Welcome to the second edition of our english newsletter
Compliance - An Inconvenient Truth

For many companies Compliance will be considered as ’An Inconvenient Truth’ – similar to what global warming is for the international society.

To find out the particulars of ’The Convenient Truth’ on Governance, Risks and Compliance we suggest that you attend the upcoming Copenhagen Compliance Conference. For details click here.

News
What an IT manager needs to know about compliance
At the IDC IT Security conference in Copenhagen 25. September, Kersi Porbunderwalla from Controllers Aps gave a presentation about what an IT Manager needs to know about Eurosox and compliance in general.
What to expect from EuroSox
Business leaders of European stock listed companies have a couple of years to prepare for compliance of the three EU directives that form EuroSox. European stock listed companies have now to gear up in order to strengthen their financial reporting processes and internal controls.
A Gartner analyst concludes that Excel spreadsheets are a threat to IT Security
Gartner-analyst Jay Heiser reports that IT security in traditional spreadsheets like Excel must live up to accepted data protection standards. Several surveys have shown that IT security can be breached if certain minimum standards are not adhered to.
News on Eurosox.dk
Demystifying SOX
Myths about SOX implementations are the most common topics of discussion at our Governance, Risks and Compliance courses. This article attempts to peel off the layers of the myths and explain the fundamentals of SOX.
Mystifying EuroSox
To understand why EuroSox can be mystifying, it is relevant to understand the framework of EU legislation and the leash that is afforded for the adoption of the many directives in the member states.
FactSheets about Eurosox
Eurosox is the nickname of a set of EU directives. You can find a brief overview of the directives here and s minor supplement here free of charge. Both files are in English in PDF format.
Preview of the next newsletter
Oops we did it again!
About a year ago J-SOX was introduced and Japanese companies are struggling to be in compliance prior to yearend. Several months ago our colleagues in Japan reported that they were having 3 hour lunches because much of the guidance, references and instructions were missing. So how are the Japanese companies progressing?

The information contained in this newsletter is provided for informational purposes only. While efforts were made to verify the completeness and accuracy of the information provided, it is provided “as is” without warranty of any kind, express or implied. Controllers ApS shall not be responsible for any damages arising out of the use of, or otherwise related to, this newsletter. You can subscribe here or, if you are already a subscriber, unsubscribe here. Copyright 2006-2009 Controllers Aps.