Petaluma, CA (PRWEB) April 30, 2013
Vibato, the only provider of the fixed-price, best-practice approach to meeting Sarbanes-Oxley and SAS-related compliance requirements, has launched a petition against the early release of former Enron CEO, Jeffrey Skilling. The US Department of Justice released information to the public regarding the possibility of an early release on April 4, 2013 (Court Docket Number: 4:04-cr-25-2). Skilling has served six of a 24-year prison sentence related to a 19-count conviction of fraud, conspiracy, insider trading, and lying to auditors (case no. 4:04-cr-00025 U.S. vs. Jeffrey K. Skilling US District Court for the Southern District of Texas Houston Division.)
The petition is intended to provide a platform for the public to voice their opinion about Skilling’s early release efforts. The petition results will be delivered to the Honorable Judge Simeon Lake who presided over the original sentencing and who will be presiding over Skilling’s most recent appeal.
CIO & Co-Founder of Vibato, Teresa Bockwoldt, explains the purpose of this campaign, “As internal auditors, we strongly believe in the requirement that public companies must be held accountable for providing accurate financial information to the investing public. There has been very little press about his efforts and we are hopeful this petition will bring comfort to the victims and information to the masses.”
About Vibato: Vibato delivers a comprehensive audit methodology that helps public, private, and non-profit organizations efficiently and cost-effectively identify and mitigate business risks in order to meet financial reporting requirements and improve their financial operations. The Vibato Internal Control Suite™ is scalable, affordable, rapidly deployed, and highly effective. The Vibato Solution has been tested across hundreds of organization of all sizes and industry profiles with the same results: successful implementation and standardization of all internal controls, optimized control counts, and ongoing cost savings.
If you would like more information about this topic or if you are interested in holding an interview with Teresa Bockwoldt, please call Alexandra Rowe at 707-494-4942 or visit http://www.Vibato.com.