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  • Digg it UP - 404 Sarbanes Oxley - The Ins And Outs

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    jor government-mandated change as a result of the Sarbanes-Oxley Act. Sarbanes-Oxley lays down the law in financial reporting. Compliance with Sarbanes-Oxley is a challenge. And as you have
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    Sarbanes-Oxley is more a set of guidelines versus a set of rules; it’s ultimately an act that mandates financial accountability. The original intent of Sarbanes Oxley is about accountability of executives but has morphed into something else within many enterprises. Transparency of, and accuracy in, financial reporting is what it’s all about.

    Sarbanes-Oxley is every bit as pervasive as Y2K, the only difference is it has no end. Sarbanes-Oxley is designed to increase corporate transparency and reduce the time between a material loss event, and when the event is reported. It is working.

    Named after Senator Paul Sarbanes, and Representative Michael Oxley, SOX is America's response to Enron and other scandals. Corporate America is currently facing major government-mandated change as a result of the Sarbanes-Oxley Act. Sarbanes-Oxley lays down the law in financial reporting. Compliance with Sarbanes-Oxley is a challenge. And as you have

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    of executives but has morphed into something else within many enterprises. Transparency of, and accuracy in, financial reporting is what it’s all about.

    Sarbanes-Oxley is every bit as pervasive as Y2K, the only difference is it has no end. Sarbanes-Oxley is designed to increase corporate transparency and reduce the time between a material loss event, and when the event is reported. It is working.

    Named after Senator Paul Sarbanes, and Representative Michael Oxley, SOX is America's response to Enron and other scandals. Corporate America is currently facing major government-mandated change as a result of the Sarbanes-Oxley Act. Sarbanes-Oxley lays down the law in financial reporting. Compliance with Sarbanes-Oxley is a challenge. And as you have

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    rvasive as Y2K, the only difference is it has no end. Sarbanes-Oxley is designed to increase corporate transparency and reduce the time between a material loss event, and when the event is reported. It is working.

    Named after Senator Paul Sarbanes, and Representative Michael Oxley, SOX is America's response to Enron and other scandals. Corporate America is currently facing major government-mandated change as a result of the Sarbanes-Oxley Act. Sarbanes-Oxley lays down the law in financial reporting. Compliance with Sarbanes-Oxley is a challenge. And as you have

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    orted. It is working.

    Named after Senator Paul Sarbanes, and Representative Michael Oxley, SOX is America's response to Enron and other scandals. Corporate America is currently facing major government-mandated change as a result of the Sarbanes-Oxley Act. Sarbanes-Oxley lays down the law in financial reporting. Compliance with Sarbanes-Oxley is a challenge. And as you have

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    jor government-mandated change as a result of the Sarbanes-Oxley Act. Sarbanes-Oxley lays down the law in financial reporting. Compliance with Sarbanes-Oxley is a challenge. And as you have heard, complying with Sarbanes-Oxley is difficult, complex, and time-consuming.

    There's nothing new in Sarbanes-Oxley, all that's in there has been in securities law before. But Sarbanes-Oxley is forcing public companies to re-examine their internal control and financial systems.

    Do you have the right controls in place to support Sarbanes-Oxley initiatives? All public companies are responsible for ensuring their own compliance with the Act. Companies are now investing heavily in new software to help them comply with Sarbanes-Oxley. Automation software’s main drive is to simply reduce compliance costs.

    The signing into law of the Sarbanes-Oxley Act, was designed to changing forever the financial reporting landscape for finance professionals

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