Isn't that what accounting audits were invented for? Or is that not mandatory Stateside? Here, every public company has to explain why it doesn't need an audit. Small companies get away with it. Big ones blame IT. Cheers Nuno Souto in sunny Sydney, Australia dbvision@xxxxxxxxxxxxxxx ----- Original Message ----- From: <Jared.Still@xxxxxxxxxxx> > The Sarbanes-Oxley Act is not a fad. > > 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. > > IT is very much involved with this. ---------------------------------------------------------------- Please see the official ORACLE-L FAQ: http://www.orafaq.com ---------------------------------------------------------------- To unsubscribe send email to: oracle-l-request@xxxxxxxxxxxxx put 'unsubscribe' in the subject line. -- Archives are at //www.freelists.org/archives/oracle-l/ FAQ is at //www.freelists.org/help/fom-serve/cache/1.html -----------------------------------------------------------------