Sarbanes-Oxley IT Compliance Using COBIT and Open Source Tools
By Christian B. Lahti, Roderick Peterson
HIGHLIGHT
According to AMR Research, Corporations will spend over $5.8 Billion in 2005 to achieve Sarbanes-Oxley compliance, and IT spending will account for 43% of this expenditure. This is the only book on the market that provides both the information and the applications on a bootable-Linux CD to achieve SOX compliance. |
A Fully Integrated Book and Live CD for Sarbanes-Oxley Compliance
Date: Sep 2005
Pages: 356 (est.)
User level: All |
DESCRIPTION
This book illustrates the many Open Source cost savings opportunities available to companies seeking Sarbanes-Oxley compliance. It also provides examples of the Open Source infrastructure components that can and should be made compliant. In addition, the book clearly documents which Open Source tools you should consider using in the journey towards compliance. Although many books and reference material have been authored on the financial and business side of Sox compliance, very little material is available that directly address the information technology considerations, even less so on how Open Source fits into that discussion.
Each chapter begins with an analysis of the business and technical ramifications of Sarbanes-Oxley as regards to topics covered before moving into the detailed instructions on the use of the various Open Source applications and tools relating to the compliance objectives.
The bootable CD contains fully configured demonstrations of Open Source tools. KEY
SELLING POINTS
- Only book that shows companies how to use Open Source tools to achieve SOX compliance, which dramatically lowers the cost of using proprietary, commercial applications.
- Only SOX book with a bootable-Linux CD containing countless applications, forms, and checklists to assist companies in achieving SOX compliance.
- Only SOX compliance book specifically detailing steps to achieve SOX compliance for IT Professionals.
MARKET
INFORMATION
Section 404 of the Sarbanes-Oxley Act of 2002 proscribes a new, tougher standard of internal controls and procedures that publicly traded companies must comply with while generating their financial reports. It also requires companies engage in regular assessments of the effectiveness of those controls and procedures. As such, every publicly traded company or company considering an IPO in the near future needs this book. Also, the initial cost estimates for achieving SOX compliance are now proving to be much lower than the actual costs. In 2004, costs averaged $4.36 million per company, 39 percent more than the $3.14 million companies expected to pay. As a result, companies are searching for less expensive solutions, such as the Open Source alternatives detailed in this book and provided on the accompanying CD.
There are no other books on Sarbanes-Oxley compliance that exactly address the Open Source opportunities provided in this space. There are few books on the subject that may impart some technical or IT related guidance, however there does not seem to be any that focus directly on IT and particularly Open Source.
ABOUT
THE AUTHOR
Christian B. Lahti has over 15 years experience in the IT industry. He is an expert in security, systems, and networking, having developed and implemented global IT infrastructures with a focus on Linux and open source as well as providing consulting expertise for successful cross-platform integrations and interoperability. He is also skilled in databases and web development. He is a speaker at LinuxWorld and OSCON, and was the lead developer and technical editor of the book Windows To Linux Migration Toolkit, a Syngress title ISBN:1931836396.
Roderick Peterson has over 20 years experience in the IT industry. His diverse background includes knowledge of Mainframe Operations, LAN, Internet, IT Infrastructure, business applications and the integration of emerging technologies. He has successfully lead the development and deployment of major applications at several global companies. He also successfully owned and operated a IT consulting business for over five years.
TECHNOLOGY
BACKGROUND
The Sarbanes-Oxley Act (officially titled the Public Company Accounting Reform and Investor Protection Act of 2002), signed into law on 30 July 2002 by President Bush, is considered the most significant change to federal securities laws in the United States since the New Deal. It came in the wake of a series of corporate financial scandals, including those affecting Enron, Arthur Andersen, and WorldCom. The law is named after Senator Paul Sarbanes and Representative Michael G. Oxley. It was approved by the House by a vote of 423-3 and by the Senate 99-0.
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