Sarbanes-Oxley Compliance - Making Your Company More Accessible
The U.S. federal Sarbanes-Oxley Act was created to protect investors by improving the accuracy and reliability of corporate disclosures. The act covers issues such as establishing a public company accounting oversight board, auditor independence, corporate responsibility and enhanced financial disclosure. The act came after a series of financial scandals, including those affecting Enron and WorldCom.
Sarbanes-Oxley compliance may be difficult for your company to adhere to at first, but in the l Read More...
All entities that process health care data must comply with HIPAA. Such entities mainly include healthcare providers and insurance companies. According to the provisions made under this Act, any entity that transmits or stores the private health care information of an individual must comply with certain security regulations.
To ensure smooth compliance with HIPAA, the Department of Health and Human Services (HHS) has the authority to decide which particular codes should be used to identify admi Read More...
VAT Compliance - International Tax Liability
International VAT compliance can be a tricky thing to deal with, since taxes on certain things might be higher or lower than others. In some countries, food is taxes, while in others it is not. Do you know which category your home country falls under? Do you know how to properly apply VAT to your sales charges? Do you know exactly what to do with the taxes that you collect?
VAT taxes are meant to go to the government to help provide services and to help to fund the running of that governmen Read More...