Today, entrepreneurs running small-to-medium sized businesses face daunting tasks that just a few years ago were not existent. The complexities of the business world have created new risks, a myriad of regulations, and complex reporting requirements that can overwhelm any organization. Owners and managers of all enterprises, even smaller private businesses, need to be cognizant of both the spirit and the letter of the law. How does a smaller organization, with limited resources, cope with all of this? How do they stay abreast of the additional changes that are on the way? In this guide, Pete Russo of the Entrepreneurial Management Institute at the Boston University School of Management outlines the pitfalls and steps, but also looks at effective solutions for private companies.
Related to Sarbanes Oxley: Regulatory and Compliance, SAP, Educational Services, Management of Companies and Enterprises, Management, Scientific, and Technical Consulting Services
Organizations cannot achieve Sarbanes-Oxley compliance without the proper tools. But once these tools have been obtained, compliance becomes an opportunity for organizations to reevaluate their business practices and grow. Microsoft Dynamics NAV is a powerful ally in compliance efforts, and can give organizations the extra controls and review tools they need to help reach compliance and improve their organizational capacity.
Related to Sarbanes Oxley: Accounting and Financial Management, Compliance Management/Sarbanes-Oxley Compliance, Microsoft
Organizations are overwhelmed with how to begin implementing identity and access management (IAM) solutions. They are scratching their heads and asking, 'Where do I start?' Even after implementation, security and information protection must be continually improved while ensuring compliance with regulations. Auditors continue to ask: 'Are the right controls in place?' 'Are they effective?' Download this white paper to learn more about defining the steps necessary to understanding and deploying IAM, giving enterprises a roadmap to an effective IAM program.
Related to Sarbanes Oxley: Access Control, Identity Management/User Provisioning, Regulatory and Compliance, Security, Consul risk management, Information, Management of Companies and Enterprises, Management, Scientific, and Technical Consulting Services
The Sarbanes-Oxley Act (SOX) regulates the storage and management of corporate financial data for all Registered Public Accounting Firms and many publicly held companies. Which SOX regulations affect data backup in your company?and how can a remote data backup solution help you comply? Find out, with an explanation of various sections of the SOX act, matched with key remote data backup functionality.
Related to Sarbanes Oxley: Archival and Disaster Recovery, Backup (Software and Processes), Compliance Management/Sarbanes-Oxley Compliance, Hosting Services, IT Infrastructure, Security, Storage Management, BizDomainStore.com
The Public Company Accounting Reform and Investor Protection Act of 2002 (also known as the Sarbanes-Oxley Act 0f 2002) was passed by US lawmakers to reinforce honest and transparent corporate practices in the wake of the various public accounting scandals and corporate failures of the 1990s. The Act, named after US Senator Paul S. Sarbanes and US Congressman Michael G. Oxley, has changed the way public companies do business. Although not specifically covered under the Act, non-public entities are also finding that bankers, investors, and acquisition candidates are now conditioned to expect increased transparency and real-time disclosures, in effect placing a greater accounting and reporting burden on companies that are not legally obligated to comply with this act. As with any far-reaching legislation of this magnitude, there is plenty of hype that has emerged in connection with this law. This document is designed to help companies large and small navigate some of the 'hype' that sometimes blurs the line between fact and fiction.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Consulting and Services, nConcert Solutions, LLC
Human resources (HR) organizations have not fully embraced automation technologies. Up to 92 percent of HR ?key controls??fundamental to compliance with the US Sarbanes-Oxley Act (SOX)?are executed manually. This paper explores how technology-savvy HR organizations, especially those with the right software, can satisfy SOX requirements, and bolster their role as a strategic partner in the enterprise.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Human Resources, Workflow Automation, Lawson Software
To comply with the Sarbanes-Oxley Act (SOX), businesses need to be forthcoming to shareholders. Earned value management system (EVMS) is a set of best business processes and tools for enterprise project planning and control. Early warning signals and reliable information from an EVMS helps management ensure that material changes in the financial condition or operations of projects are communicated as required by SOX.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Professional Services Management, Project Portfolio Management (PPM), Deltek Systems, Information, Management of Companies and Enterprises, Management, Scientific, and Technical Consulting Services
As is generally the case with such issues as the US Sarbanes-Oxley Act (SOX), the quick fix is often too good to be true. Leading companies are thus using SOX as an opportunity to restructure the way they run their business. What?s more, they?re finding they already have much of what they need?including the right people, processes, and technology.
