From: KnowledgeStorm [customerservice@knowledgestorm.com]

Sent: Thursday, December 04, 2003 2:39 PM

To: dcrews@criteriafirst.com

Subject: Sarbanes-Oxley - Be concerned - Be VERY Concerned

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December 4, 2003

What You Don�t Know About Sarbanes-Oxley Can Hurt You

 

Are you concerned about complying with the Sarbanes-Oxley Act of 2002? You wouldn�t be alone. Studies show that two-thirds of today�s business executives dread this new law and the strict enterprise records and document management practices it calls for.

What is Sarbanes-Oxley?

Sarbanes-Oxley is the U.S. Congress' answer to the accounting scandals that started this decade.
It requires public companies to drastically change how they distribute and manage business performance information.

Learn more. Read these articles from  Gartner, Inc., and IBM:

"Management Alert: The Sarbanes-Oxley Act Will Affect Your Enterprise"

"You'll Have to Spend to Attain Sarbanes-Oxley Compliance"

Who�s Accountable?

Auditors, CEOs and CFOs are PERSONALLY LIABLE for the quality of their internal reporting. Executives must now immediately report to stockholders any issues that might affect enterprise performance. Shoddy corporate record-keeping could result in hefty fines and even jail time.

Learn more. Read these articles from  Gartner, Inc., and IBM:

"Management Alert: The Sarbanes-Oxley Act Will Affect Your Enterprise"

"You'll Have to Spend to Attain Sarbanes-Oxley Compliance"

Which Documents?

Sarbanes-Oxley is complex, vague, and open to multiple interpretations. For example, it requires the maintenance of "working papers" dating back seven years, but fails to really define �working paper.� That could mean even your everyday emails could be fair game.

Learn more. Read these articles from  Gartner, Inc., and IBM:

"Management Alert: The Sarbanes-Oxley Act Will Affect Your Enterprise"

"You'll Have to Spend to Attain Sarbanes-Oxley Compliance"

What Can You Do?

Experts agree Sarbanes-Oxley is serious business for business. If you don't have a compliant records management system in place, you need one. FAST. If you don�t know about Sarbanes-Oxley, you need to learn now.

Learn more. Read these articles from  Gartner, Inc., and IBM:

"Management Alert: The Sarbanes-Oxley Act Will Affect Your Enterprise"

"You'll Have to Spend to Attain Sarbanes-Oxley Compliance"

This research, from noted industry research and advisory firm Gartner, Inc., has been brought to you by IBM and will be available at no charge until February 28, 2004.

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