Lay in Cuffs

Started by Diomedes, July 08, 2004, 09:01:47 AM

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dis12

Quote from: Diomedes on May 25, 2006, 12:13:53 PM
May they rot in hell.

those Enron arseholes are the ones that resulted in all this Sarbanes-Oxley (aka: SOX*) crap being instituted.  It's made my life a living Accounting hell  >:(

* - rules designed to require ongoing evaluation of the effectiveness of corporate internal controls and disclosures (see, it even sounds scary)
C6 at the WAC

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Diomedes

SOX is a perfect example of bad law.  All you had to do was enforce the goddamned laws on the books.  Grandstanding lawmakers can't get press and votes from that though, so they had to draft this piece of shtein legislation.  The requirements are absolutely ridiculous.  I'm no defender of corporations--I think they are a bigger threat to human life than terrorism, actually--but this law raises costs for companies needlessly.  Then, corporations being satan's spawn, they simpley pass pass the cost down to the consumer, so we get farged in the end. 

We just implemented SAP and basically ignored SOX.  farg 'em.  We'd rather pay lawyers to get us out of trouble IF we get in trouble, than pay consultants outrageous fees to encumber our work processes with useless controls. 
There is considerable overlap between the intelligence of the smartest bears and the dumbest tourists." - Yosemite Park Ranger

Butchers Bill

Quote from: mcnabbmvp on May 26, 2006, 01:55:31 AM
Quote from: Butchers Bill on May 25, 2006, 12:22:00 PM
But wait, I thought BushCo was going to get them acquitted?   ::)

Wasn't it Bush the one to pull the plug on Enron and other companies.

Why yes, it was.
I believe I've passed the age of consciousness and righteous rage
I found that just surviving was a noble fight.
I once believed in causes too,
I had my pointless point of view,
And life went on no matter who was wrong or right.

Diomedes

The press outed Enron, not Bush.  He was happy to let them continue, and wouldn't have done a damn thing if the public didn't know what was happening. 

Good to know we can always count on our resident Rush to defend Bush, even when he's not being attacked.
There is considerable overlap between the intelligence of the smartest bears and the dumbest tourists." - Yosemite Park Ranger

dis12

Quote from: Diomedes on May 26, 2006, 11:09:55 AM
SOX is a perfect example of bad law.  All you had to do was enforce the goddamned laws on the books.  Grandstanding lawmakers can't get press and votes from that though, so they had to draft this piece of shtein legislation.  The requirements are absolutely ridiculous.  I'm no defender of corporations--I think they are a bigger threat to human life than terrorism, actually--but this law raises costs for companies needlessly.  Then, corporations being satan's spawn, they simpley pass pass the cost down to the consumer, so we get farged in the end. 

We just implemented SAP and basically ignored SOX.  farg 'em.  We'd rather pay lawyers to get us out of trouble IF we get in trouble, than pay consultants outrageous fees to encumber our work processes with useless controls. 
we've been on SAP for 4 years.  it took a whole 2 years just to get comfy with it.  Initial training is unbearable.  It is a great overall system, but requires a lot of daily babysitting (every nuance is analyzed/critiqued), not to mention the costs of having consultants for every module.     I wish you luck!
C6 at the WAC

*** SPD ***

Butchers Bill

Quote from: Diomedes on May 26, 2006, 11:13:49 AM

Good to know we can always count on our resident Stuart Smalley to attack Bush, even when he's not being defended.



Fixed.
I believe I've passed the age of consciousness and righteous rage
I found that just surviving was a noble fight.
I once believed in causes too,
I had my pointless point of view,
And life went on no matter who was wrong or right.

Diomedes

There is considerable overlap between the intelligence of the smartest bears and the dumbest tourists." - Yosemite Park Ranger

Susquehanna Birder

Quote from: dis12 on May 26, 2006, 11:35:37 AMwe've been on SAP for 4 years.  it took a whole 2 years just to get comfy with it.  Initial training is unbearable.  It is a great overall system, but requires a lot of daily babysitting (every nuance is analyzed/critiqued), not to mention the costs of having consultants for every module.     I wish you luck!

My company started SAP a long time ago, got pissed at the whole thing it, cut it out, and then changed their minds. Now it's moving forward. Slowly, but forward. It's a real love-hate relationship. Part of the problem here is that we're somthing of The Borg of the corporate world, and it's hard to get all the acquired bits to cooperate.

Phanatic

Quote from: dis12 on May 26, 2006, 11:02:15 AM
Quote from: Diomedes on May 25, 2006, 12:13:53 PM
May they rot in hell.

those Enron arseholes are the ones that resulted in all this Sarbanes-Oxley (aka: SOX*) crap being instituted.  It's made my life a living Accounting hell  >:(

* - rules designed to require ongoing evaluation of the effectiveness of corporate internal controls and disclosures (see, it even sounds scary)


When I found out that Sarbanes-Oxley were actual people who actually legislated this crap I immediatly wanted to find them and slap them in the face. They took a case where the corporate exec screws the workers out of millions and used it to force the workers all over the country to audit themselves. WTF! I needed more useless TPS reports really...
This post is brought to you by Alcohol!

Susquehanna Birder

What's funny is that I seem to be flying under the SOX radar. They've asked about things here, but there's very little we do here that involves the stuff they're concerned about.

dis12

Quote from: Susquehanna Birder on May 26, 2006, 01:20:59 PM
What's funny is that I seem to be flying under the SOX radar. They've asked about things here, but there's very little we do here that involves the stuff they're concerned about.
I would assume that unless you are a publicly traded company, you don't have to worry that much about SOX...just the corp execs who might be ripping-off the company. :o
C6 at the WAC

*** SPD ***

dis12

Quote from: Susquehanna Birder on May 26, 2006, 12:05:21 PM
Quote from: dis12 on May 26, 2006, 11:35:37 AMwe've been on SAP for 4 years.  it took a whole 2 years just to get comfy with it.  Initial training is unbearable.  It is a great overall system, but requires a lot of daily babysitting (every nuance is analyzed/critiqued), not to mention the costs of having consultants for every module.     I wish you luck!

My company started SAP a long time ago, got pissed at the whole thing it, cut it out, and then changed their minds. Now it's moving forward. Slowly, but forward. It's a real love-hate relationship. Part of the problem here is that we're somthing of The Borg of the corporate world, and it's hard to get all the acquired bits to cooperate.

I heard many companies did something similar (plug, unplug, replug). 
My firm went with the whole SAP R/3 package.  Being in Finance, it's a bear (we need to know it all).  Good thing is, it's valuable knowledge just in case I ever decide to leave.....any offers??
C6 at the WAC

*** SPD ***

Susquehanna Birder

Not from me. Just a plea to take me with you.   :'(

Wingspan

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PhillyGirl

"Oh, yeah. They'll still boo. They have to. They're born to boo. Just now, they'll only boo with two Os instead of like four." - Larry Andersen