Big4Guy

Confessions, Thoughts, Observations and Musings of a Big4Guy

Big4Guy

Welcome to Big4Guy.com. Big4Guy is an online resource where I will share with you the latest news, insights, knowledge and some experiences as a Big 4 consultant. We will discuss some of the important issues which organisations are facing today in the areas of information security, security and controls in SAP R/3, Oracle Applications, J.D.Edwards, Peoplesoft and various other ERP's. You will also find information on latest complaince regulations like Sarbanes Oxley, Basel II and so on. Big4guy will also attempt to provide valuable resources for individuals interested in examinations the CISA, CISM, CISSP, PMP and various other security certifications considered essential for entry in any Big 4 accounting, auditing and consulting firms. You are invited to post your comments and viewpoints to posts here. I sincerely hope this online journal will be useful to everyone from a budding student to a professional in the accounting, auditing, management and consultancy professions.

Post details: Section 101 of Sarbanes Oxley Act - PCAOB Establishment & Administrative Provisions

11/11/05

11:47:37 pm, Categories: Sarbanes Oxley, 81 words

Section 101 of Sarbanes Oxley Act - PCAOB Establishment & Administrative Provisions

Section 101 of the Sarbanes Oxley (SOX) Act of 2002, establishes an independent and non-governemental board to be called the "Public Company Accounting Oversight Board" PCAOB to oversee the audit of public companies.

The board PCAOB shall at all times protect the interest of all stakeholders & investors. The board has been established with the objective to inspire investor confidence in the audit reports of public companies. Such confidence can arise only from an independent audit report which the investors can rely on.