Yes, you are abolutely right. My client company is already working on it for
compliance although I am not a part of task team. We were informed about it
this week.
Regards Rafiq
From: Jared.Still@xxxxxxxxxxx Reply-To: oracle-l@xxxxxxxxxxxxx To: oracle-l@xxxxxxxxxxxxx Subject: Re: Oracle 911 Article/Sarbanes Oxley Date: Sun, 7 Mar 2004 10:29:19 -0800
It is legislation enacted in the US in 2002 that requires public companies with capitalization of 75M+ to actually be able to ( gasp!) make an case for the accuracy of their financial records.
There are provisions in SOA to send the CEO and/or CFO to prison should hanky panky with the books lead to a fleecing of investors.
"Nuno Souto" <dbvision@xxxxxxxxxxxxxxx> Sent by: oracle-l-bounce@xxxxxxxxxxxxx 03/05/2004 10:29 PM Please respond to oracle-l
To: <oracle-l@xxxxxxxxxxxxx> cc: Subject: Re: Oracle 911 Article/Sarbanes Oxley
Cheers Nuno Souto in sunny Sydney, Australia dbvision@xxxxxxxxxxxxxxx ----- Original Message ----- From: "M Rafiq" <rafiq9857@xxxxxxxxxxx> To: <oracle-l@xxxxxxxxxxxxx> Sent: Saturday, March 06, 2004 8:55 AM Subject: RE: Oracle 911 Article/Sarbanes Oxley
> Jared, > > So your compnay is also becoming victim of 'Sarbanes Oxley'. My client > company has to implement it by end of 2004.
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