An ever expanding collection of Sarbanes Oxley Act (SOX, SarbOx) related information, news, books, events, and jobs.
Updated: 51 weeks 19 hours ago
How mature is your Enterprise Risk Management (ERM) Practice?
I wanted to share what I found to be surprising statistics from their recently published 2010 Report on the Current State of Enterprise Risk Oversight: 2nd Edition" published in February.
48.7% of respondents describe the sophistication of their risk oversight processes...
Categories: K Feeds
SEC Approves Enhanced Disclosure About Risk, Compensation and Corporate Governance
(12/16/2009)
The Securities and Exchange Commission today approved rules to enhance the information provided to shareholders so they are better able to evaluate the leadership of public companies.
In particular, the new rules require disclosures in proxy and information...
Categories: K Feeds
Control Rationalization - 8 Best Practices
The health of your business requires consideration that a continual over assessment of risks and controls encumbers your resources and leads to unnecessary testing. External auditors need a business case to justify reducing SOX compliance requirements. As the business owner...
Categories: K Feeds
Amended Custody Rules and SAS 70s
On December 30, 2009, the Securities and Exchange Commission (SEC) finalized the
amendments to the custody requirements of Rule 206(4)-2 (the "Rule"), under the
Investment Advisers Act of 1940. What do you need to do to prepare and comply
now that the Rule has gone into...
Categories: K Feeds
SOX Life: Revisiting your Control Environment
I have had too many conversations about "just one more layer for good measure" when it comes to controls in the enterprise.
Never enough time" and "too many competing demands" seems to be the recurring theme, as folks complain about staffing being reduced 10% since 2007,...
Categories: K Feeds