Add You
#1 in Business Subscribe Email Print

You are here: Home > Legal > Regulatory Compliance > Sarbanes Oxley - IT Professionals and IT Consulting Scope of Work

Tags

  • happens
  • there
  • words terms
  • accounting cycle
  • inventory general

  • Links

  • Which Personal Skills Do You Need to Start a Work at Home Business
  • The Moderation Myth
  • Lawsuit Financing: A Viable Option for Those Struggling to Pursue Justice
  • Add You - Sarbanes Oxley - IT Professionals and IT Consulting Scope of Work

    3 Simple and Highly Effective Ways to Build a Profitable Email List
    Ask any internet marketer worth asking and they will tell you that the money is in the list, email list that is.You have probably also read of online marketers making a small fortune from their own lists of eager subscribers. Sounds like it's simply a case of buying a list or building it through web traffic and then cash in through sending a series of emails. This is frankly not the case!ed? By whom? Where are the Audit Trails? And so on.

    From the previous paragraph, it's very clear what tasks need to be performed on your part. Demonstrate this competency convincingly, and the job is yours. Your ability in identifying internal and external risks in the computing process is a valuable asset that all SOX implementation teams require. It is so difficult to find individuals who are suitably skilled in Finance and Information Technology, so this is your

    Duplication and Change in Internet Marketing
    You have just launched a new internet business and are trying to get it off the ground with an amazing advertising campaign, except that it turns out to be not so successful. Most people want a return on their investment, but when they put money into something big, they expect immediate results, only to discover that they have nothing but an empty wallet and deflated confidence in themselves and
    Because the Sarbanes Oxley Act is so focused on the finance aspect of businesses, the IT consultant is often left wondering if there is any scope of SOX implementation work that requires the services of IT professionals.

    In this article, I will briefly outline how the IT professional can make significant contributions to a SOX compliance project, and how you can go about searching for SOX-related jobs and expand your IT career in that direction.

    First things first. SOX is all about internal controls over financial reporting. And we know that a high percentage of, if not all, financial data is stored, processed and managed by various computerized financial systems. Here is where the IT professional who has a strong background in computer security and information technology system controls coupled with an adequate understanding and appreciation of accounting will get a head start in landing that SOX job.

    In other words, terms such as Inventory, General Ledger, Debits, Credits, the Accounting Cycle should not intimidate you. You will be the individual who has intimate knowledge of the workings of the financial applications system. And you had better be good at communicating with the relevant accounting officers, internal and external auditors when it comes to dissecting the control measures currently in place and how to improve upon them or maintain the status quo.

    Let's take an example of the sales process. A sale transaction is entered into the system. Are you able to identify the points in the system that authenticates the user and only allows those with the necessary privileges to enter the transaction? Do you know what happens next? What tables are updated? Are you competent enough to produce a trace file showing the logging of the transaction itself, and the relevant updates to debits and credits in the correct accounts? Can transactions be modified? By whom? Where are the Audit Trails? And so on.

    From the previous paragraph, it's very clear what tasks need to be performed on your part. Demonstrate this competency convincingly, and the job is yours. Your ability in identifying internal and external risks in the computing process is a valuable asset that all SOX implementation teams require. It is so difficult to find individuals who are suitably skilled in Finance and Information Technology, so this is your o

    Enjoy The Thrill Of Being Your Own Boss
    You are an MBA with over ten years of experience behind you. You have dedicated about half of your life to your company and suddenly one day your company decides that you are too old for the job and sends you packing. So what do you do? Start leading a retired life? No! You know you still have within you the drive to succeed. So why not start your own business and give your company some tough comp
    irst. SOX is all about internal controls over financial reporting. And we know that a high percentage of, if not all, financial data is stored, processed and managed by various computerized financial systems. Here is where the IT professional who has a strong background in computer security and information technology system controls coupled with an adequate understanding and appreciation of accounting will get a head start in landing that SOX job.

    In other words, terms such as Inventory, General Ledger, Debits, Credits, the Accounting Cycle should not intimidate you. You will be the individual who has intimate knowledge of the workings of the financial applications system. And you had better be good at communicating with the relevant accounting officers, internal and external auditors when it comes to dissecting the control measures currently in place and how to improve upon them or maintain the status quo.

    Let's take an example of the sales process. A sale transaction is entered into the system. Are you able to identify the points in the system that authenticates the user and only allows those with the necessary privileges to enter the transaction? Do you know what happens next? What tables are updated? Are you competent enough to produce a trace file showing the logging of the transaction itself, and the relevant updates to debits and credits in the correct accounts? Can transactions be modified? By whom? Where are the Audit Trails? And so on.

