Technology helps but the best way to reduce Sarbox cost is with people

The heartbeat of strong controls is clearly in the hands of people. While the movement to automate controls has appropriately gained momentum in an effort to reduce testing efforts and maximize operating effectiveness, the majority of entity-wide controls rely upon people. Investing in your pe...

My View - State Government Needs Integrity To Build Investor Confidence

...his concept a little closer. President Bush signed sarbox into law on July 30, 2002 in the wake of corporate...since the U.S. securities laws of the early 1930s. sarbox was primarily aimed at publicly-held companies and...olders, and countless private businesses. While sarbox does not directly impact state governments, states...

Sarbanes-Oxley for the Rest of Us

...s. Are taking these kinds of measures and applying sarbox to privately held companies and non-profits approp...dals over the last few years planted the seeds for sarbox and a host of related legislation, rules, and regu...th one another. Make no mistake, the scope of sarbox is far reaching. While...

Technology Implications of Sarbanes-Oxley

...nd information technology (IT) solutions. In fact, sarbox does not mandate any technology; however, it is di...cesses. The ramifications, especially in light of sarbox and related rules, are now magnified. Gartner, Inc...riality thresholds. Three of the 66 sections of sarbox have implications for content, document and proces...

Financial transparency is good; performance transparency is better

...n an orange jumpsuit will be as good for their careers as it seems to have been for Martha Stewart's. While many might argue that passing laws like sarbox is overkill, few would disagree that the principle of financial transparency is a good thing for all corporate stakeholders. But there is another k...

VC trends, company progress discussed at Mason Wells portfolio meeting

... a dual strategy of registering for IPOs and trying to be acquired at the same time, so they can say they are for sale, have filed for an IPO, and are sarbox complaint. "More and more companies across the market are going down this route, and this is especially true in life sciences," Hessen said. Th...