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Thursday, December 5, 2013

Sarbanes-oxley

The major things that IT managers get out fill to do otherwise when be pay backs wide utilizeed and effectiveINTRODUCTIONThe Sabarnes -Oxley Act was the response to the Enron and Arthur Andersen scandal . The follow presented glaringly pecuniary narrations that did not show the true income in its income dictation and labyrinthian sense sheets . There many other companies that had the same lay on the line as the Enron debacle . This displace gives the token(prenominal) requirements that a come with should implement in to present a more(prenominal) nifty ( 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 phoner in the comp liance of the minimum requirements of the Sabarnes -Oxley ActBODYThe Information technology managers should other than do major things when the Sarbanes - Oxley Act becomes overflowingy implements and effective filiation , the Information applied science managers should improve or strengthen the implicit in(p) bail within the company . Second , The education engine room managers should improve the maintenance activities . So that the software program programs will not be easily corrupted or give with virus . Third , the software should replace its best estimates constitution in recording of effortless business transactions to a divulge the true in the meeting , collecting and recital of entropyFirst , the information technology managers should improve or strengthen the inhering security within the company . The people who use the computers should have passwords . in like manner , only authorized strength are allowed in the buildings where subtle informatio n is keptSecond , The information Technology! managers should improve the maintenance activities . And , the software programs will not be easily corrupted or infected with virusAnti -virus software embarrass Norton Anti- virus and others .
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Also firewalls should be set up to wad 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 policy in recording of daily business transactions to more accurate in the gathering , collecting and interpretation of data Russ Banham (2005 ) utter that it the trend is no longer to present monetary statements such as the balance sheet and income statements Now , there strong pressures to produce financials statements that are more accurate with the care 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 relation back to the accuracy of all assets that will go to as guidelines onthe trickery of punishments on captain Executive Officers and Chief financial officersFor , the Sarbanes -Oxley act has placed greater emphasis on the economic observe of businesses intangible assets of all kinds . Thus , accuracy through the military service 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 steps to hasten the implementation of... If you want to excite a full essay, order it on our ! website: OrderCustomPaper.com

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