Hope you enjoy the postings this week, in particular those from Dan Anderton on SOX Compliance applications.
Before You Start Your Sox Process Perform A Detailed Risk Assessment To Focus Your Efforts To Reduce Time And Cost
Posted in Compliance on Jul 21st, 2011
Prior to starting your SOX compliance efforts, you should perform a detailed risk assessment to focus management’s evaluation and assessment efforts on those areas that could result in a material misstatement in the financial statements. We suggest that the risk assessment process should include: (1) Establish Materiality: Establishing materiality to conclude whether deficiencies identified in [...]
Before you start your SOX process it is important to plan
Posted in Compliance on Jul 20th, 2011
Planning is an extremely important part of your SOX compliance process. Not only will it help you plan out the path ahead, but it becomes a valuable starting place for discussing the project with your auditors and audit committee. The planning process is a valuable time to form consensus, formalize the compliance plan and define [...]
Setting Goals 101
Posted in Change Management, Project Management on Jul 19th, 2011
Most Wednesday evenings, I facilitate classes in at the local prison. This week we are introducing a new 4 hour class on Setting Goals. Because we do this frequently at the beginning of every BPM project, it’s been interesting to simplify this process for those that may have never done any systematic goal setting. In [...]
Simplified Process Mapping Seminar make its summer comeback
Posted in Process Mapping on Jul 18th, 2011
If you are looking for a break from your summer routine, consider attending one of Harvard Computing Group’s popular Simplified Process Mapping webcasts in early August. These one-hour seminars describe the challenges associated with capturing process knowledge and producing good process maps. You will learn about a simple, yet effective technique for understanding and [...]
