The Role of Sarbanes-Oxley and ISO 9001 in Corporate Management
A Plan for Integration of Governance and Operations
$39.95
In stock
About the Book
At the turn of the 21st century, corporate scandals at major companies like Enron, Tyco International, and WorldCom cost investors billions of dollars and shook public confidence in the securities market. In 2002, in direct response to these scandals, Congress passed the Sarbanes-Oxley Act, a sweeping set of new standards for the operation of all U.S. public company boards, management, and public accounting firms. Among its many reforms was the requirement that senior officials take personal responsibility for corporate finances.
This book’s exploration of the relationship between corporate governance and operations uses the requirements of the Sarbanes-Oxley law as a guide and the internal controls of the ISO 9001 Quality Management System as the interface medium to unite the strategic and tactical functions of the corporation. In the process, it introduces new concepts of process liability and materiality and stresses management ethics and responsibility, as well as efficient and effective governance.
About the Author(s)
Bibliographic Details
William A. Stimson
Format: softcover (6 x 9)
Pages: 230
Bibliographic Info: 7 figures, notes, bibliography, index
Copyright Date: 2012
pISBN: 978-0-7864-6657-3
eISBN: 978-0-7864-8874-2
Imprint: McFarland
Table of Contents
Preface 1
1. Goodwill 13
2. Ethics in Business 16
3. Product and Service Liability 30
4. Contracts, Specifications, and Standards 40
5. Management Systems 51
6. Strategic Operations Management 64
7. The Sarbanes-Oxley Act 75
8. Managing Risk 90
9. Sarbanes-Oxley and Governance 100
10. ISO 9001 Framework for Sarbanes-Oxley 109
11. The Materiality of Operations 118
12. ISO 9001 Matched to SOX 132
13. The Governance System 151
14. Process Liability in Operations 167
15. Conclusions and Recommendations 188
Chapter Notes 201
Bibliography 211
Index 217
