Currently, only a few of the provisions in SOX directly apply to nonprofit organizations. Nonprofits are required to adhere to Title III, Section 806, and Title XI, Section 1107, which provide protection to employees who report suspected fraud or other illegal activities. In addition, Title VIII, Section 802, and Title XI, Section 1102, which address […]
Popularity: 55% [?]
Traditional approaches to IT management have included centralized, decentralized, federal and distributed structures, which also serve as useful labels for IT governance models (Peppard and Ward, 1999; Schwarz and Hirschheim, 2003).
The centralized IT governance model relies on a strong, positive, capable IT steering committee that is able to interact with the board directly, or through […]
Popularity: 73% [?]
Implementing risk control matrices for Sarbanes Oxley Compliances mean implementing a lot of control. Some how most of control tend to be very excessive. Below some explanation why people allergic to excessive control and how to manage it.
Interference does not improve employee performance; improvement is accomplished by motivating, allowing freedom of action, and understanding the […]
Popularity: 30% [?]
The first question arises from my client after having brainstorming or preliminary meeting about Sarbanes Oxley compliance is: How long? Since the SOX impact is cover almost every significant application and department related with financial reporting. And since SOX implementation is quite new, so this common question always arrived in their mind.
Based on common practice, […]
Popularity: 43% [?]