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Sarbox Changes, AS 5 Allow Internal Audit to Get Back to Business

As a result, they have been able to begin rebalancing internal audit work to include those things that are vital to business, but were all but abandoned once Sarbanes-Oxley hit the books. Those things include advising the board on business strategy and addressing non-Sarbanes-Oxley regulatory-compliance issues.

According to the survey, 1 in 3 audit teams responding report that rebalancing the internal audit workload is in progress, and 1 in 5 say it is complete. Respondents also reported that were able to spend significantly more time and effort reducing the number of key controls than they had planned to spend as of last year's rebalancing survey from Protiviti. Commenting on these results, Protiviti EVP Bob Hirth says:

This is a key indicator that PCAOB AS5 and the SEC's interpretive guidance, both of which allow for such reductions, are having the impact that was intended. more

BA subsidiary OpenSkies to go all-business

OpenSkies currently features 28 seats in premium economy, 24 in business class and five rows of seats in economy class. The economy class section will now make way for 12 additional seats in premium economy (PREM+).

"Since our launch, we have had a tremendously positive reception to our PREM+ service," said Dale Moss, Managing Director of OpenSkies.

This seating configuration will also be used on the carrier’s second service, between Amsterdam and New York, which launches on October 15.

The decision follows BA’s announcement earlier this year that it plans to launch a business class-only service between London City Airport and New York.

The service will offer 32 fully-reclining seats, although a re-fuelling stop will be necessary in Shannon, due to restrictions on the size of the planes able to use the runway at London City. more

Customer service, growth new resource agency focus

Great economic growth is possible with smart, focused and sustained investments in our natural resource-based economy and more effective marketing of Maine's products and experiences.

Maine is perfectly positioned to take advantage of growing demand for energy, water, food, fiber and quality outdoor experiences. And the state's natural resources offer many opportunities to reduce energy costs for our citizens and businesses.

As a member of the Natural Resources Agency Task Force, charged by Governor John Baldacci and the Legislature to reorganize five agencies, I'm excited and intrigued by the possibilities.

Specifically, we're asked to "consider all ideas and organizational configurations, eliminate duplication and create greater efficiencies to improve the delivery of services to the citizens of the State of Maine associated with the natural resources sector."

I believe the challenge is much greater than a simple reorganization. more

Styles: experimental ambient minimal classical business

Jim O'Rourke gets the reissue treatment from Drag City, the Chicago label better known for hyphenated folk stalwarts like Bonnie "Prince" Billy and Joanna Newsom, two artists for whom O'Rourke has done engineering or production work in the past. On Tamper, we get a much less accessible O'Rourke, reminiscent of the innovative instrumentalist who has frequented the likes of Derek Bailey, Eddie Prevost, and Keith Rowe since his college days. The three classically-minded pieces on this record dilate and deepen through quarter-hour crossfades, attaining violent crescendos and murmuring in near silence with generous stretches of overlapping, single-note loops in between. For those who appreciate drone and minimal composition, it's quite intriguing stuff.

"Spirits Never Forgive" swells patiently toward a climactic, birthlike highpoint, starting with nearly inaudible pulses before queasy, cosmic oscillators jangle through each other and Tony Conrad-style violins squeal away like agitated bats. more

Stretching the marketing budget

But more media serving an increasingly diverse array of consumer interests should be very good news if public relations is a major part of your marketing plan.

Quite simply, more media covering more topics creates more publicity opportunities. And because this huge array of print titles, broadcast stations and websites are increasingly niched, the information they carry is more interesting and relevant to their audiences. Consequently readers, listeners, viewers and web-surfers are more likely to see or hear and be receptive to your message. Best of all public relations doesn't cost a fortune.

Of course this doesn't automatically mean that your PR department or agency is able to take advantage of all the opportunities that increasing media fragmentation provides. Too often there's a tendency not to move outside the comfort zone, to keep pushing the same tired press releases to the same contacts and not actively seek new opportunities. more

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