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Delivering integrated, cost-effective tools for establishing, documenting, and maintaining Internal Controls around financial reporting is our passion and focus. The goal of our blog is to keep our readers informed on related industry trends, legislative activities, and specific events. We focus on Sarbanes-Oxley and SAS-related compliance topics for public and private companies and provide our own perspective to assist our clients, partners, and readers with making informed decisions about their compliance needs and strategies. We would appreciate your feedback on our blog posts and welcome open discussion on any topics we cover or that our readers would like to discuss.

--Teresa Bockwoldt, CIO & Founder 

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Insurance Companies will be subjected to SOX-like Standards in 2010

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The National Association of Insurance Commissioners (NAIC - the organization of state insurance regulators for all 50 of the United States, Washington DC, and five US territories) adopted the Model Audit Rule (MAR). The MAR rules are very similar to the SOX/404 rules and become applicable in 2010. I recently commented on an article about this topic from Insurance and Technology blog by Don Goodenow, StoneRiver. Read the article and my comments here.

By Teresa Bockwoldt MBA, MST

CEO and Co-Founder of Vibato®, LLC

tbockwoldt@vibato.com

Office: 415.240.4867 | Mobile: 707.477.0008 | Fax: 888.407.7725

 

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