Manager's Guide to the Sarbanes Oxley Act: Improving Internal Controls to Prevent Fraud by Scott Green Foreword by Ira Millstein
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								What others are saying about the Guide: "A nessessary read for any director, executive or line manager who is serious about monitoring the health of their internal control structure." -Holly Gregory Partner at Weil, Gotshal & Manages "In the complex new world of Sarbanes-Oxley, it is refreshing to read a book that has comprehensive answers for general managers wanting to do the right thing." -Jim Basillie   CEO of Research in Motion "A great read.  Scott Green has provided us with a book on management controls that is as engaging as it is illuminating.  I am enthusiastically recommending this book to managers of financial institutions of any size." -John Duffy Chairman of Keefe, Buryette & Woods "Recent widely publicized business failures and accounting deficiencies that were a contributing cause make a strong case for a comprehensive system of controls such as those proposed in Scott Green's book." -Orval Hansen Former U.S. Congressman "Scott Green's excellent guide provides the reader with a comprehensive, detailed and realistic look at Sarbanes-Oxley including the provisions, the causes, and the impact the act is likely to have......" -Herman A. Berliner, Ph. D. Provost and Senior Vice-President for Academic Affairs at Hofstra University
				About the Guide Manager's Guide to the Sarbanes-Oxley Act: Improving Internal Controls to Prevent Fraud. In response to the financial reporting frauds of 2001-2002, Congress passed the Sarbanes-Oxley Act in an effort to restore public confidence. Section 404 of the Act will go into effect for most public companies on November 15, 2004 (June, 2006 for foreign and smaller companies) and will require senior management to certify their internal control structure.  Most managers are not trained in the art of internal control, yet new regulations are forcing managers at all levels to assess their control environment. The actual events that we have all read about provide the best lessons regarding corporate governance and internal control.  They are current and relevant issues to which we can all relate. Using real life fraud, embezzlement and massive operational losses, from the recent events at Enron, WorldCom and Tyco, the book not only helps a manager understand the basics of internal control, but provides context as well.    This work provides the reader with: -An overview of the Sarbanes Oxley Act and it's requirements with emphasis on obtaining comfort for Section 404 certification. An overview of the recently issued NYSE and NASD listing requirements is also presented. -An exciting new tool ( Control Smart ) that enables a manager to easily document and evaluate his or her control environment and comply with Section 404 of the Act under the COSO framework. -Insight into the recent avalanche of financial reporting fraud and related personalities such as Andrew Fastow of Enron, Dennis Kozlowski of Tyco and WorldCom's white hat, Cynthia Cooper as well as less well-known embezzlements and financial reporting frauds.   This highly popular new work was released by John Wiley & Sons on February 20, 2004.  It can be ordered directly from John Wiley & Sons   by clicking on the "buy it" button on the upper left of this page.   You can read the book preface by clicking here. Access other articles by the author.
					Table of Contents Foreword (by Ira Millstein) Preface Acknowledgments Chapter 1: Sarbanes-Oxley Myth Legislating Evil Out of Our Corporations Employees, Fraud, and Lessons Forgotten Why You Should Not Rely on Auditors You Can’t Trust the Lawyers Either Supporting the Fraud Culture What Really Works Chapter 2: The Control Smart Framework Smart Basics Case Study: Andy Fastow’s Shell Game Chapter 3: Threats and Dangers How to Recognize a Pending Nightmare I See It. Should I Worry? Whose Job Is It Anyway? Chapter 4: Know Yourself Do You Have Decision Rights? Key Activities Model Tell Your Story Chapter 5: Identify Where You Are Vulnerable What Are Controls? Pull Levers—Often Activities That Improve Your Business Chapter 6: Smart Links 1: Establish Behavioral Boundaries Step 2: Choose Your Customers Step 3: Did You Get What You Paid For? Case Study: Greed’s Siren Song: Dennis Kozlowski Step 4: Who’s Reading Your E-mail? Step 5: What’s It Really Worth? Step 6: Growth Busters! Step 7: Has Your Ship Sailed? Step 8: Keep Everyone Happy Step 9: Cash Is the Same as Money Step 10: Where Did It Go? How Do You Know? Step 11: Take Your Temperature Often 12: Speaking Out Loud to a Crowd Case Study: The Cynthia Cooper Story Step 13: Knowing the Best and Brightest Chapter 7: Protect Yourself Find Those Gaps: The Dentex Case Applying Smart Links Interrupting an Embezzlement Finishing the Job Applying Smart Links to Financial Reporting Processes Chapter 8: Monitor Your Health What Is Driving Your Business? We Know We Are Better! Are We There Yet? What Happens Next? Chapter 9: A Call to Action Epilogue Appendix A: Statement of Values Appendix B: Key Performance Indicator Reporting Appendix C: Examples of Key Performance Indicators Appendix D: Control Activities Appendix E: Example of Section 302 Certification Appendix F: Attestation Checklist Bibliography Index