From our friends at Burr, Pilger, Mayer:
Michael Koss: Sarbanes-Oxley is a Waste ($31MM in Fraud Later...)
Great article from my dear friend and mentor Clark Keeler at Burr, Pilger, Mayer:
PCAOB Proposes Auditing Standard on Communications with Audit Committees, Amendments to PCAOB Interim Standards
PCAOB Alert!
Vibato Wins ZBB Energy's Sarbanes-Oxley Compliance Work!
We are again delighted to announce yet another client win for our SOX Compliance Made Simple® product suite! Vibato won ZBB Energy on 3/26/2010 and we are very excited to get started on this great client!
Tags: Vibato Success Stories
Vibato Wins Pizza Inn, Inc's Sarbanes-Oxley Compliance Work!
Vibato is delighted to announce that Pizza Inn, Inc has selected us to assist them with their Sarbanes-Oxley / internal controls implementation! We look forward to working with this great client!
Tags: Vibato Success Stories
After much thought and reflection, I have decided to step down as CEO of Vibato, LLC and instead, I have been appointed to CIO. I feel this change will allow me to focus on doing what I love to do best; helping our clients meet their day-to-day compliance needs and enhancing our product line rather than focusing on Vibato's business needs. Bill Bockwoldt has taken the helm and in all truthfulness, he has been performing CEO activities for a long time. We all feel this change will allow Vibato to get to the next level in our business efforts and allow us to provide even greater customer support than we already do. Please join me in congratulating Bill on this well earned promotion!
Tags: Vibato
Senate Meeting on 404(b) Inclusion Happening Now - Listen here
The Senate is meeting right now that could cause the inclusion or exclusion of Section 404(b) from the omnibus financial reform bill (H.R. 4173) or the "Wall Street Reform and Consumer Protection Act of 2009."
Draft Bill Before the Senate DOES NOT INCLUDE 404(b) Delay?
The omnibus financial reform bill (H.R. 4173) or the "Wall Street Reform and Consumer Protection Act of 2009" was passed by the House of Representatives via a vote of 223-202 on December 11, 2009. This bill would seek to permanently grant a 404(b) reprieve for non-accelerated filers (those with a market capitalization below $75 million). The bill must now be passed by the Senate to be put into law and their vote has yet to be scheduled. As it stands now, non-accelerated filers must comply with 404(b) by June 15, 2010; 404(a) has been in effect since 2007 and is not in debate.
Vibato Wins a Software Client for a Segregation of Duties Analysis!
Vibato is delighted to announce that Callidus Software has selected us to perform their Segregation of Duties Analysis using our SOX Compliance Made Simple® product suite! View our Segregation of Duties Analysis via this link. We look forward to working with this great client!
Internal Controls/Procedures Sub Certification Available in Mandarin
We are delighted to start offering our SOX Compliance Made Simple® Toolset in other languages. To start with, we have a nice Section 404, sub-certification sheet available for free download with registration. Here is a sample of what it looks like:
Vibato Wins 2 More Locations in China for Sarbanes-Oxley Compliance!
Vibato is delighted to announce that we will be implementing our SOX Basic® product at two more facilities in Shanghai, China for Worldwide Manufacturing USA, Inc. This will allow me to stay in China for another week to complete the implementations. As many of you know, our implementations are very quick; less than 1 day per location. I will be staying an additional day at each location to gather testing evidence and then leaving to come back to the states on 3/19.
Vibato wins another non-accelerated filer for SOX compliance
Vibato is delighted to announce the win of Magnum d'Or Resources Inc. for Sarbanes-Oxley Compliance. Magnum d'Or Resources came to us as a referral from our friends at MantylaMCREYNOLDS LLC in Salt Lake City, Utah. We are excited to get started at this great company!
Tags: Vibato Success Stories
Small Non-Accelerated Filers Now Have a Cost-Effective Option for Sarbanes-Oxley, Section 404(b) Compliance
Tags: Compliance tools, Vibato Products, SOX Basic®, Sarbanes-Oxley Training, compliance, Sarbanes-Oxley
Sarbanes-Oxley Compliance for Non-Accelerated Filers: The Clock is Ticking!
The Clock is Ticking!
Tags: Non-accelerated filer 404(b) information, Sarbanes-Oxley
Functioning internal controls = cleaner financials and less rework which is not value added. I'm not the only person saying this...
IPO's up by over 45% in 2010...largely because of Sarbanes-Oxley!?!?
February 18, 2010
Vibato Releases SOX Basic® for Small Companies
Vibato, a provider of Sarbanes-Oxley and SAS-related compliance solutions, has announced the release of SOX BASIC for small companies, delivering a size-specific SOX implementation to smaller reporting companies in just one day.
China is going great. Shanghai is FREEZING cold right now but not snowing.
Auditing Firms: Want to audit public companies? Not so fast...
The PCAOB rejected an application from Price & Gartrell, P.C. to become a public accounting company. The reason for the rejection is as follows:
Vibato wins HIPAA implementation with national insurance firm
Vibato is delighted to announce the win of a full HIPAA implementation with a national insurance firm who specializes in the following products & services:
Tags: Announcements
Supreme Court to find Sarbanes-Oxley Unconstitutional? Mike Oxley says no.
Michael Oxley, co-author of the Sarbanes-Oxley Act of 2002, was questioned on whether or not he believed the Supreme Court would find Sarbox unconstitutional. The Supreme Court is currently reviewing the legislation for constitutionality. An auditor from Nevada claims the Public Companies Accounting Oversight Board or PCAOB, put him out of business. He then filed a lawsuit claiming the PCAOB and the legislation is unconstitutional and the case has escalated to the Supreme Court.
I will be in Sacramento on Friday, 3/5, taking meetings. I am available at 707-477-0008 in the event someone would like to meet.
Tags: Vibato on the Move!
I will be in in Shanghai from 3/6 - 3/13 and then and Shenzhen, China from 3/13- 3/19 taking meetings. I will be reachable at tbockwoldt@vibato.com. I will also be reachable through Andrew Wilson at 510-910-1604 or Bill Bockwoldt at 707-789-9988.
Tags: Vibato on the Move!
Michael Fung, our Senior Technical Developer and I will be in San Diego tomorrow, 3/3, taking meetings. We are reachable at 707-477-0008 in the event someone would like to meet up.
Tags: Vibato on the Move!