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INDEPENDENT SECTOR: SARBANES-OXLEY IMPLICATIONS FOR NONPROFITS

  
  
  
  

The Independent Sector featured a great article on SOX:

Response to Dale Halling about how Sarbanes-Oxley is a Waste

  
  
  
  

Dale Halling wrote this comment on one of my articles: 

SOX 404 Reprieve: Financial regulation plan fails first Senate test

  
  
  
  

There is a great article on MSNBC.com regarding the potential Sarbanes-Oxley Section 404(b) reprieve:

WEBCPA: Continuous Auditing Is Possible (Really)

  
  
  
  

Jeff Reibel published a great article on SOX and the fact that continuous auditing is possible. This is true, and a great way to keep your company running smoothly. Below is an excerpt from his article: 

WEBCPA: Groups Ask Senate Not to Weaken SOX

  
  
  
  

Certain groups have been asking the Senate not to weaken SOX by exempting smaller public companies permanently from SOX external audit requirements. 
WEBCPA published a great update on this issue:
“We urge you to maintain the benefits of Section 404 to investors in all public companies,” the letter concluded."
Read the article in full here.

SOX: Non-Accelerated Filer 404(b) Reprieve: Vote Expected this Week

  
  
  
  
Obama

Although the vote to include the amendment for the non-accelerated filer, Sarbanes-Oxley Section 404(b) permanent reprieve in the H.R.4173 - Wall Street Reform and Consumer Protection Act of 2009 failed in the Senate, the final vote on the Wall Street Reform Act is schedule for as early as this week.  

Dodd's Bill: How does Sarbanes Oxley Act co-author view it?

  
  
  
  

MoneyControl.com has a great article, interview and video with Chris Dodd, Chairman, US Senate Banking Committee.
Here, Chris Dodd explains the regulatory overhauls the United States will undergo in the coming months and years:

SOX 404(b) Reprieve Update: Senator Richard Shelby Won't Sign Bill

  
  
  
  
Obama - Internal Controls Debate

Sarbanes-Oxley 404(b) Reprieve Update: Listen and watch these great video interviews by Meet the Press with Senator Dodd and Senator Shelby about the H.R.4173 - Wall Street Reform and Consumer Protection Act of 2009 via this link: 

Green Tech Open Position: Our Client is in need of a Controller

  
  
  
  

Everyone:

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Will Internal Controls be Weakened by Codification?

  
  
  
  

"Could Codification Weaken Internal Controls?  Maybe.  And here's what you can do to mitigate the effect on your accounting policies, disclosures, and error detection.

Annual Sarbanes-Oxley Controls Testing >$15K for 80 Controls?

  
  
  
  

I hear stories daily about people who are paying incredible amounts of money to have a third-party implement their internal control infrastructure and then test their internal controls on an annual basis.

Non-Accelerated Filer 404(b) Reprieve Fails in the Senate

  
  
  
  
404

The requirement for non-accelerated filers to comply with Section 404(b) may in fact kick in this year after all. It is currently scheduled to become effective for non-accelerated filers on June 15, 2010.

Vibato Wins iMergent's Sarbanes-Oxley Compliance Work!

  
  
  
  
iMergent

We are again delighted to announce yet another new client!  We have the pleasure of winning iMergent's Sarbanes-Oxley compliance work using our SOX Compliance Made Simple® product suite.  iMergent came to us as a referral from our friends at Tatum, LLC.  We are very eager to get started!

Vibato is Hiring! Sarbanes-Oxley Tester Needed (Petaluma)

  
  
  
  

Vibato, LLC, the only provider of the fixed-price, best-practice, modular approach to meeting Sarbanes-Oxley (SOX) and SAS-related compliance requirements, is hiring! We are a rapidly growing software and services business with a large portfolio of clients located all over the world. We are in need of an experienced Sarbanes-Oxley tester to join our team to help service our wonderful clients! 

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