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Sarbanes-Oxley for Dummies
 
 

Sarbanes-Oxley for Dummies (Paperback)

by Jill Gilbert Welytok JD CPA (Author) "In response to a loss of confidence among American investors reminiscent of the Great Depression, President George W. Bush signed the Sarbanes-Oxley Act into law..." (more)
3.0 out of 5 stars See all reviews (1 customer review)

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Product details

  • Paperback: 384 pages
  • Publisher: John Wiley & Sons; illustrated edition edition (24 Feb 2006)
  • Language English
  • ISBN-10: 0471768464
  • ISBN-13: 978-0471768463
  • Product Dimensions: 23.4 x 18.3 x 2.3 cm
  • Average Customer Review: 3.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 321,557 in Books (See Bestsellers in Books)
  • See Complete Table of Contents

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Product Description

Review
"...an informative read..." (Accounting Technician, May 2006)

Product Description
Whether you’re a CEO or a file clerk, it’s important to understand Sarbanes–Oxley, the post–Enron legislation aimed at keeping corporations honest and ethical. However, with over eighty pages of dense, wordy language in the statute and thousands of pages of related congressional hearings, getting a firm grip of SOX can fluster even the most well–informed businessperson.

Sarbanes–Oxley For Dummies is the no–nonsense, plain–English guide to this new law that leads you through its rules and pronouncements, giving you a sense of how to anticipate future trends and traps in this area of the law. With this trusty book, you’ll get a handle on the important aspects of the legislation, how it affects you and your company, and how companies can comply more cost–effectively. It provides you with the knowledge to:

  • Understand why SOX was created
  • Determine what aspects of SOX apply to your company
  • Develop meaningful standards for your company
  • Institute cost–effective compliance with SOX
  • Manage and streamline Section 404 compliance
  • Find specific SEC laws and pronouncements
  • Interpret media accounts, court cases, and economic projections
  • Avoid lawsuits and regulatory actions
  • Anticipate future SEC rules and PCAOB pronouncements

This book also shows you how to build an effective audit committee and makes suggestions on sensible precautions that every manager should take in order to avoid legal troubles. Complete with the entire Sarbanes–Oxley act and sample documents, Sarbanes–Oxley For Dummies helps you discover how to follow the law and protect your business.

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Inside This Book (Learn More)
First Sentence
In response to a loss of confidence among American investors reminiscent of the Great Depression, President George W. Bush signed the Sarbanes-Oxley Act into law on July 30, 2002. Read the first page
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Most Helpful Customer Reviews

 
3.0 out of 5 stars Dummy or no Dummy, 18 Mar 2009
By M. Michael "mollym" (London, UK) - See all my reviews
(REAL NAME)   
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.
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