{"product_id":"2940012840233","title":"Sarbanes Oxley News, May 2011","description":"Understanding internal controls over financial reporting (ICFR) is very important for the implementation of the new Dodd Frank Act. \u003cbr\u003e\u003cbr\u003eAnd, who really understands internal controls? Yes, Sarbanes Oxley professionals. Absolutely.\u003cbr\u003e\u003cbr\u003eToday we will spend some time to understand the Dodd Frank Act, and the new ICFR environment and requirements.\u003cbr\u003e\u003cbr\u003eSome interesting developments: \u003cbr\u003e\u003cbr\u003eAccording to the Sarbanes-Oxley Act, publicly traded companies cannot punish employees that reveal suspected fraud.\u003cbr\u003e\u003cbr\u003eReveal to whom?\u003cbr\u003eCan you reveal suspected fraud to the media?\u003cbr\u003e\u003cbr\u003eToday we have a clear answer: No, you are not protected if you reveal suspected fraud to the media.\u003cbr\u003e\u003cbr\u003eAccording to the Ninth U.S. Circuit Court of Appeals, you are protected if you speak to federal regulators, Congress or a workplace supervisor - to those with \"the capacity or authority to act effectively on the information\" as Judge Barry Silverman said in the court's ruling. \u003cbr\u003e\u003cbr\u003eLeaks to the media are not protected.\u003cbr\u003e\u003cbr\u003eThe ruling has to do with the well known case of two Boeing Co. auditors who were fired in 2007, after telling a reporter that they were being pressured to deliver favorable reports about the security of Boeing's internal computer software. \u003cbr\u003e\u003cbr\u003eAccording to the Boeing spokesman John Dern, the ruling supported corporate policies that require employees to keep internal information confidential.\u003cbr\u003e\u003cbr\u003eAnother interesting development: \u003cbr\u003e\u003cbr\u003eJames R. Doty has been appointed by the Securities and Exchange Commission as the Chairman of the Public Company Accounting Oversight Board.","brand":"Sarbanes Oxley Compliance Association (SOXCPA)","offers":[{"title":"Default Title","offer_id":47081744040176,"sku":"2940012840233","price":0.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940012840233_p0.jpg?v=1763572895","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940012840233","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}