Sarbanes & Oxley

["Milt Habeck" <mhabeck@xxxxxxxxxx>]

Hi Doug and Loyd ...

The most severe "penalty" for non-compliance would be risk to
your enterprise's share price. If Sarbanes-Oxley auditors author an
unsatisfactory report, those conclusions will be printed in your
annual report. Here's an essay about the subject entitled:

          "What shareholders should know about the
            exploding responsibility for data integrity"
            http://www.unbeatenpathintl.com/debriscloud/source/1.html

Here are two affordable products that help iSeries shops get prepared
for their SOX audit:

   "Bill of Health" Security Diagnostics and Rx for OS/400:
      http://www.unbeatenpathintl.com/BOH/source/1.html

   "Stitch-in-Time" OS/400 Database Integrity:
      http://www.unbeatenpathintl.com/stitch_in_time/source/1.html

Warm regards,

Milt Habeck
Unbeaten Path International
North America: (888) 874-8008
International voice: (262) 681-3151
European contact: (44) 1-737-824248
mhabeck@xxxxxxxxxx
www.unpath.com

.

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From: Goodbar, Loyd (ETS - Water Valley)
To: Midrange Systems Technical Discussion
Sent: Monday, August 23, 2004 10:34 AM
Subject: RE: Sarbanes & Oxley

Beware that you wait until the last minute. Our FYE is Dec 31, we must be in
compliance by Sep 30 per our corporate office. No major system upgrades,
changes, or implementation allowed without waiver in Q4.

SOX is far reaching, but primarily affects financial systems (purchasing,
inventory control, GL/AP/AR) and some HR systems.

Loyd Goodbar
Senior programmer/analyst
BorgWarner
E/TS Water Valley
662-473-5713




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From: "Doug Hart" <DougHart@xxxxxxxxxxxx>
To: "'Midrange Systems Technical Discussion'"
Sent: Monday, August 23, 2004 12:17 AM
Subject: Sarbanes & Oxley

Does anyone know if there is a date when companies must be SOX compliant?

Also, what are the penalties, if any, for non-compliance?

Our auditors are driving us nuts.  I'd love to put them off until next
Spring, or just pay the fines like you can do with OSHA if they are not to
expensive.

Doug Hart