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Saturday, January 18, 2014

Sarbanes-oxley

The major things that IT managers ordain know to do otherwise when be get holds respectable utilizeed and effectiveINTRODUCTIONThe Sabarnes -Oxley Act was the response to the Enron and Arthur Andersen scandal . The follow presented glaringly fiscal narrations that did not show the true income in its income recital and labyrinthian sense sheets . There many other companies that had the same profess as the Enron debacle . This practise gives the negligible requirements that a come with should implement in to present a more(prenominal) back-to-back ( as comp ard to the previously FAIR ) balance sheet and income statement . The following paragraphs describes the nuances of the responsibility and the role of the info technology managers as they go hand in hand with the other managers of the keep company in the compli ance of the minimum requirements of the Sabarnes -Oxley ActBODYThe Information technology managers should otherwise do major things when the Sarbanes - Oxley Act becomes aboundingy implements and effective beginning , the Information applied science managers should improve or strengthen the built-in bail within the company . Second , The education engineering managers should improve the maintenance activities . So that the software program programs will not be easily corrupted or septic with virus . Third , the software should replace its best estimates insurance in recording of effortless business transactions to a divulge the true in the meeting , collecting and rendition of entropyFirst , the information technology managers should improve or strengthen the interior security within the company . The people who use the computers should have passwords . in like manner , only authorized military group are allowed in the buildings where subtle information is ke ptSecond , The information Technology manage! rs should improve the maintenance activities . And , the software programs will not be easily corrupted or infected with virusAnti -virus software take Norton Anti- virus and others .
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Also firewalls should be set up to catch unwanted websites , advertisements and questionable emailsThird , the information technology department should stand by with the accounting and other departments as the organization replaces its best estimates form _or_ system of government in recording of daily business transactions to more accurate in the gathering , collecting and interpretation of data Russ Banham (2005 ) utter that it t he trend is no longer to present monetary statements such as the balance sheet and income statements Now , on that point strong pressures to produce financials statements that are more accurate with the succor of the computer software with the coming of the Sarbanes- Oxley act . For , Sarbanes -Oxleydoes not stipulates the minimum requirements that certified public accountants should fasten on in resemblance to the accuracy of all assets that will go to as guidelines onthe pain in the neck of punishments on captain Executive Officers and Chief financial officersFor , the Sarbanes -Oxley act has placed greater emphasis on the economic jimmy of businesses intangible assets of all kinds . Thus , accuracy through the encourage of information technology has become a business prioritySusan Switzer stated that the internal audit reports should follow the go outlined in the Sarbanes Oxley act . The information technology managers should implement necessary locomote to hasten the implementation of...If you want to excite a ful! l essay, order it on our website: OrderCustomPaper.com

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