Related to Sarbanes Oxley: Business Intelligence (BI), Compliance Management/Sarbanes-Oxley Compliance, Data Management and Analysis, Business Objects, Management of Companies and Enterprises
Under the US Sarbanes-Oxley Act, companies must maintain proven auditing practices and assure integrity and timeliness of data. Thus, companies must secure systems that monitor corporate data. To effectively accomplish this, you are best off investing in a solution that can comprehensively cover your reporting and auditing needs while providing you the capacity to respond swiftly should any incidents occur.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Database Administration, Guardium
IT departments play a key role in complying with the US Sarbanes-Oxley Act (SOX). Without the right technological solutions to record and monitor access to networks, financial systems, and sensitive data, company management cannot ensure the integrity of the information in their financial reports. That?s why technology that helps with SOX compliance and internal control management is imperative.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Intrusion Detection, Security, Top Layer Networks, Information, Management of Companies and Enterprises, Management, Scientific, and Technical Consulting Services
When it comes to US Sarbanes-Oxley Act (SOX) compliance, the role of financial information systems simply cannot be overlooked. This was recently underscored by a study naming 'financial systems and procedures' as the most common problem among companies disclosing material weaknesses. Indeed, this weakness has prompted organizations to take a deeper look at their business processes?and underlying financial systems.
Related to Sarbanes Oxley: Accounting and Financial Management, Compliance Management/Sarbanes-Oxley Compliance, CDC Software, Information
The rules have changed for IT outsourcing companies and their clients. The US Sarbanes-Oxley Act (SOX) casts a giant shadow over every person and organization that comes in contact with a company?s financial records and reports. We?ll look at ways in which outsourcing companies can take proactive measures to meet both the spirit and letter of compliance guidelines through audits and adherence to industry best practices.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Enterprise Resource Planning (ERP), Outsourcing, OneNeck
For many companies, enterprise resource planning (ERP) is the single most important infrastructure element, thanks largely to its power in delivering end-to-end integration. New technology in ERP software has grown in sophistication over the years, enabling even further automation of business functions. Find out how you can leverage one ERP solution to deal with one of your biggest bugbears: Sarbanes-Oxley compliance.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Enterprise Resource Planning (ERP), Visibility
For multi-organizational enterprises, generally accepted accounting principles (GAAP), Sarbanes-Oxley (SOX), and International Financial Reporting Standards (IFRS) have made everything from closing the books to daily management more complex. Learn how to manage the sales and financial components of your enterprise, including requirements for addressing differing currencies, taxation rules, and reporting.
Related to Sarbanes Oxley: Accounting and Financial Management, Compliance Management/Sarbanes-Oxley Compliance, Consolidation Statements and Performance Reporting (CS-PR, Aggregation), Multinational Accounting, Payroll and Personnel Accounting, Regulatory and Compliance, Sales Management, NetSuite
Despite the efficiencies brought about by technology, many organizations remain dependant on paper driven, labor intensive tasks. If companies embrace the issue of compliance head-on, they can actually improve business practices, financial performance, and reduce the business risk of their organization. Learn how to develop a process that embraces Sarbanes Oxley compliance and boosts organizational efficiency.
Related to Sarbanes Oxley: Compliance Management/Sarbanes-Oxley Compliance, Enterprise Resource Planning (ERP), Exact