Companies Are Scrambling To Meet The First Sarbanes-Oxley Act Deadline

The first deadline for complying with the Sarbanes-Oxley Act of 2002 is November 15, 2004. Many companies are concerned about meeting the reporting requirements. Steve Pohlit, President of Exec Net Consulting (exec.net), is addressing compliance issues during a special one-day seminar for CPAs, Attorneys, Management and Board Members in Miami on December 10, 2004.

Largo, FL (PRWEB) October 21, 2004 -- Steve, who is a CPA and Certified Internal Auditor states: the current focus is on public companies with a market capitalization over $75 million as that is the first group that must comply with the legislation. Sarbanes-Oxley is about governance. The principles apply to how all businesses are operated. I am delighted to have been selected to present an overview of the act as well as specific guidance on implementing the internal controls addressed by the act. All public companies and business owners with third party debt should benefit from this seminar."

Those interested in attending can request additional information directly by sending and email to steve@exec.net

Exec Net Consulting implements the proven Exec Net Consulting System in stages that match the resources and management experience level of each client. This approach enables each client to implement improvements in business processes while continuing to manage day-to-day operations. Exec Net Consulting coaches management on the best practices for optimizing cash flow and profit growth.

The proprietary processes implemented by Exec Net Consulting have been updated to include additional emphasis in internal controls and corporate governance as prescribed by Sarbanes-Oxley. Steve remarks "historically compliance related to new legislation is initially focused on companies with publicly registered securities. Then the expectation for compliance is extended to privately held concerns with shareholders and third party debt. The primary emphasis of the Exec Net Consulting process is coaching management on implementing better business processes that result in growing business profits. We are now even more focused on ensuring those business processes accomplish the dual objective of increased profitability and Sarbanes-Oxley compliance.

About The Success of The Exec Net Consulting System:

The Exec Net Consulting System is always successful in meeting and often exceeding project goals due to its rigorous client acceptance criteria. Steve Pohlit, says: Ask any owner or manager if they have a goal of achieving improved business results, and across the board, the answer is yes. However, the process of implementing change that will result in significant improvement is difficult. Therefore, the distinguishing factor for accepting a client is managements commitment. We are in the business of success stories. We do not ask for a contract. We earn our clients respect and approval of our work each week. Our projects are a major undertaking for each client since their work day was full before we enter the picture. It is therefore extremely important that management is passionate about learning the improved processes and procedures we teach through implementation."

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