WatchIT Programs Detail Impact, Benefits, Pitfalls of Compliance With Sarbanes-Oxley Act

WatchIT the leading provider of Education on Demand is releasing two interactive programs that guide business and technology executives through the complex process of complying with the Sarbanes-Oxley Act.

(PRWEB) July 27, 2004 -- WatchIT the leading provider of Education on Demand is releasing two interactive programs that guide business and technology executives through the complex process of complying with the Sarbanes-Oxley Act. Arguably the single most important piece of legislation affecting public corporations since the U.S. securities laws of the early 1930s, the Act charges managers with the task of certifying that they have an operational system of internal controls over financial reporting.

The first program, Sarbanes-Oxley Compliance: Managing Technology Controls, released in June, features Scott Green, Global Head of Audit and Compliance at Weil, Gotshal & Manges, a leading law firm in the practice of corporate governance. Green provides an overview of Sarbanes-Oxley and describes what organizations need to do to be in compliance. He details a nine-phase action plan for compliance with the Act, and discusses the impact, benefits, and pitfalls of the compliance process. In addition, Green offers guidelines for managing your organizations Sarbanes-Oxley activities. Green also is the author of Managers Guide to the Sarbanes-Oxley Act: Improving Internal Controls to Prevent Fraud.

The second program, Technology as an Enabler to Sarbanes-Oxley Compliance, to be released in July, is anchored by Robert Fitzgerald, President of Cartesis, Inc., and the Executive Vice President of Global Operations for North America. Cartesis is a business performance management (BPM) solutions provider. Fitzgerald focuses on the need for a strong partnership between the IT and business functions to enable timely and accurate financial reporting. He asks six questions you must be able to answer to see if your systems and processes stand up to the requirements of Sarbanes-Oxley. Fitzgerald also details the specific requirements of key provisions of the Act and explains how to comply with them.

The two programs, each approximately 45 minutes in length, are presented in WatchITs acclaimed Knowledge Navigator" platform. This interactive interface includes a full video presentation, including graphics, animation and sound, as well as value-added resources such as Web links, white papers, a glossary of terms, and a multiple-choice test.

WatchIT knows how important it is to business and IT managers to understand the complexities of Sarbanes-Oxley compliance," said Jim Fallon, SVP Production/Programming for WatchIT. The two programs we are releasing not only provide a thorough introduction to Sarbanes-Oxley requirements, but also translate the real-world, hands-on experience of our expert presenters into practical actions viewers can take right now to begin meeting the tough standards set forth in the Act."

Those interested in learning more about WatchITs complete library of interactive programs on business and information technology topics are encouraged to visit the companys Web site at www.watchit.com, or contact David Southwick, Senior Vice President of Sales and Marketing, at 978-667-3256, ext. 104, or at dsouthwick@watchit.com.

About WatchIT.com:

WatchIT delivers experience to the desktop. We educate business and technology executives, connecting them with real-world practitioners and leaders experienced in meeting the business and technology challenges of the day. Our smart-media platform enables viewers to control the pace and the means by which they learn, resulting in a personalized learning environment and facilitating the immediate application of new knowledge to their work. Organizations benefit from cost-effective and just-in-time education, enabling accelerated adoption of best practices and avoiding liabilities faced by pioneers. For more information about WatchIT, please visit www.watchit.com.

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