alleviation Responsibility Security measures are always a skilful move in an administration and now since jurisprudence such as Sarbanes-Oxley has mandated such procedures. Responsibility and procedures for chronicle belongings and recuperation leave be structuralized in this section for the organization. Sarbanes-Oxley imposes novel requirements on public companies and their accounting and auditing teams with regard to the remembering and devastation of certain(a) financial records. (Lange, Michele. 2003) Focusing on retention SOX has mandatory roll retention provisions for accountants to backup key auditing records. SOX has made whatever alternative to info retention very undesirable for the conclusion maker accountants and auditors alike. Harsh fines and prison terms are in like manner assiduous by SOX for any violations incurred. Sarbanes-Oxley reinforces the reality that electronic info watchfulness should garner top priority for integrated leaders hip, corporate counsellor and accounting/auditing professionals. Focus on electronic muniment retention will be made since SOX only mentions bodily documents azoic on and any large organization will economically see gains from electronic conversion of old documents. Backup technology and Storage location Once electronically stored, data can be dealt with in many other fashions anyway just recovery.
SOX doesnt touch on the use of a particular storage technology to turn over its criteria for long-term data retention and availability on tamper-proof media with objective audit trails. (Breisacher, David. 20 05) bear-sized organizations tend to favor ! data tapes for their archival records. WORM (write once, postulate many) drives are especially suited and manifest technological natural selection for such a large organization such as Riordan. WORM tape drives and cartridges provide the dress hat go of last performance, high capacity, unalterable backup and long-term retention of data at an affordable cost. ( Breisacher, David. 2005) Offsite storage is high recommended for disaster...If you sine qua non to get a full essay, order it on our website: BestEssayCheap.com
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