Fast Relief for Sarbanes Oxley Section 404 Compliance Section 404 of the Sarbanes-Oxley Act requires management to confirm the effectiveness of their IT and financial controls in an “internal control report”, which is contained within the annual report (10-K) issued to the public. But what exactly is an internal control report, and why is it…
Category: Regulatory Compliance
Sarbanes-Oxley: A Cross-Industry Email Compliance Challenge
Is your enterprise following the rules? The bulk of financial information in many companies is created, stored and transmitted electronically, maintained by IT and controlled via information integrity procedures and practices. For these reasons, compliance with federal requirements such as the Sarbanes-Oxley Act (SOX) is heavily dependent on IT. Companies that must comply with SOX…
Hypocrisy of Over Regulation
All to often law makers and regulators create rules and regulations using a linear mindset. They claim they understand the issues, even have public hearings to prove it. Yet the people who are able to attend such things are usually lawyers and losers. Losers because anyone in the market place who was winning does not…
ADA Compliance and Security Hardware
Are you aware of the provisions of the Americans with Disabilities Act (ADA)? Signed into law on July 26 1990, the Americans with Disabilities Act is a wide-ranging legislation intended to make American Society more accessible to people with disabilities. What does this act mean to you? As the owner of business property or the…
Regulatory Hooey Protects Us From Our Own Health
Legislation is getting legs to further curtail your use of nutritional supplements. Not too long ago, prior to passage of the Dietary Supplement Health and Education Act (DSHEA) – which was accomplished by millions of letters to legislators by people like you – the FDA acted like a Gestapo against supplements, manufacturers and professional advocates….
Industry Regulation and Recent Legislation
A number of states from coast to coast are attempting to impose further regulations on the payday loan industry, but without much success in many cases. Consumers of payday loans have generally argued against more stringent measures and limitations, that would limit their access to payday loans. And, in the meantime, the payday loan industry…
Attention, More Regulations Are in Place and You Could Go to Jail After August 1, 2005
Be advised that as of July 1, 2005 – all ezine publishers or email broadcasters need to pay attention to new laws in Utah and Michigan. “Child Protection Registry” laws are now in affect and the trend may well extend into all of the other states. These laws went into effect on July 1, 2005…
Fixing Our Regulatory Sewage and Minutia Problems
Some believe that Sarbanes Oxley was necessary to help investors. They say that were problems pre-Sarbanes Oxley and that there was: “no real scrutiny of the “self-regulated” audit firms who at the time were attempting to bolster consulting fees by telling clients what they wanted to hear.” And that Sarbanes Oxley was necessary; well we…
Overregulation Choking All Aspects of Human Life
No human civilization runs perfectly, that is not to say one couldn’t, as it is possible. Surely the United States runs better than most civilizations on the Planet in this present period, but with its top heavy Government it is not the epitome of efficiency by any means. As a matter of fact almost every…
Carwash Lobbying Efforts to Curb Government Overregulation
Car washing is a good business indeed, as there are more automobiles and vehicles than people in America. But it is also another industry, which is completely over regulated. This is why the industry has formed a very large association. The Car Wash Association is constantly planning lobbying efforts to reverse the recent legislation, which…
FTC Cannot Regulate Lawyers?
Why is it that every single industry is regulated except lawyers? It is really funny because they are the only ones who are really putting the screws to the American People. Lawyers are scoundrels and are the scourge of the Earth it has been said. Caesar was most likely correct. So why are we not…
Buying Natural Gas Under Deregulation…Avoid These 3 Costly Mistakes
Rising natural gas prices have caused many businesses to consider for the first time to buy natural gas from suppliers other than their primary utility company. Unfortunately, it’s not a simple matter of just seeing who has the lowest price. There are a lot of potential problems. 1. Only use the NAESB contract with the…
New Regulations for Small Business
Time was, you could just hang up a shingle and call yourself a business. As long as you didn’t shoot anyone, you were pretty much left alone. Not so any more. A glut of federal and state regulations have come into being, many just over the past few years, and many apply to small businesses….
2006 Government Regulatory Trends
The Business Regulatory Climate in the United States in 2005 changed from a referee type enforcement mission to an attitude that all business people were guilty of some sort of unethical behavior. More regulations were made in 2005 than any other year in the history of the United States. Regulators and Government Prosecutors like Elliot…
Private Space Flight to Get Regulations
The Federal Aviation Administration has proposed many new regulations for Space Flight to supposedly protect the people. Apparently the FAA has some greater ambitions to regulate the entire Galaxy and then the Universe. Perhaps they are just getting warmed up to be the Inter-galactic Regulatory Agency of all 13-dimensions of the Space Time Continuum? And…
FAA to Regulate Space Flight and Space Ships?
Well it seems the Federal Aviation Administration seems to have more lofty goals than the new NASA Mission to the Moon and Mars. The FAA now wants to regulate Space Flight in the entire Galaxy and the Universe and probably all 13 dimensions? And the Lawyers are loving it as they see a new market…
HIPAA and Email – How Does Your Practice Deal with Compliance in a Digital Age?
The internet has created a new business model for the smaller medical practice, specialty clinic and medical service (e.g. dermatologist, plastic surgeon, physical therapist, psychologist, et. al). More and more, patients are looking to communicate with their healthcare providers as they do in their personal and business lives – via email. Email as a communication…
Franchise Regulations VS Multi Level Marketing Laws
There is a huge rift between the laws governing Multi Level Marketing and Franchise Regulations. And there is also a huge enforcement gap. In fact there is so much over regulation in Franchising, that the regulatory agencies have really hurt America and entrepreneurship. Franchise sales people are very closely regulated as to what they can…
AS/NZ 3760: 2003 In-Service Safety Inspection and Testing of Electrical Equipment
The AS/NZ 3760 : 2003 is document written by Standards Australia that specifies the procedures and criteria for the in-service safety inspection and testing of electrical equipment which is designed for connection by a flexible cord. It also applies to cord extension sets, portable outlet devices, portable residual current devices. Appendices include detailed test methods….
AS/NZ 5761: 2005 In-service Saftey Inspection and Testing of Electrical Equipment – Second Hand
Organisations and individuals supplying or offering to supply second hand electrical equipment should be aware of the important legal obligations imposed on them under electricity safety legislation; as follows: A person supplying or offering to supply second hand electrical equipment must have a label attached to the equipment stating that the equipment is second hand….