Sarbanes-Oxley Act impact on AIS for small public companies

ActDiscussion 3 – AIS and Sarbanes Oxley Act Please discuss the impact of the Sarbanes-Oxley Act on the AIS’s of small public companies. Remember, some public companies are so small that they have only a few employees. Thoughts to consider: 1. Is compliance worth it? Maybe better to go private? 2. What are the AIS requirements for SOX compliance for small public companies? 3. Can you find any examples on the web? 4. Do you have any personal experience with the issue? 5. Is using an ASP (Application Service Provider) always the best choice? When is it, and when is it not? 6. What are some specific software options? How will those options assist with compliance? 7. How do the various standards (e.g., COBIT) relate to small public companies? These are just thoughts to kick off the discussion. Please don’t view them as questions that you have to answer. Some tips on posting: 1. Please limit your total number of posts for this discussion thread to 3. Three posts are required – 1 for your unique opinion and 2 responses (see below grading instructions) 2. Do not exceed three posts. For each post of three, you automatically lose 3 points per additional post. 3. Consolidate different ideas into single posts. 4. Make clear sentences, check spelling, check grammar, avoid typos and simple mistakes to ensure maximum points. You should be treating this as something you would submit to your supervisor for final review of your work product. 5. Links need to be included in all 3 posts for where your research was came from – internet links are fine – just make sure they work. If they do not work, then they do not count. 6. NO AI – any AI used is an automatic 0 (ZERO) for the assignment, even if it is only in one post. All posts may or will be checked for AI – do not be surprised if they are. This is standard for written assignments. If you copy and past from somewhere, use quotes and references so you do not get flagged for AI usage. (see Plagiarism/AI quiz and syllabus) 7. Do not repeat what is already said – focus on your thoughts and new items. Duplicative items show that you did not read what was posted prior to completing your work. You should review all posts at the time of your submission to ensure you are not duplicating other’s items in your unique post. 8. It’s ok to agree or disagree with an existing post, or add to an existing post, but please don’t repeat. Grading Instructions and Content Expectations There is 10 points for your unique post including reference links (without reference links to material for your opinion or thoughts to show research you lose points). There are 5 points for post 2 and post 3, which are responses to your classmates that either agree or disagree with their post, the reason why, and links to your support for why you agree or disagree. This post is worth a total of 20 points.