Re: Oracle 911 Article/Sarbanes Oxley

  • From: "M Rafiq" <rafiq9857@xxxxxxxxxxx>
  • To: oracle-l@xxxxxxxxxxxxx
  • Date: Sun, 07 Mar 2004 14:09:56 -0500

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

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.

Jared

Former Enron Employee






"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


Gawds! Another damagement fad...


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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