BearingPoint Launches J-SOX Compliance Solution.Global Breadth and Compliance Expertise Provide Unique Ability to Support J-SOX Compliance Efforts MCLEAN, Va. & TOKYO -- BearingPoint Co., Ltd., a subsidiary of BearingPoint, Inc. (NYSE NYSE See: New York Stock Exchange :BE) announced today a new solution to help Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details. comply with J-SOX, a set of laws passed in Japan to ensure the accuracy and reliability of financial reporting by Japanese companies. Japanese companies will be required to comply with J-SOX in and after the fiscal year ending March 2009. Because many Japanese companies are doing business around the world, an important factor in their compliance is the ability to strengthen internal controls at their overseas subsidiaries, especially those that have a material impact on financial reporting. "J-SOX Compliance is a long-term, global issue for many companies with operations in Japan," said J.R. Reagan, managing director and global solution leader of BearingPoint's Risk, Compliance and Security Practice. "BearingPoint's global scale and capabilities in risk, compliance and security give it a special, sustained ability to help companies operating around the globe to prepare for J-SOX compliance." "BearingPoint helped us efficiently conduct J-SOX documentation through testing and remediation using rapidly deployable tools and methodologies," said Mr. Hisashi Takahashi, Head of Treasury Administration, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Branch, Sumitomo Trust Banking Co. Ltd. "They provided globally standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. , high-quality consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , enabling us to comply with J-SOX in our Tokyo, New York and London offices." BearingPoint's J-SOX Compliance Solution supports Japanese companies by leveraging its global base of consultants and their experience and knowledge in J-SOX compliance to help them prepare practices and processes that are consistent with those being used in Japan. BearingPoint's distinctive approach not only helps its clients become J-SOX compliant, but also achieve other underlying goals such as instilling in·still also in·stil tr.v. in·stilled, in·still·ing, in·stills also in·stils 1. To introduce by gradual, persistent efforts; implant: "Morality . . . a risk-aware culture, enhancing risk management capabilities and improving business processes. The company deploys some 250 consultants in Japan as well as an extensive network of consultants in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe and the Asia-Pacific region to support Japanese-based companies in complying with J-SOX. About BearingPoint, Inc. BearingPoint, Inc. (NYSE:BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has over 17,000 employees and major practice areas focusing on the Public Services Public services is a term usually used to mean services provided by government to its citizens, either directly (through the public sector) or by financing private provision of services. , Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and Commercial Services markets. For nearly 100 years, BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. For more information, visit the Company's website at www.BearingPoint.com. Some of the statements in this press release constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on our current expectations, estimates and projections. Words such as "will," "expects," "believes" and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events or our future financial performance that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. As a result, these statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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