    From the previous paragraph, it's very clear what tasks need to be performed on your part. Demonstrate this competency convincingly, and the job is yours. Your ability in identifying internal and external risks in the computing process is a valuable asset that all SOX implementation teams require. It is so difficult to find individuals who are suitably skilled in Finance and Information Technology, so this is your

    Usability And Interface Design In Elearning
    Usability and interface design, as blanket terms, need to be defined before exploring their meanings in the elearning context. Usability is a term used to denote the ease with which people can employ a particular tool in order to achieve a particular goal. The extent to which an object is easily usable by the users determines the usability of that object. If a user can easily speak to somebody or
    ms such as Inventory, General Ledger, Debits, Credits, the Accounting Cycle should not intimidate you. You will be the individual who has intimate knowledge of the workings of the financial applications system. And you had better be good at communicating with the relevant accounting officers, internal and external auditors when it comes to dissecting the control measures currently in place and how to improve upon them or maintain the status quo.

    Let's take an example of the sales process. A sale transaction is entered into the system. Are you able to identify the points in the system that authenticates the user and only allows those with the necessary privileges to enter the transaction? Do you know what happens next? What tables are updated? Are you competent enough to produce a trace file showing the logging of the transaction itself, and the relevant updates to debits and credits in the correct accounts? Can transactions be modified? By whom? Where are the Audit Trails? And so on.

    From the previous paragraph, it's very clear what tasks need to be performed on your part. Demonstrate this competency convincingly, and the job is yours. Your ability in identifying internal and external risks in the computing process is a valuable asset that all SOX implementation teams require. It is so difficult to find individuals who are suitably skilled in Finance and Information Technology, so this is your

    Affiliate Marketing For Beginners: Where To Start On The Road To Success
    The hardest part of succeeding in affiliate marketing is knowing where to start. Wading through the pages and pages of information on the net can often be an incredibly frustrating experience for anyone new to the world of affiliate marketing. Does the list below sound like you? 1. You want to make some money! 2. You know that others make a lot of money as an affiliate. 3. Y
    e of the sales process. A sale transaction is entered into the system. Are you able to identify the points in the system that authenticates the user and only allows those with the necessary privileges to enter the transaction? Do you know what happens next? What tables are updated? Are you competent enough to produce a trace file showing the logging of the transaction itself, and the relevant updates to debits and credits in the correct accounts? Can transactions be modified? By whom? Where are the Audit Trails? And so on.

    From the previous paragraph, it's very clear what tasks need to be performed on your part. Demonstrate this competency convincingly, and the job is yours. Your ability in identifying internal and external risks in the computing process is a valuable asset that all SOX implementation teams require. It is so difficult to find individuals who are suitably skilled in Finance and Information Technology, so this is your

    Mortgage Refinancing - Important Factors to Consider
    Nowadays, refinancing one's mortgage is an extremely attractive option for homeowners with big loans to pay off. Simply put, mortgage refinancing means you'll take out a new loan to pay off your current mortgage, and this new loan actually has lower interest rates than your previous one, which therefore results in lower monthly payments. This fact alone is already a major selling point for many pe
    ed? By whom? Where are the Audit Trails? And so on.

    From the previous paragraph, it's very clear what tasks need to be performed on your part. Demonstrate this competency convincingly, and the job is yours. Your ability in identifying internal and external risks in the computing process is a valuable asset that all SOX implementation teams require. It is so difficult to find individuals who are suitably skilled in Finance and Information Technology, so this is your opportunity to break into the market. Competition for such job roles is surely there, but supply is limited.

    We now come to how you can search for job openings. Go to Dice.com and search for the keyword "SOX" - it's that simple. Dice.com is generally more effective than Monster.com because of its focus on tech-related opportunities. If you want a job which is more specific, then try to add keywords such as "compliance" or "IT governance" or "implementation".

    In conclusion, there are all kinds of IT professionals, of which the SOX type is only one of them. Are you the one? Answer yes if you have an interest in business processes and finance matters. One more thing - SOX implementations involve a lot of back and forth communications between various parties, so make sure you are up to that task too.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.addyou.info/article/131227/addyou-Sarbanes-Oxley--IT-Professionals-and-IT-Consulting-Scope-of-Work.html">Sarbanes Oxley - IT Professionals and IT Consulting Scope of Work</a>

    BB link (for phorums):
    [url=http://www.addyou.info/article/131227/addyou-Sarbanes-Oxley--IT-Professionals-and-IT-Consulting-Scope-of-Work.html]Sarbanes Oxley - IT Professionals and IT Consulting Scope of Work[/url]

    Related Articles:

    How To Land A Top Sales Or Marketing Job

    Mortgage Leads, Get Your Customer Talking

    Root Keywords Are Key To SEO Efforts

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com