http://compliancesarbanesoxley.com Compliance Sarbanes Oxley, A Resource Guide for New and Established Businesses Requiring Sarbanes Oxley Compliance Fri, 19 Mar 2010 22:33:04 +0000 http://backend.userland.com/rss092 en That's a loaded question. If you are talking about section 404 of the Sarbanes-Oxley act, if properly implemented, the Corporation should have the appropriate controls over information security in place. Those controls should be documented and tested. http://compliancesarbanesoxley.com/sarbanes-oxley/how-can-sarbanes-oxley-help-protect-a-companys-information-security Use Sarbanes-Oxley (SOX) compliance as an opportunity to solve additional problems, and to upgrade infrastructure to meet other business objectives at the same time. Generally, a Sarbanes-Oxley compliance effort will start with a focus on processes and procedures, not infrastructure. But you may be able to make a good business case ... http://compliancesarbanesoxley.com/sarbanes-oxley/how-can-i-convince-my-organization%e2%80%99s-management-to-spend-for-sarbanes-oxley It should be evaluated following CobiT standards, linked below http://compliancesarbanesoxley.com/sarbanes-oxley/how-to-determine-if-an-application-is-sox-sarbanes-oxley-compliant Is there a sister act that covers government accounting? No Sarbanes-Oxley is only for corporations with publicly traded shares. There is no similar statute for government accounting, but there are government standards established by the accounting industry. The Government Accounting Standards Board. Their standards are analogous to GAAP ... http://compliancesarbanesoxley.com/sarbanes-oxley/does-the-sarbanes-oxley-act-provide-for-government-accounting-standards what exactly does is do and why ? go on wikipedia http://compliancesarbanesoxley.com/sarbanes-oxley/what-does-the-sarbanes-oxley-act-restrict would a graduate certificate in Accounting due? or do i need a masters in accounting? To answer your question, either could would probably give you what you need... which boils down to a foot in the door, so that you can work at a company that needs to comply with SOX ... http://compliancesarbanesoxley.com/sarbanes-oxley/how-to-become-a-sarbanes-oxley-analyst Can anyone tell me what if any requirements there are relative to email and/or disater recovery and co-locattion facilities from a Sarbanes-Oxley compliance perspective? While many public companies have increased the attention they place on having adequate disaster recovery and data-backup plans because of theoretical Sarbox concerns, I don't believe Sarbox ... http://compliancesarbanesoxley.com/sarbanes-oxley/sarbanes-oxley-compliance-relative-to-email-and-disaster-recovery There should be a web site that explains it. http://compliancesarbanesoxley.com/sarbanes-oxley/how-is-the-sarbanes-oxley-act-affects-auditor-services-that-an-auditor-can-provide-to-its-audit-clients I am an accounting major and I think accountants and auditors are in greater demand because of this act. If it were done away with it could effect the market for accountants. 1. Ask your instructor to cite a source for this, and check it out. 2. Auditors are in ... http://compliancesarbanesoxley.com/sarbanes-oxley/my-instructor-told-me-that-obama-wants-to-do-away-with-all-or-part-of-the-sarbanes-oxley-act-is-this-true Who watches the little guys? There's no exact equivalent - but the IRS has a certain tendency to audit private firms who are perhaps trying to naively enter some famous accounting misrepresentations into their books. Penalties are quite large for the unethical 'little guys' too! http://compliancesarbanesoxley.com/sarbanes-oxley/what-is-the-equivalent-of-the-sarbanes-oxley-act-for-privately-held-companies