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Home > Business & Economics > Finance & Accounting > Sarbanes-Oxley Guide for Finance and Information Technology Professionals

Sarbanes-Oxley Guide for Finance and Information Technology Professionals

by Anand, Sanjay
 
 
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Sarbanes-Oxley Guide for Finance and Information Technology Professionals
"Praise for Sarbanes-Oxley Guide for Finance and Information Technology Professionals

""Effective SOX programs enlist the entire organization to build and monitor a compliant control environment. However, even the best SOX programs are inefficient at best, ineffective at worst, if there is a lack of informed, competent finance and IT personnel to support the effort. This book provides these important professionals a needed resource for and road map toward successfully implementing their SOX initiative.""
—Scott Green Chief Administrative Officer, Weil, Gotshal & Manges LLP and author, Sarbanes-Oxley and the Board of Directors

""As a former CFO and CIO, I found this book to be an excellent synopsis of SOX, with impressive implementation summaries and checklists.""
—Michael P. Cangemi CISA, Editor in Chief, Information Systems Control Journal and author, Managing the Audit Function

""An excellent introduction to the Sarbanes-Oxley Act from the perspective of the financial and IT professionals that are on the front lines of establishing compliance in their organizations. The author walks through many areas by asking 'what can go wrong' types of questions, and then outlines actions that should be taken as well as the consequences of noncompliance. This is a good book to add to one's professional library!""
—Robert R. Moeller Author, Sarbanes-Oxley and the New Internal Auditing Rules

""Mr. Anand has compiled a solid overview of the control systems needed for not only accounting systems, but also the information technologies that support those systems. Among the Sarbanes books on the market, his coverage of both topics is unique.""
—Steven M. Bragg Author, Accounting Best Practices

""An excellent overview of the compliance process. A must-read for anyone who needs to get up to speed quickly with Sarbanes-Oxley.""
—Jack Martin Publisher, Sarbanes-Oxley Compliance Journal "



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Title of ebook: Sarbanes-Oxley Guide for Finance and Information Technology Professionals
ISBN: 9780471927679
parent-ISBN: 9780471785538
Publisher: John Wiley & Sons, Inc.
Internet download file size: 2180 kb
Pages: 288
Published: 04-2006
Released online for download: 04-20-2006
Author of eBook: Anand, Sanjay
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Sarbanes-Oxley Guide for Finance and Information Technology Professionals


Chapter One

Scope and Assessment of the Act

Some pervasive themes emerge from the Sarbanes-Oxley Act, which is built on the following basic and key principles:

* Integrity

* Independence

* Proper oversight

* Accountability

* Strong internal controls

* Transparency

* Deterrence

* Corporate process management

INTEGRITY

The process of reporting and disclosing material information to stakeholders must be honest and truthful. The stability of the U.S. market depends on investor trust in the corporations and the systems in which they operate; Sarbanes-Oxley is the means to guarantee trust and integrity.

INDEPENDENCE

For a system to function reliably, it must have a certain degree of autonomy. For corporations, this means that the people entrusted to ensure fair and accurate representation must be impartial and independent. The auditors and board members must be free to operate objectively ... read full excerpt from Sarbanes-Oxley Guide for Finance and Information Technology Professionals ebook



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