http://accounting.smartpros.com/x60017.xml

Although "SOX" does not directly apply to non-profits, the reality is that the standardization, formalization and documentation of internal controls (policies and procedures designed to protect the integrity of reporting and protection of assets) are having a "trickle-down" effect.

As large corporations adopt measures designed to comply with SOX, and as auditors and accountants become familiar and reliant on them -they will be the state of the art, as much a part of life as computers & e-mail.

The above article details the proliferation of new controls in the non profit sector.