Radian Compliance Management Services

Latest SOX News

Here are the recent headlines (and links) we felt newsworthy:

Senate rejects Sarbanes-Oxley change - Republicans attempted to make compliance optional for companies with a market value of less than $700 million.

US official sees Sarbanes-Oxley standoff resolved - By a vote of 62-35, the Senate set aside an amendment to make compliance with Sarbanes-Oxley’s Section 404 optional for companies with total market value of less than $700 million.

SECOND-YEAR IMPLEMENTATION OF AUDITING STANDARD NO. 2 - REPORT

European Cos. Exit U.S. Exchanges - European companies are already signaling their intent to take advantage of a pending change in rules that will let them easily cancel U.S. stock listings and escape the regulatory constraints of the Securities and Exchange Commission and the Sarbanes-Oxley Act.

Apple ex-CFO links Jobs to backdated options - Apple Inc.’s former finance chief said on Tuesday he relied on Chief Executive Steve Jobs in the handling of backdated stock options, putting the spotlight on the company’s co-founder in the scandal.

Scrushy Settles SEC Suit for $81M - Fired HealthSouth Corp. Chief Executive Richard Scrushy agreed to pay $81 million to settle a lawsuit filed by the Securities and Exchange Commission blaming him for a $2.7 billion accounting fraud at heath care services company.

In Rare Move, Auditor Sues Client - "Fannie Mae repeatedly, systematically and intentionally misled KPMG," the audit firm alleges in a countersuit.

Fraudster Kicks Enron While It’s Down - A former Enron executive will serve 63 months in prison without parole for submitting false invoices for consulting work - several years after the company filed for bankruptcy.

Compliance Officer Charged as Insider - More than 50 illegal trades in Amkor Technology stock and options were allegedly executed by the person responsible for administering Amkor’s blackout periods, according to the SEC.

Posted in Sarbanes Oxley | No Comments »

9 Hot Consumer Technologies You Can’t Ignore

Like it or not, these much-discussed technologies are going to have a significant impact on your IT department.

April 20, 2007 — CIO — Like it or not, you live in the era of the "shadow IT department." Consumer tools and toys have attached themselves to your corporate infrastructure, usually without your knowledge and consent. Sometimes the connection is physical, such as iPods being used as portable storage devices for work documents. Sometimes the connection is emotional ("Why can’t our e-mail system be as simple to use as Gmail?"). Either way, you feel the impact in the form of security problems, support issues and user frustration. And the situation is only going to get more intense as consumers become increasingly attached to their personal technologies and their perceptions of how technology should work.

So we thought it would be fun to put together a mini rogue’s gallery of technologies worth noting for their potential to affect the lives of IT workers everywhere. We’re sure that we missed a few, so feel free to add your own suggestions to the comments below. Consider this an early warning system.  READ MORE of this Article  >>

Posted in Risk Management | No Comments »

WP: 5 Steps to Successful IT Consolidation

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