Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CBA Management Partners with Questionmark to Provide Sarbanes-Oxley Compliance Solution.


Business Editors/High-Tech Writers

STAMFORD, Conn. & NEW YORK--(BUSINESS WIRE)--Nov. 12, 2003

Business audit and risk management specialists CBA See Capital Builder Account.  Management will use Questionmark(TM) Perception(TM) testing and assessment software to help businesses comply with the new Sarbanes-Oxley regulations.

Perception is the key technology platform behind an integrated internal control and risk management solution, IC-QUEST, which provides online assessment metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM.  for grading and evaluating the existing level of companies' internal control. This turnkey See turnkey system.  solution is designed to help firms comply with the new regulations covered by Sections 302 (Disclosure Controls and Procedures) and 404 (Internal Control over Financial Reporting). IC-QUEST offers:

-- Nine questionnaires on business processes

-- More than 1000 "closed" questions, with related risk and risk

responses portfolio

-- Key references for multi-purpose reports

-- Real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  assessment and reports to top management

-- Consolidation of results at group level, with drill-down

capability

-- User-friendly interface and administration

-- Dynamic monitoring on a continuous improvement scheme

"Given the urgency of Sarbanes-Oxley compliance, it was crucial to publish internal control questionnaires online quickly, easily and effectively" said Patrick Cadoret-Manier, Director for CBA Management (America). "Questionmark Perception provides the scalability and reliability we need to deploy our business audit, internal control and risk management solutions," added Jean-Jacques Quang, CBA Management Partner. "With it, we can rapidly bring to market an innovative product for large multinational corporations

Main article: multinational corporations

  • ABB
  • ABN-Amro
  • Accenture
  • Aditya Birla
  • Affiliated Computer Services Inc
  • Airbus
  • Allianz
  • Altria Group
  • American Express
  • Akzo Nobel
  • Apple Inc.
 that require real-time monitoring and analysis of Internal Control, while providing shared resources Sharing a peripheral device (disk, printer, etc.) among several users. For example, a file server and laser printer in a LAN are shared resources. Contrast with shared logic.  to reinforce existing procedures." "The Sarbanes-Oxley compliance process generally takes about six months, so this alliance comes at just the right time to help firms meet the compliance deadline in the spring of 2004," commented Questionmark President Eric Shepherd. "We are excited about working with CBA Management, whose extensive experience with internal audits makes them well-suited to help companies ensure compliance."

About CBA Management and IC-QUEST

CBA Management focuses on three core activities:

1. Accompanying multinationals in their general audit missions, with a flexible organizational mindset mind·set or mind-set
n.
1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations.

2. An inclination or a habit.
 of increasing resources and sharing of competencies and know-how. 2. Assisting large corporations in the deployment of their financial and administrative organizations (implementing financial management tools, reporting and procedures as well as providing interim services on specifics issues). 3. Developing technology and methodology solutions addressing the specific requirements of internal control and Enterprise Risk Management." CBA Management has offices in the US and in Europe. The company's website is at http://www.cbamanagement.com/ IC-QUEST is a software application developed by CBA Management, dedicated to the deployment of a performing internal control system. Complete details about IC-QUEST are available at http://www.ic-quest.com/

About Questionmark

Questionmark has some 1,800 customers at corporations, colleges, universities and government agencies in more than 50 countries. The company has been producing testing and assessment software since 1988, enabling educators and trainers to write, administer, and report on tests and surveys securely using individual PCs, local networks, the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
, and intranets. Questionmark Perception users can categorize cat·e·go·rize  
tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es
To put into a category or categories; classify.



cat
 their question banks into topics and sub-topics from which to assemble tests and surveys. They can shuffle questions and answers for each participant and preview assessments to see how they will appear post-deployment. They can present questions with videos, graphics and a wide variety of styles. Participants receive feedback as specified by the author. Answers are saved to an encrypted en·crypt  
tr.v. en·crypt·ed, en·crypt·ing, en·crypts
1. To put into code or cipher.

2. Computer Science
 file for scoring and analysis in a variety of report formats.

Typical applications of Perception include exams, quizzes, study aids, diagnostic tests, pre-course skills assessments, and course evaluations A course evaluation is a paper or electronic questionnaire, which requires a written or selected response answer to a series of questions in order to evaluate the instruction of a given course. . Questionmark has offices 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. , England, and Belgium, with distributors worldwide. Call 800-863-3950 or visit http://www.questionmark.com for more information.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 12, 2003
Words:593
Previous Article:CharisMac's FireDino is Back; Award Winning 4-port Firewire Breathing Hub is Determined to Bring Order to Your Desktop.
Next Article:HP Makes Inkjet Print Cartridge Recycling Easier; Free Postage-Paid Envelopes Provide Consumers and Businesses with Convenient Recycling for Their HP...



Related Articles
Risk management. (Technology Tools).
Legislation, regulation, and the role of the AMC: as illustrated with the Sarbanes-Oxley Act, AMCs play a key role in informing and protecting their...
Compliance.
PCAOB issues internal control standards ED.
Defining moment for good governance: research from both Financial Executives Research Foundation and Robert Half international find that...
Ask FERF (financial executives research foundation) about ... private company compliance with section 404.
Regulatory compliance.
Tips for the Sarbanes-Oxley learning curve: the act has brought more complexity to firm management; here's some broad-based help.
Is software the solution for Sarbanes-Oxyley.
Governance/compliance.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles