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23rd September 2009
Businesses routinely maintain copies of correspondence and memos. Far to often, however, they do not extend this practice to email correspondence. Email correspondence is no different then your normal paperwork. You must keep copies of all of it to protec... Read >
Author: wbdoyle21st 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... Read >
Author: Tape4backup02nd September 2009
Time was, you could just hang up a shingle and call yourself a business. As long as you didn't shoot anyone, you were pretty much left alone. Not so any more. A glut of federal and state regulations have come into being, many just over the past few years,... Read >
Author: wbdoyle16th 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... Read >
Author: JamesTns16th 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... Read >
Author: JamesTns22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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 ... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell22nd 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 ... Read >
Author: Robert Bell22nd 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... Read >
Author: Robert Bell21st June 2009
One of the most widely used auditing standard enforced by the American Institute of Certified Public Accountants (AICPA) is the Statement on Auditing Standards (SAS) No. 70 applicable to Service Organizations. SAS-70 set out the governing standards which ... Read >
Author: Robert Bell15th June 2009
New regulations set by the government to protect consumers place a serious burden on today's businesses to maintain the accuracy and security of data. Businesses know simple mistakes made during data entry can cost millions of dollars in the end. This is ... Read >
Author: Christine OKelly13th June 2009
The specifications of LTO3 tape have provided opportunity to the manufacturers of LTO ultrium to offer LTO 3 tape products with incorporated feature of WORM (write once, read many). Guidelines have been established by the Government regulations like the S... Read >
Author: Tape4backup08th June 2009
SAS 70 is a well-known acronym that represents a detailed audit of a third-party service organisation. The original one is one of a multitude of statements issued periodically by the Auditing Standards Board of the American Institute of Certified Public A... Read >
Author: sturat09th March 2009
Through a house vote of 423-3 and supported by a landslide vote in the Senate of 99-0, a significant federal law was conceived in July 30, 2002 which brought significant changes on the laws concerning America’s security market through the Sarbanes-Oxley... Read >
Author: Robert Bell14th March 2008
The Sarbanes-Oxley Act, also called the Public Company Accounting Reform and Investor Protection Act of 2002 was signed into law on July 30, 2002 by President Bush. In the aftermath of Enron, Arthur Andersen, Global Crossing, and WorldCom, SOX promises gr... Read >
Author: jaswalbhisham03rd March 2008
You go into business to make money. For most people, they want to be in it for the long haul. Unfortunately, we have all heard statistics about the high number of businesses that fold. There are some easy steps you can take to promote and protect your ... Read >
Author: mybinding07th February 2008
Whether you manage a school, business, charity, or church, people entrust their personal information to you. They do so believing you will safeguard their information. If your clients, employees, donors, and others believed you were not handling their d... Read >
Author: mybinding22nd January 2008
Whether a company relies heavily on database activity for critical everyday business operations or only for select requirements, the loss of data due to technological failure can have far reaching negative implications. The loss of valuable information an... Read >
Author: Stephen J. Richards04th October 2007
What is the Sarbanes-Oxley Act? The Sarbanes-Oxley Act of 2002 is a United States federal law passed in response to the recent major corporate and accounting scandals including those at Enron, Tyco International, and WorldCom (now MCI). These scandals res... Read >
Author: James Murray29th August 2007
Following numerous accounting scandals including Enron, WorldCom and Tyco International, the U.S. Federal government passed the Sarbanes-Oxley Act of 2002. Sarbanes-Oxley, otherwise known as SOX, regulates financial accountability and information accessib... Read >
Author: Tim Rhodes26th June 2007
Whether a company relies heavily on database activity for critical everyday business operations or only for select requirements, the loss of data due to technological failure can have far reaching negative implications. The loss of valuable information an... Read >
Author: Stephen J. Richards15th June 2007
Introduction to Document Management
If you've never used a document management system, then it is entirely possible that you aren't aware of how valuable these products can be. Companies and individuals who manage a diverse array of documents have foun... Read >
31st May 2007
Data retention has long been a vital business practice, allowing companies to use client information, assess company growth, and retrieve and manipulate data on past performance, all with the goal of propelling business growth and success. A number of fac... Read >
Author: Stephen J. Richards06th February 2007
The information security landscape has changed dramatically in recent years. While the network hacker continues to pose a threat, regulatory compliance has shifted the focus to internal threats. As noted by Charles Kolodgy, analyst at IDC, "Compliance shi... Read >
Author: netForensics20th January 2007
The list of laws and regulations covering the storage and retrieval of business documents seems to grow by the day. Document storage and retrieval is covered by the IRS, the Sarbanes-Oxley Act of 2002, SEC regulations, environmental statutes, criminal sta... Read >
Author: Melinda Powelson19th January 2007
Summary:
The illicit transgressions by Enron and those alike in the late 1990s, lead to regulations created to standardize the trustworthiness of financial institutions and public companies. Companies facing SOX compliance will need to consider the fol... Read >
Author: Marilee Veniegas18th November 2006
When Enron and WorldCom collapsed under the weight of questionable accounting practices, shareholders, investors and employees spent many a sleepless night wondering if they’d ever see their money again. It is these same shareholders, investors and empl... Read >
Author: Richard Hall18th November 2006
It seems as though the accounting rules that just a few short years ago seemed to be carved in stone and generally accepted by almost all businesses, are now more like accounting questions that are subject to ongoing challenge, discussion and debate. It ... Read >
Author: Richard Hall03rd October 2006
Since the corporate scandals that ravaged the US landscape, and the passage of the Sarbanes-Oxley Act, auditing has become the hottest topic on the debate and education plates for many of the Big4 firms. KPMG held their first annual Audit Committee Issues... Read >
Author: Neil More03rd October 2006
In an age of increasing concern surrounding ethics and the accounting and finance professions, the Deloitte Foundation has announced a $4 million commitment to fund a new endowment at the University of Illinois Center for Professional Responsibilities in ... Read >
Author: Neil More03rd October 2006
In line with the findings of most Big 4 surveys, a study recently released by Accenture finds that sixty percent of U.S. businesses expect IT spending at their companies to continue to increase over the next several years. The current average spending amo... Read >
Author: Neil More03rd October 2006
The Big Four firms have increasingly become large global players in a complicated and dynamic landscape where they have to deal with two key issues:
How to deal with risk to people and property.
