Contrasting Information Systems and Financial Executive Perspective on Implementing Regulatory Controls
نویسندگان
چکیده
New corporate compliance regulations such as the Sarbanes Oxley (SOX) Act of 2002 contain requirements for the chief executive and financial officers to certify the effectiveness of internal controls and processes leading to financial reporting. An inevitable result of implementing compliance with these regulations is an increased focus on improving systems and greater interdependence between the financial and IS functions. In this paper, we analyse the data collected on implementation of regulatory compliance and present some new empirical insights on the regulatory control implementation process and consequential changes in the institutional properties of IS and the accounting functions within the organization.
منابع مشابه
The Regulatory Influence On Management Information Systems - A Contingency Perspective
Reporting scandals and the financial crisis led to a massive increase of regulations. In particular financial institutions and governmental organizations are faced with a daunting number of regulatory requirements. So far, the influence of regulation on the organization and success of Management Information Systems (MIS) remains an open question. With this paper we provide a first insight into ...
متن کاملThe effect of aerobic training and resveratrol on some regulatory and executive factors of cardiomyocytes apoptosis in STZ-diabetic male rats
Background: The present study was conducted to investigate the effect of aerobic training with resveratrol supplementation on regulatory and executive factors of cardiomyocytes apoptosis in streptozocin diabetic male rats. Materials and methods: In an experimental study, 50 male rats were randomly divided into 5 groups of 10 healthy controls, diabetics, resveratrol supplements, aerobic training...
متن کاملIdentifying and Prioritizing Strategies for Improving Financing Systems of Iran's Oil and Gas Industry
The oil and gas industry has huge financial turnover and major projects, especially in the upstream areas, require substantial financing. Hence, securing financing is one of the most important requirements for successful implementation of projects in this industry. In this research, we adopt a descriptive approach and rely on the opinion of experts, to identify and prioritize strategies for imp...
متن کاملTechnical Challenges of Implementing Fair Values in Financial Reporting of Iran: Emphasizing on IFRS13 Requirements
Objective: By the full adoption of IFRS, measurement and disclosure of fair values become more common in Iranian financial reporting. The present study aims to identify the technical challenges of fair value measurement and disclosure in accordance with the proposed framework in IFRS13 as well as technical factors underlying resistance to fair-value based financial reporting from accounting and...
متن کاملThe Impact of Regulatory Policies on Volatility under Prudential Framework
Utilizing finance conceptual framework, this paper applies a Frontier-Volatility analysis to illuminate regulatory policies effects on volatility under Iranian Banking Prudential Framework over the period 2003 to 2015 using the raw database collected, classified and compiled by the Rahavard Novin Co. version 3, Securities and Stock Exchange Organization. Findings portray that volatility is affe...
متن کامل