Special Topic: Sarbanes-Oxley Legislation
Executive Overview:
Our inaugural topic is the Sarbanes-Oxley legislation and its impact on IT prioritization and policy. The Sarbanes-Oxley Act of 2002 involves accounting oversight of public companies, as well as auditing, quality control, independence standards, and the role of Boards of Directors. In addition, it provides direction for the escalation of employee communications to the Board (whistleblower response). While the legislation is still being finalized, and deadlines for compliance have been extended for many of the key provisions, there remain numerous issues that are a direct concern for IT executives, and consequently, numerous opportunities to provide leadership and tactical support.
Presentations:
The following presentations were delivered to the San Jose CIO Community of Practice on August 21, 2003, held at Synopsys Corporation. Tom Captain, from Deloitte Consulting, can be reached at tcaptain@deloitte.com. Stuart Robbins can be reached at srobbins@cio-collective.com.
Sarbanes-Oxley: CIO Best
Practices (85.5k)
by Stuart Robbins, Founder & Executive Director.
Leveraging Sarbanes-Oxley
To Drive Enterprise Value (1.41MB)
by Tom Captain and Carlos Munoz, Deloitte Consulting, Aug. 21, 2003.
Related Resources:
- Former CIO Sentenced in HealthSouth Fraud -- Trendlines. July 1, 2004 CIO Magazine.
- The Sarbox Conspiracy -- Christopher Koch. July 1, 2004, CIO Magazine.
- A Funny Thing Happened on the Way to Compliance (It Got Easier for CIOs) -- Ben Worthen. December 1, 2003, CIO Magazine.
- Sarbanes-Oxley: Comply With Me -- Gary A. Bolles. August 8, 2003, CIO Insight.
- Viewpoint: Rich Mogull (research director for IS security and risk practice at Gartner, Inc.) -- Gary A. Bolles. August 8, 2003, CIO Insight.
- Fact Sheet: Complying with Sarbanes-Oxley (PDF) -- CIO Insight.
- The Sarbanes-Oxley Act of 2002 (PDF) -- FindLaw.com.
- Sarbanes-Oxley: The Reporting Dimension -- Ventana Research, Sept. 19, 2003.
- Sarbanes-Oxley: The Process Dimension -- Ventana Research, July 11, 2003.
- Corporate Responsibility: New Rules for Information (PPT) -- Thomas J. Smedinghoff, Baker & McKenzie, via simnet.org.
- Sarbanes-Oxley Resource Center -- Grant Thornton LLP.
- Gartner Weblog on Sarbanes-Oxley -- Gartner, Inc.
- One year later, the Impact of Sarbanes-Oxley -- Allison Fass, July 22, 2003, Forbes.com.
- Your Risks and Responsibilities - Playing by New Rules -- Ben Worthen, May 15, 2003, CIO.com.
- Sarbanes-Oxley Act: Special Coverage -- Computerworld.
- The Whistleblower Provisions of the Sarbanes-Oxley Act of 2002 (PDF) -- George R. Salem & Laura M. Franze, partners with Akin Gump Strauss Hauer & Feld LLP.
- Seminars & vendors: Bearing Point, Plumtree, Hyperion, Documentum, Cognos, DigitalThink, BoardVantage.
- Parsing Sarbanes-Oxley -- Cathleen Moore, InfoWorld, July 11, 2003.
- Division of Corporation Finance: Sarbanes-Oxley Act of 2002 – Frequently Asked Questions -- U.S. Securities & Exchange Commission, November 2002.
- AICPA Sarbanes-Oxley Implementation Central -- The American Institute of Certified Public Accountants.
- Sarbanes-Oxley Information Center -- PricewaterhouseCoopers CFODirect Network.
- Sarbanes-Oxley Act 2002: Implications for Information Management -- Association for Information Management Professionals (ARMA).