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Journals / International Journal of Business and Management Studies / 2011 / Cilt: 3 Sayı: 1

THE FINANCIAL, CONTROLLING AND IT ASPECTS OF THE SARBANES-OXLEY ACT

Zoltán ZÖRÖG
Kornélia Nagymihály FİCZERE
Eszter BAKOS-TÓTH
Pages
431–441
Publication Date
2011-06-01
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The 2010 survey of Protiviti assesses that firms successfully accomplish the prescriptions of the Sarbanes-Oxley Act and make positive statements regarding the effects of the law.

📌 3 Key Takeaways

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Objective & Hypothesis:There is a constant need for controlling the efficiency and reliability of a function as well as financial statements.
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Key Findings & Data:As an answer to the new challenges several countries created legal guidance concerning the internal checking systems: an example of these is the SarbanesOxley Act in the USA in 2002.
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Conclusion & Impact:The 2010 survey of Protiviti assesses that firms successfully accomplish the prescriptions of the Sarbanes-Oxley Act and make positive statements regarding the effects of the law.
🔬Design:Survey & Empirical Study
📍Scope:2002 Verileri
⚙️Variables:risk prevention · internal controlling · finance

Abstract

There is a constant need for controlling the efficiency and reliability of a function as well as financial statements. Establishing an IT support serves the interests of investors and employees, as well. As an answer to the new challenges several countries created legal guidance concerning the internal checking systems: an example of these is the SarbanesOxley Act in the USA in 2002. We studied the 302nd and the 404th section of the Sarbanes-Oxley Act. The findings show that purchasing an integrated programme especially by developed small enterprises will be unavoidable. The 2010 survey of Protiviti assesses that firms successfully accomplish the prescriptions of the Sarbanes-Oxley Act and make positive statements regarding the effects of the law.

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Cite This Article

ZÖRÖG, Z., FİCZERE, K. N., BAKOS-TÓTH, E. (2011). THE FINANCIAL, CONTROLLING AND IT ASPECTS OF THE SARBANES-OXLEY ACT. International Journal of Business and Management Studies, Cilt: 3 Sayı: 1, 431–441. https://ajindex.com/articles/993403

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References (4)

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