Articles, tagged with "sarbanes oxley act", page 2
21st September 2009
HP LTO media is highly cost effective and advantageous in all the LTO ultrium products manufactured by Hewlett-Packard as well as the non-HP products. HP has special media laboratory whose purpose is to test the backup media products in order to verify i...
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Author:
Tape4backup
16th July 2009
One of the first books to deal with modern accounting was first published in Venice in 1494. It was written by Luca Pacioli. It was called Review of Arithmetic, Geometry, Ratio and Proportion. In it there was a lengthy discourse on bookkeeping. This secti...
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Author:
JamesTns
22nd June 2009
Sarbanes-Oxley Act has permanently changed the way the American CPA prepare the statement showing financial information about any company or the manner in which the corporate present their financial data to the public.
After the failure of WorldCom and E...
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Author:
Robert Bell
22nd June 2009
The Public Company Accounting Reform and Investor Protection Act of 2002 is commonly known as the Sarbanes-Oxley Act or the SOX or as the SarbOx. These nicknames have been derived from the names of the two persons responsible for drafting the Act and garn...
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Author:
Robert Bell
22nd June 2009
The number 404 are not the same as we see on the Internet when a page is not found. It is the most draconian section of the Sarbanes-Oxley Act which empowers it to enforce companies to implement an array of strict controls for the purpose of preparation o...
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Author:
Robert Bell
22nd June 2009
After the fall of the mighty empires of Arthur Anderson, WorldCom and Enron a postmortem of the events revealed total whitewash of financial information by fraud committed by the executive of the company on the investing public.
On July 30th of the yea...
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Author:
Robert Bell
22nd June 2009
A lot of agencies, educations institutions, and professional bodies have started imparting Sarbanes-Oxley training. There are even online courses available on the net which give training on how to comply with the Sarbanes-Oxley Act. Companies, big or smal...
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Author:
Robert Bell
22nd June 2009
The Sarbanes-Oxley Act was enacted in the year 2002 and five years have passed since then. A lot of lessons have been learnt and with the gathering of experience now the US companies have come out brightly with their reporting as per the requirement of th...
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Author:
Robert Bell
22nd June 2009
The US House of Representatives passed the Sarbanes-Oxley Act in the year 2002. This law as named after the two eminent persons Paul Sarbanes a democrat Senator and Michael Oxley a republican Representative. The Act is a complex piece of legislation direc...
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Author:
Robert Bell
22nd June 2009
The purpose of the Sarbanes-Oxley Act was to curb the tendency amongst big corporate to play with public money and one fine morning file for bankruptcy and then the game of pointing fingers would start leaving the poor investor in the lurch.
The growt...
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Author:
Robert Bell
22nd June 2009
Sarbanes-Oxley Act compliance is not a one time affair but a life long partnership which has to be now carried on for eternity. It is not comply and forget type of project but has to be built in your company's work environment and processes followed by yo...
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Author:
Robert Bell
22nd June 2009
The Sarbanes-Oxley Act does not provide for any thing which is new to corporate America. All the requirements laid down in the Sarbanes-Oxley Act were earlier present in the securities law but there was no compulsion corporate America to follow the provis...
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Author:
Robert Bell
22nd June 2009
Sarbanes-Oxley Act is categorized as ‘Corporate and Auditing Accountability, Responsibility, and Transparency Act' or 'CAARTA' Act passed by the United States Senate's Banking Committee with the Active support of President Bush. This law was enacted t...
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Author:
Robert Bell
22nd June 2009
Why could anyone require professional training for ensuring compliances of just a law of the land? This question is asked by many people who are ignorant of the complexities involved in compliance of the Sarbanes-Oxley Act. This Act, popularly called SOX ...
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Author:
Robert Bell
22nd June 2009
The Sarbanes-Oxley Act is so complex that executives of the companies who are responsible for Sarbanes-Oxley Act compliance may find it very hard to achieve compliances on their own even after receiving format training in Sarbanes-Oxley Act compliance. Th...
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Author:
Robert Bell