Praise for Sarbanes-Oxley Guide for Finance and Information Technology Professionals "Effective SOX programs enlist the entire organization to build and monitor a compliant control environment. However, even the best SOX programs are inefficient at best, ineffective at worst, if there is a lack of informed, competent finance and IT personnel to support the effort. This book provides these important professionals a needed resource for and road map toward successfully implementing their SOX initiative." —Scott Green Chief Administrative Officer, Weil, Gotshal & Manges LLP and author, Sarbanes-Oxley and the Board of Directors
"As a former CFO and CIO, I found this book to be an excellent synopsis of SOX, with impressive implementation summaries and checklists." —Michael P. Cangemi CISA, Editor in Chief, Information Systems Control Journal and author, Managing the Audit Function
"An excellent introduction to the Sarbanes-Oxley Act from the perspective of the financial and IT professionals that are on the front lines of establishing compliance in their organizations. The author walks through many areas by asking 'what can go wrong' types of questions, and then outlines actions that should be taken as well as the consequences of noncompliance. This is a good book to add to one's professional library!" —Robert R. Moeller Author, Sarbanes-Oxley and the New Internal Auditing Rules
"Mr. Anand has compiled a solid overview of the control systems needed for not only accounting systems, but also the information technologies that support those systems. Among the Sarbanes books on the market, his coverage of both topics is unique." —Steven M. Bragg Author, Accounting Best Practices
"An excellent overview of the compliance process. A must-read for anyone who needs to get up to speed quickly with Sarbanes-Oxley." —Jack Martin Publisher, Sarbanes-Oxley Compliance Journal
This comprehensive guide provides a complete methodology for achieving Sarbanes-Oxley compliancy, namely the Sarbanes-Oxley Compliant Key Enterprise Technology (SOCKET) framework. The author is one of the world's leading regulatory compliance experts and Chairperson of the SOX Institute.
In terms of getting things done (and why it needs to be done) this is an excellent book. The SOCKET framework is laid out very clearly and you will find material and PowerPoint friendly bulleted lists covering every aspect of a SOX project (or, more accurately, a process).
Compared to the Manager's Guide to Compliance, the chapters constitute a more coherent narrative with more emphasis on organisational and IT issues. Compared to The Joy of SOX, it provides a generally more detailed coverage (but it is less entertaining). To give an example, the book contains a brilliant mapping between Sections of the Sarbanes-Oxley Act, business processes and affected technologies. Of course, it is not rocket science, but it is great value for money. For the IT professional, it goes beyond the presentation of the usual suspects COSO and COBIT by covering e.g. the ISO 1335 and 17799 standards.
Yet, despite the level of detail, the author manages to keep the momentum as he takes the reader through all the steps of a SOX compliance process in terms of the SOCKET framework. This implies that some important topics have been moved to the Appendices (that includes about 35 pages on COBIT 3 and 4).
One could wish for more examples and templates, but it is apparently easier said than done. (Another book from the same publisher that should provide templates, key processes, and checklists has been postponed until February 2007.) Apparently, Sanjay Anand is currently working on another book Essentials of Sarbanes-Oxley that will include "Tips and Techniques" and "In the Real World" features with realistic advice on compliance. At least until then, the Sarbanes-Oxley Guide is the book to buy.
Product Details :
- Hardcover: 288 pages
- Publisher: Wiley; 2 edition (March 24, 2006)
- Language: English
- ISBN-10: 0471785539
- ISBN-13: 978-0471785538
- Product Dimensions: 1 x 6.1 x 9.1 inches
More Details about Sarbanes-Oxley Guide for Finance and Information Technology Professionals, 2nd Edition
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