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IT Braces for 'J-SOX' Rules
jcatcw writes to mention that Japan-based businesses are prepping for new requirements, called J-SOX, similar to Sarbanes-Oxley in the United States. Even though details are not expected until next month, many IT managers are already working on implementing controls to handle the expected regulations. "Marios Damianides, an IT risk management consultant and partner at Ernst & Young LLP in New York, said he expects that the relaxation of some Sarbanes-Oxley requirements by the Public Company Accounting Oversight Board in the U.S. late last year should help ensure that the J-SOX rules won't be excessive for businesses."
Why the name? Is it because "Sarbanes Oxrey" sounds a bit sirry?
On the other hand, billions of dollars have been stolen from people who can't afford it by crooks who were already rich. Stop feeling sorry for the companies, their PR campaigns (boo hoo, it's too much work to prove I'm honest, can't you just TRUST us?), and their excessive salaries.
Or, how about this: let's just go to a VAT system like the rest of the civilized world.
Remember kiddies, Republicans are helping out their rich friends to make them richer. Trickle down? It smells like URINE. That's the piss-on economics. Democrats on the other hand believe in people getting rich FAIRLY. That's called opportunity.
Now, watch a bunch of conservatives and libertarians attack me in an attempt to preserve their dynasty building. They're trying to form a royal class to rule you. Don't believe their bullshit.