Product Description

The Sarbanes-Oxley Act is here to stay. This unique reference not only shows how to achieve compliance with Sarbanes-Oxley, but also guides senior executives and their management teams in assessing the reliability of financial reporting and internal controls to maintain compliance. Unlike other SOX books, it shows how to use the process to reduce risks and improve profitability, shareholder value and operational performance.

Key Features:

• Delineates how to achieve compliance to the Sarbanes-Oxley Act of 2002 and how to select and apply the right performance metrics to maintain compliance and create value
• Includes a blueprint for using the COSO and enterprise risk management frameworks that provides a model for assessing the reliability of business risk and internal controls
• Supplies the tools and techniques to conduct internal control continuous self-assessments to improve operational performance and achieve greater profitability
• Provides guidance on building effective programs for identifying, measuring, prioritizing and responding to risk
• Uncovers the secrets to creating a reliable business process infrastructure that provides the basis for real-time top-down and bottom-up financial reporting and profit planning
• WAV offers a free downloadable Sarbanes-Oxley compliance management checklist, performance measurement scorecard, self-assessment checklist and scoring template, business process management checklist, and other compliance and internal control resources and tools — available from the Web Added Value™ Download Resource Center at jrosspub.com

Product Details

• Amazon Sales Rank: #1971174 in Books
• Published on: 2006-02-05
• Format: Illustrated
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 288 pages

About the Author
C. Lynn Northrup has over 40 years of experience as a financial executive, CPA, and consultant specializing in operations and strategic cost management. He is a professional trainer and consultant and creates and teaches continuing professional education on a national and regional level. He is an active speaker at national seminars and professional conferences. Mr. Northrup is a member of the AICPA, the North Carolina Association of CPAs, and APICS. He holds an APICS certification as a CPIM and has received certification on multiple ERP and accounting/financial reporting systems. He is well published numerous magazines and journals and is author of Dynamics of Profit-Focused Accounting.

Customer Reviews

Common Sense SOX Compliance - A Must Read for Managers
In my business, I see fraud occurring daily, by all walks of life across all manner of businesses. No one seems immune, yet no one also knows when it will occur and by whom. But history proves it can be controlled and minimalized, not just with good goverance and control structures, but effective governance and control structures. The well-organized and easy to read Profitable Sarbanes-Oxley Compliance provides the most practical, comprehensive guidance and advice to-date for company management and boards on achieving true effective governance that touches on and challenges all key elements--board, management, IT, auditors, etc--to rise to the occasion in an integrated chorus to bring to life the SOX compliance process. Having examined fraud and business operations for the past 20 years proves to me that while SOX can be expensive and a headache to implement, getting it right and making it work--regardless of organizational size--will not only lower the cost of potential fraud significantly, a worthy goal, but will provide the added benefit of greatly improving the way the organization functions and governs itself, the ultimate goal to improved shareholder value.

Finally, A Book on SOX that Contributes to Performance Gains
Lynn Northrup has accomplished what few have communicated. There is some good benefit besides performing all of the tedious work of "checking the boxes" to comply with the law of SOX.

This book describes, in a way a manager can understand it, how the tasks of complying with Sarbannes-Oxley can be applied to "performance management" of an organization. Well done.

Too General
Read a great review of this in the Financial Executives International magazine. However, I found the book too general. Lots of platitudes and obvious, ivory tower statements. Not a whole lot you could actually apply to your compliance efforts.