http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/ Take a walk on the compliance side Wed, 18 Aug 2010 19:07:43 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/comment-page-1/#comment-246857 Business Coach Mon, 14 Jun 2010 14:12:52 +0000 http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/#comment-246857 I really like that information that you wrote. It shows that you really know your stuff. I really like that information that you wrote. It shows that you really know your stuff.

]]> http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/comment-page-1/#comment-1611 Audit Trail Blog Archive » Harvey Pitt: Reflections on SOX’s First Five Years Tue, 24 Jul 2007 20:28:14 +0000 http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/#comment-1611 [...] Harvey L. Pitt, CEO of the global business consulting firm Kalorama Partners, is a former SEC chairman and a current independent board member of Approva Corporation. As SEC chairman from 2001 to 2003, Pitt led the commission’s response to the market disruptions resulting from the terrorist attacks of 9/11 and led the commission’s adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s. [...] [...] Harvey L. Pitt, CEO of the global business consulting firm Kalorama Partners, is a former SEC chairman and a current independent board member of Approva Corporation. As SEC chairman from 2001 to 2003, Pitt led the commission’s response to the market disruptions resulting from the terrorist attacks of 9/11 and led the commission’s adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s. [...]

]]> http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/comment-page-1/#comment-1211 Audit Trail Blog Archive » Building “Reduced Risk of Fraud” Into Your GRC Business Case Fri, 29 Jun 2007 14:23:15 +0000 http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/#comment-1211 [...] June 14, 2007 Reducing the Cost of Compliance Down in the Trenches Posted in: Executive Spotlight with: 3 comments [...] [...] June 14, 2007 Reducing the Cost of Compliance Down in the Trenches Posted in: Executive Spotlight with: 3 comments [...]

]]> http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/comment-page-1/#comment-1199 Audit Trail Blog Archive » Nothing Says “Happy Anniversary SOX” Like Hard Benefits Tue, 26 Jun 2007 16:05:01 +0000 http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/#comment-1199 [...] June 14, 2007 Reducing the Cost of Compliance Down in the Trenches Posted in: Executive Spotlight with: 2 comments [...] [...] June 14, 2007 Reducing the Cost of Compliance Down in the Trenches Posted in: Executive Spotlight with: 2 comments [...]

]]> http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/comment-page-1/#comment-1153 Audit Trail Blog Archive » The SEC Goes Searching for Hard Numbers on SOX Mon, 18 Jun 2007 21:16:40 +0000 http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/#comment-1153 [...] If the SEC is looking for some examples they would do well to give a call to the small company I mentioned in my previous post. They have some hard numbers to share. Better yet, take a look at the results being generated by other companies that have long since adopted automated continuous controls monitoring solutions. [...] [...] If the SEC is looking for some examples they would do well to give a call to the small company I mentioned in my previous post. They have some hard numbers to share. Better yet, take a look at the results being generated by other companies that have long since adopted automated continuous controls monitoring solutions. [...]

]]> http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/comment-page-1/#comment-1135 Audit Trail Blog Archive » Daily News: Some Good News for Small Biz, and Cox as AG? Fri, 15 Jun 2007 13:42:44 +0000 http://www.approva.net/audittrail/2007/06/14/reducing-the-cost-of-compliance-down-in-the-trenches/#comment-1135 [...] We wanted to call attention to a Business Week piece that ran this week. Karen Klein interviewed Jeffry Netter, a prof of finance at the Terry College of Biz, University of Georgia. And, his colleague, James Linck. The bottom line: new guidance which focuses on risk assessment and management SHOULD reduce the burden on small public companies. They acknowledge that outside auditors were nearly forced, under the old system, to assess EVERYTHING. Risk or not. From Linck, “The proposals are directly responsive to the recommendations of an advisory committee that was focused on capital formation and the removal of obstacles that impede the growth of small companies.” We liked this — particularly on the heels of Mike Evans’ piece on Audit Trail yesterday. There is positive movement for small public companies, and hopefully, despite the rhetoric, the tide has turned. [...] [...] We wanted to call attention to a Business Week piece that ran this week. Karen Klein interviewed Jeffry Netter, a prof of finance at the Terry College of Biz, University of Georgia. And, his colleague, James Linck. The bottom line: new guidance which focuses on risk assessment and management SHOULD reduce the burden on small public companies. They acknowledge that outside auditors were nearly forced, under the old system, to assess EVERYTHING. Risk or not. From Linck, “The proposals are directly responsive to the recommendations of an advisory committee that was focused on capital formation and the removal of obstacles that impede the growth of small companies.” We liked this — particularly on the heels of Mike Evans’ piece on Audit Trail yesterday. There is positive movement for small public companies, and hopefully, despite the rhetoric, the tide has turned. [...]

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