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How has the Securities and Exchange Commission (SEC) improved reporting measures for publicly held companies? What are the weaknesses in SEC procedures?
The SEC has amended its reporting requirements in order to eliminate, modify, or integrate certain disclosure rules. These changes are aimed at improving disclosure effectiveness. Simplifying compliance without the need for significantly altering the total mix of information that is provided to the investors. Improving this reporting measures will allow public companies to eliminate redundant and duplicative requirements that forced the companies to publish or report the same information in different manners. Eliminating duplicate reporting requirements will make it easy for public companies to provide information to investors and investors will find it easy to retrieve information. The SEC also aimed at eliminating outdated requirements that are not consistent with recent legislation.
While the reporting measures are aimed at improving reporting for public companies, it is feared that the SEC might not be able to determine if companies do adhere to these changes. The SEC does not have effective internal controls in place to ensure that it can monitor and identify compliance. SEC systems are not routinely patched making them vulnerable...
Audit trail of systems is lacking, which makes it hard to determine or follow-up in case of an issue. SEC systems are not using encryption for sensitive information. This makes it easy for an intruder to steal the information.
What are the merits of zero-based budgets (ZBB) compared with incremental methods?
Zero-based budgeting is a budgeting method that requires the current year's budget be prepared from scratch with zero as the base. Incremental budgeting is a budgeting method where the previous year's budget is used to prepare the current year's budget (McCrie, 2016). Changes are made in the form of addition or reduction of expenses. Zero-based budgeting allows a company to create a new budget every year without having to consider the budget for the previous year (McCrie, 2016). There has to be a justification of resources before they are allocated any funds. Resources that will benefit the company are allocated the maximum resources. This ensures that the activities that are revenue generating and critical to the company's survival will get top priority. With such a method, a company is assured that it will not lose focus on other resources or activities that might end up affecting its bottom lines. Any budget allocation is…
criminal justice/security management research article. Add article post (hyperlink attachment). Provide a summary research (Do recopy abstract. Use words). Explain "qualitative." Be identify discuss elements research: Units Analysis Hypothesis Variables Operationalization: variables operationalized? Time dimension what conclusions made research? How conducted experiment differently? Criminal justice and security management: Article summary Dorn, N., & Levi, M. (2009). Private-public or public-private? strategic dialogue on serious crime and terrorism in the EU. Security Journal, 22(4),
This is sensitive information that should be securely stored. The records contain confidential information that could be used in identity theft. The records should be securely stored either in soft copy or hard copy. Only authorized personnel should have access to these records. Audit trails should be installed to keep track of the personnel who access the records. The authorized personnel should be analyzed and background checks conducted. Strict
They need to know what their responsibilities are not only as individuals but also as team members and corporate employees. David cites an excerpt from a corporate security document that illustrates his point: "A security policy serves many functions. It is a central document that describes in detail acceptable network activity and penalties for misuse. A security policy also provides a forum for identifying and clarifying security goals and
security measures. The primary focus while analysing security measures will be on the overall effectiveness and hindrances in their implementation in the aspect of transportation and logistics management (TLM). Security Measures in Place / Are They Effective? In order to ensure safety in sensitive areas, to observe traffic or to keep a check on criminal activities, CCTV, video cameras and high-tech surveillance systems are very useful devices. They also play an
These are contained in the Enterprise Operations Center framework. The center has reach to the group of specialized telecommunication commercial and federally concentrated focused professionals within the CSC. These groups of individuals have thousands of certifications for operating Cisco, Microsoft, Sun, Nortel, Ayaya and many other types of equipment that assists any networking or telecommunication requirements of clients who are working with the Center. (Enterprise Network Managed Services Center
Security Audit for FX Hospital EHR/EMR Systems The study carries out the security audits for the FX Hospital EHR/EMR information systems to identify the vulnerabilities in the systems. The study uses the BackTrack as an auditing tool to penetrate the website, and outcomes of the auditing reveal that the website is not secure and can be subject to different vulnerabilities. After carrying out the auditing, the study is able to collect