How do manage increased corporate trans... Read >
Author: Neil More31st August 2006
The Sarbanes Oxley Act was passed in 2002 to curb accounting abuses that led to the bankruptcy and financial ruin of several major companies, and the loss of billions of dollars to investors who have every right to expect their money to be safe. The Sarba... Read >
Author: Earl Powers31st August 2006
When the Enron and MCI scandals broke, it became clear to the US government as well as everyone else that something needed to be done to prevent financial abuses from harming the public. A bipartisan team of legislators led by Senator Paul Sarbanes and Re... Read >
Author: Earl Powers31st August 2006
Sarbanes Oxley Act falls under 'Corporate and Auditing Accountability, Responsibility, and Transparency Act' or 'CAARTA' act which was passed by the US Senate Banking Committee with the support of President Bush. This act was passed to strengthen corporat... Read >
Author: Earl Powers31st August 2006
With the passage of the Sarbanes Oxley Act, two different legal routes for punishment were created, one for criminal penalties and one for civil penalties.
The civil penalties for the Sarbanes Oxley Act are listed under 15 U.S.C. §7241 (Section 302). ... Read >
Author: Earl Powers31st August 2006
Sarbanes Oxley 404 refers to the section 404 of the Sarbanes Oxley act according to which it entitles to have stricter internal controls while documenting the financial status of the company. Most of the senior executive in the top corporate world emphasi... Read >
Author: Earl Powers31st August 2006
Sarbanes Oxley act had been levied for tighter controls and stricter regulations for company's internal controls. According to the Sarbanes Oxley compliance companies with market capitalization of more than $75 million need to file their financial reports... Read >
Author: Earl Powers19th July 2006
There is no doubt that interest in corporate governance has substantially increased in recent years. Not only have separate states adopted their own corporate codes but also changes in corporate governance are directed at a global level. For developing ec... Read >
Author: Verena Veneeva03rd July 2006
Companies must account and deal for new legislation governing how information
is stored on IT systems.
The EU is shortly to adopt many of the recommendations on corporate
governance set out by the Sarbanes-Oxley Act in the US, UK firms are to be
e... Read >
Author: Lee Morrell29th June 2006
Because of HIPAA legislation, health organizations have to be particularly careful about the vulnerability of the patient data they maintain. Exposing patient data to the Internet through IM exchanges or P2P file sharing can jeopardize their compliance wi... Read >
Author: Jennifer Fiocco25th April 2006
The Sarbanes Oxley Act of 2002 (SOX) has set in place some of the toughest corporate governance standards in the world. In light of the ongoing enforcement of such accountability legislation, the need for software solutions to help organizations manage th... Read >
Author: Joe Armstrong23rd March 2006
MEASUREMENTS AND INCENTIVES THAT SUPPORT INNOVATION
ABSTRACT
This paper focuses on the practical elements and tools that will make innovation work. If we want to encourage behaviour, in general, we must communicate our expectations very explicitly to ... Read >
Author: Ezra Bar09th March 2006
The Sarbanes-Oxley Act of 2002, adopted as a reaction to corporate scandals, has a significant impact on European companies. The reason is simple: Hundreds of European-headquartered companies are dually listed on two stock exchanges, one in Europe and the... Read >
Author: George Lekatis11th February 2006
Sarbanes-Oxley Act or the accountants full employment act as I like to call it, refers to legislation introduced by Senator Paul Sarbanes (D) MD and Representative Michael Oxley (R) Ohio and passed in July of 2002 in response to the Enron and Worldcom sca... Read >
Author: joseph Quinones13th January 2006
The U.S. federal Sarbanes-Oxley Act was created to protect investors by improving the accuracy and reliability of corporate disclosures. The act covers issues such as establishing a public company accounting oversight board, auditor independence, corporat... Read >
Author: Adam Hook01st January 2006
Time was, you could just hang up a shingle and call yourself a business. As long as you didn't shoot anyone, you were pretty much left alone. Not so any more. A glut of federal and state regulations have come into being, many just over the past few years,... Read >
Author: Audrey Hoffman13th December 2005
Nu Horizons Selects Radware's Intrusion Prevention Solution for Sarbanes-Oxley Compliance
Leading Global Distributor of High Technology Components Chooses Radware's DefensePro Solution to Ensure Optimized Performance and Security at High Throughputs... Read >
Author: Efrat Levi10th October 2005
Sarbanes-Oxley Act or the accountant full employment act as I like to call it, refers to legislation introduced by Senator Paul Sarbanes (D) MD and Representative Michael Oxley (R) Ohio and passed in July of 2002 in response to the Enron and Worldcom scan... Read >
Author: Joseph Quinones
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