Product Description

You may not believe that there’s a fun and easy way to comply with Sarbanes –Oxley, but once you have Sarbanes–Oxley For Dummies, Second Edition in front of you, you’re sure to change your mind. This friendly guide gets you quickly up to speed with the latest SOX legislation and shows you safe and effective ways to reduce compliance costs.

In plain English, this completely reliable handbook walks you through the new and revised SOX laws, introduces compliance strategies for changed and unchanged guidelines, and gives you an effective framework for implementation You’ll find out how to create an efficient audit committee, purchase and use SOX software solutions, and make practical, cost–effective decisions in your initial compliance year and beyond. You’ll also find proven strategies for staying public or going private and learn how to deal with all those SOX forms. Discover how to:

• Establish SOX standards for IT professionals
• Minimize compliance costs in every area of your company
• Survive a section 404 audit
• Avoid litigation under SOX
• Anticipate future rules and trends
• Create a post–SOX paper trail
• Bolster your company’s standing and reputation
• Work with SOX in a small business
• Meet new SOX standards
• Build a board that can’t be bought
• Comply with all SOX management mandates

Complete with invaluable tips on how to form an effective audit committee, Sarbanes–Oxley For Dummies is the resource you need to keep your SOX clean.

Product Details

• Amazon Sales Rank: #43805 in Books
• Published on: 2008-02-22
• Original language: English
• Number of items: 1
• Binding: Paperback
• 384 pages

From the Back Cover
Includes SOX forms and privatization guidelines

The fun and easy way to comply with the law and maintain your credibility

Need to be Sarbanes–Oxley savvy? This plain–English guide walks you through the new and revised laws — as well as compliance strategies for changed and unchanged guidelines — and gives you an effective framework for implementation. You′ll create an efficient audit committee, purchase and use SOX software solutions, and make practical, cost–effective decisions in your initial compliance year and beyond.

Discover how to:

• Establish SOX standards for IT professionals

• Minimize compliance costs in every area of your company

• Survive a Section 404 audit

• Avoid litigation under SOX

• Anticipate future rules and trends

About the Author
Jill Gilbert Welytok, JD, CPA, LLM, practices in the areas of corporate, nonprofit law, and intellectual property. She is the founder of Absolute Technology Law Group, LLC (www.abtechlaw.com). She went to law school at DePaul University in Chicago, where she was on the Law Review, and she picked up a Masters Degree in Computer Science from Marquette University in Wisconsin, where she now lives. Ms. Welytok also has an LLM in Taxation from DePaul. She was formerly a tax consultant with the predecessor firm to Ernst & Young. She frequently speaks on nonprofit, corporate governance, and taxation issues and will probably come speak to your company or organization if you invite her. You may e–mail her with questions you have about Sarbanes–Oxley or anything else in this book at jwelytok@abtechlaw.com. You can find updates to this book and ongoing information about SOX developments at the author’s Web site, located at www.abtechlaw.com.

Customer Reviews

Dummy or no Dummy
I wouldn't say the first few chapters were boring, but they were informative, but just not relevant for my career, but its no bad thing to have some of the background to SOX because it cements in your mind why this particular legislation was passed by the US which infact has global implications.

I was more interested from the IT techie standpoint, and Chapters 12 to 17 I felt were most relevant for me. It does explain in non-accountancy terms, in non-lawyer terms all you will need to know about SOX and how to move forward with it in your organisation.

Maybe too much emphasis was put on the history of it, I usually only see a small chapter on how a framework is introduced, but the author seems to be more of a lawyer than a techie.

You'll also notice inside this book and when you tear SOX apart that there is no wrong or right way to go about interpreting SOX's different sections for real-life, especially for IS/IT, there is the COSO framework that the SEC refers to, but no real 'meat on the bones' to get you started. It will come no doubt, especially in light of other financial scandals that have been highlighted in 2008/09.

Buy the book if you are involved in SOX, its easy reading for the minions you will pass the book onto or teach, and its easy reading for the top management people. If you need the 'meat on the bones' suggest you look at the hundreds of legislation papers that came out of the Senate.