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  Solutions: Sarbanes-Oxley

The Sarbanes-Oxley Act of 2002 radically changes corporate governance and reporting obligations and imposes strict rules on how companies manage their financial processes. Companies are held to a new level of accountability that has challenged executives to implement systems that solve compliance initiatives. Companies must evaluate every business process down to the transaction level and fix any weaknesses in internal controls or face costly penalties and potential lawsuits.

EMK3's application suites helps oil and gas producers meet compliance obligations related to section 404 of the Sarbanes-Oxley Act for all business processes managed by the marketing department. EMK3 provides increased visibility over financial processes, better control over the access and use of information, and improved oversight over departmental activities. EMK3's applications and services are a key component in your Sarbanes-Oxley compliance initiatives.

The following resources address Sarbanes-Oxley compliance.


EMK3 Solves Internal Control Issues for Sarbanes-Oxley Compliance (pdf)

SOX Compliance Can Benefit Producers (August 2004, American Oil and Gas Reporter)

Sarbanes-Oxley Act of 2002, Implications To Oil and Gas Marketing (pdf)



 
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