Tony: You make large assumptions:
1) Congressional lawmaking is rational 2) Laws passed don't have the opposite effect from intended 3) Those sponsoring laws have a clue what they're doing. When it comes to Congress, the less they do the better. :-) Bill > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED] Behalf Of Tony Gravagno > Sent: Thursday, August 05, 2004 4:30 PM > To: [EMAIL PROTECTED] > Subject: RE: [U2] [OT] Sarbanes-Oxley > > > Gordon Glorfield wrote: > > BTW My apologies to our non-USA list members as this is only > > pertinent to US operations. Sometimes I forget we are not all in the > > USA. > > Actually Gordon, while the legal responsibilities of compliance with USA > regulations only apply to USA companies, I can easily see initiatives for > SOA compliance driving non-USA companies that do business with USA public > companies. > > I'm no expert on the matter, but it seems to me that change will be (or > should be) driven from the top-downward to ensure compliance, and > that means > vendors, partners, and even some customers of these public > companies may be > requested or mandated to make changes in IT and/or manual procedures. So > all of you foreigners and grinning private companies out there better look > out. ;) > > I've seen a couple comments here that tell me that some people have a > different understanding of SOA than I do - I have no idea who's > right. I'm > under the impression that SOA doesn't just mean approvals need to be > recorded, but that much stricter auditing need to be done of any physical > process or policy which affect the bottom line. That means > creating lots of > cross-index files, periodic balancing of summary to detail, and > some decent > drill-down/reporting into all of this data. When someone asks where that > bottom line came from, it's management's neck on the line if they can't > click a few times to show the detail. The terms data warehouse, > cube, ETL, > and BI come to mind. Which is what we/MV are very good at once > we write the > code. > > We'll see how far it goes when management types actually do their reading > and then get serious. I don't think we (consulting community and > IT staff) > have been asked by our clients/managers to make driving changes > yet, simply > because there are lot of CxO types still ignoring SOA or still trying to > figure out how deep it really goes. Perhaps the thing to do is to contact > the CxO's with whom you have influence and ask them if there is > anything you > can or should be doing to help them get through this. > > I hope our resident expert, Susan Joslyn, can provide some insight. > > Tony > Nebula R&D > ------- > u2-users mailing list > [EMAIL PROTECTED] > To unsubscribe please visit http://listserver.u2ug.org/ ------- u2-users mailing list [EMAIL PROTECTED] To unsubscribe please visit http://listserver.u2ug.org/
