Vibato at the Rodman & Renshaw Annual Global Investment Conference

Posted by Teresa Bockwoldton September 12, 2010

Vibato is currently attending the Rodman & Renshaw Annual Global Investment Conference, Sept 12 - 15, 2010 and we are taking meetings at the New York Palace Hotel, New York, NY.

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Tags: SOX Compliance Made Simple, Vibato on the Move!

What is the Sarbanes-Oxley Act of 2002?

Posted by Teresa Bockwoldton September 8, 2010

The Sarbanes–Oxley Act of 2002 (Pub.L. 107-204, 116 Stat. 745, enacted July 30, 2002), also known as the 'Public Company Accounting Reform and Investor Protection Act' (in the Senate) and 'Corporate and Auditing Accountability and Responsibility Act' (in the House) and commonly called Sarbanes–Oxley, Sarbox or SOX, is a United States federal law enacted on July 30, 2002. It is named after sponsors U.S. Senator Paul Sarbanes (D-MD) and U.S. Representative Michael G. Oxley (R-OH).

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Tags: Sarbanes-Oxley Articles & Information, Compliance tools, 404, 404 audit, Non-accelerated filer 404(b) information, SOX Compliance Made Simple

Sarbanes-Oxley Compliance: Not Slowing Down!

Posted by Teresa Bockwoldton August 27, 2010

We thought this information would be interesting to our readers.    
As many of you know, since March of this year, I have been in Spain, Italy, all over China (several times), and all over the US implementing Sarbanes-Oxley requirements using our SOX Compliance Made Simple © product with great success.  

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Tags: Non-accelerated filer 404(b) information, SOX Basic®, SOX Compliance Made Simple, Wall Street Reform, Product Information, Sarbanes-Oxley, Compliance in China

VIBATO ACHIEVES 69% CONTROL COUNT REDUCTION FOR IMERGENT

Posted by Teresa Bockwoldton August 15, 2010

One Week Implementation Effort Produced a One-Year ROI

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Tags: Vibato Success Stories, Compliance tools, 404, Vibato Products, 404 audit, audit costs, SOX Compliance Made Simple, Product Information, Clients

"Two Cheers for Sarbanes-Oxley"? Well, we'll see.

Posted by Teresa Bockwoldton July 21, 2010

The article below was sent from a dear friend of mine and fellow SOX enthusiast, Clark Keeler, Director, BPM.  I find the article to have a significant amount of irony considering it claims that "American business people of a conservative nature have been dreaming about driving a stake through the heart of the Sarbanes-Oxley act ever since the legislation was passed..." It would seem to me that if a person was truly fiscally conservative, they would consider Sarbanes-Oxley to be the prudent choice rather than the radical one.  Internal controls require there to be a check point in a business procedure that requires someone other than the preparer of the documentation to verify the accuracy of what was prepared.  This verification prevents someone from acting alone when making decisions about shareholder assets (physical assets, capital, intangible assets, etc). I am of the opinion that this double check adds a necessary layer of review considering the potential for fraud, errors, omissions, etc.  Considering all that we at Vibato, LLC have found when testing internal controls, this is no longer just opinion but rather, fact.  Read more on the article here:

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Tags: Sarbanes-Oxley Articles & Information, Compliance tools, Announcements, 404, 404 audit, audit costs, Non-accelerated filer 404(b) information, SOX Compliance Made Simple, Wall Street Reform, Sarbanes-Oxley Training, Sarbanes-Oxley, external auditing, Sarbanes-Oxley for Non-Profits