Inaccurate, duplicate, or “bad” data is a common problem for today’s companies. Companies can no longer continue to tolerate bad data, nor can they continue to accept data fixes after the fact. Regulators have begun to scrutinize financial reports more thoroughly, and legislators have passed new laws and regulations. Bad data can put company board members and senior management in legal jeopardy if inaccurate financial reports are submitted to national and international regulatory agencies. Ascertaining whether or not an enterprise has a data governance program in place will be a part of financial audits in the future.