Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Research, Society and Development |
Texto Completo: | https://rsdjournal.org/index.php/rsd/article/view/11374 |
Resumo: | In the nineties, some US publicly traded companies defrauded their financial results, generating an image of unreal stability. This situation affected the degree of investor confidence, creating the Sarbanes-Oxley Act (SOX), which forced companies to adapt their processes, including those of Information Technology (IT) to the rules of that law. The objective of this work was to analyze the impact caused to the IT operational processes with their adaptation to the requirements of the SOX in a company in the financial sector. This objective was sought by analyzing the information obtained, comparing the situations of various IT operational processes in the Pre and Post SOX periods. Descriptive and exploratory research methodology was adopted. Along with the bibliographic survey, real data reported by professionals who participated in the activities covered in the work were collected through the application of unstructured interviews. The bibliographic survey showed that, although important, there are few works that present the impact and the adequacy of the SOX to their IT operational processes. Most of them are related to process management, which reveals the importance of this work. The results showed the need to implement SOX control processes, such as the creation of a control table to monitor the processing, also showed that there were increases in the processing times of the batch routines and processing of the online applications due to the increase in information generated and stored. It was concluded that there was an impact on the operational processes with their adaptation to the requirements of SOX. |
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Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial companyAnálisis del impacto de la adecuación de los procesos de tecnología de la información operativa a los requisitos de la ley Sarbanes-Oxley en una empresa financieraAnálise do impacto da adequação nos processos operacionais de tecnologia da informação às exigências da lei Sarbanes-Oxley em empresa do ramo financeiroLey Sarbanes-OxleySOXGobierno corporativoGobierno de tecnologías de la informaciónRama financiera.Sarbanes-Oxley ActSOXCorporate governanceInformation technology governanceFinancial branch.Lei Sarbanes-OxleySOXGovernança corporativaGovernança de tecnologia da informaçãoRamo financeiro. In the nineties, some US publicly traded companies defrauded their financial results, generating an image of unreal stability. This situation affected the degree of investor confidence, creating the Sarbanes-Oxley Act (SOX), which forced companies to adapt their processes, including those of Information Technology (IT) to the rules of that law. The objective of this work was to analyze the impact caused to the IT operational processes with their adaptation to the requirements of the SOX in a company in the financial sector. This objective was sought by analyzing the information obtained, comparing the situations of various IT operational processes in the Pre and Post SOX periods. Descriptive and exploratory research methodology was adopted. Along with the bibliographic survey, real data reported by professionals who participated in the activities covered in the work were collected through the application of unstructured interviews. The bibliographic survey showed that, although important, there are few works that present the impact and the adequacy of the SOX to their IT operational processes. Most of them are related to process management, which reveals the importance of this work. The results showed the need to implement SOX control processes, such as the creation of a control table to monitor the processing, also showed that there were increases in the processing times of the batch routines and processing of the online applications due to the increase in information generated and stored. It was concluded that there was an impact on the operational processes with their adaptation to the requirements of SOX.En la década de 1990, algunas empresas estadounidenses que cotizan en bolsa defraudaron sus resultados financieros, creando una imagen de estabilidad irreal. Esta situación afectó el grado de confianza de los inversores, creando la Ley Sarbanes-Oxley (SOX), que obligó a las empresas a adecuar sus procesos, incluidos los de Tecnologías de la Información (TI), a las normas de dicha ley. El objetivo de este trabajo fue analizar el impacto causado a los procesos operativos de TI con su adecuación a los requerimientos de SOX en una empresa del sector financiero. Este objetivo se persiguió mediante el análisis de la información obtenida, comparando las situaciones de los distintos procesos operativos de TI en los periodos Pre y Post SOX. Se adoptó una metodología de investigación descriptiva y exploratoria. Junto con el levantamiento bibliográfico, se recogieron datos reales reportados por los profesionales que participaron en las actividades contempladas en el trabajo, mediante la aplicación de entrevistas no estructuradas. El relevamiento bibliográfico mostró que, aunque importante, hay pocos estudios que presenten el impacto y la adecuación de SOX a sus procesos operativos de TI. La mayoría de ellos están relacionados con la gestión de procesos, lo que revela la importancia de este trabajo. Los resultados mostraron la necesidad de implementar procesos de control SOX, como la creación de una tabla de control para monitorear el procesamiento, también mostraron que hubo un aumento en los tiempos de procesamiento de las rutinas por lotes y procesamiento de las aplicaciones en línea debido al aumento de la información generada y almacenado. Se concluyó que hubo impacto en los procesos operativos con su adaptación a los requerimientos SOX.Na década de noventa algumas empresas norte-americanas de capital aberto, fraudaram seus resultados financeiros, gerando imagem de estabilidade irreal. Essa situação abalou o grau de confiança dos investidores, criando a Lei Sarbanes-Oxley (SOX), que obrigou as empresas a adequarem seus processos, inclusive os de Tecnologia da Informação (TI) às regras dessa lei. O objetivo deste trabalho foi analisar o impacto causado aos processos operacionais de TI com sua adequação às exigências da Lei SOX em empresa do ramo financeiro. Este objetivo foi buscado pela análise sobre as informações obtidas, comparando as situações de vários processos operacionais de TI nos períodos Pré e Pós SOX. Adotou-se a metodologia de pesquisa descritiva e a exploratória. Junto ao levantamento bibliográfico, dados reais relatados por profissionais que participaram das atividades abordadas no trabalho foram coletados por meio da aplicação de entrevista não estruturada. O levantamento bibliográfico mostrou, que apesar de importante são poucas as obras que apresentam o impacto e a adequação da Lei SOX aos seus processos operacionais de TI. Boa parte delas estão relacionadas à gestão de processos, o que revela a importância deste trabalho. Os resultados mostraram a necessidade de se implantar os processos de controle SOX, como a criação de uma tabela de controle para monitorar os processamentos, mostraram também que ocorreram aumentos nos tempos dos processamentos das rotinas batch e processamentos das aplicações online em virtude do aumento de informações geradas e armazenadas. Concluiu-se que ocorreu impacto nos processos operacionais com suas adequações às exigências da SOX.Research, Society and Development2021-01-03info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://rsdjournal.org/index.php/rsd/article/view/1137410.33448/rsd-v10i1.11374Research, Society and Development; Vol. 10 No. 1; e7710111374Research, Society and Development; Vol. 10 Núm. 1; e7710111374Research, Society and Development; v. 10 n. 1; e77101113742525-3409reponame:Research, Society and Developmentinstname:Universidade Federal de Itajubá (UNIFEI)instacron:UNIFEIporhttps://rsdjournal.org/index.php/rsd/article/view/11374/10272Copyright (c) 2021 Adriano Arrivabene; Renato José Sassi; Pamela Ferreira Alves Andrelo; Maria Luiza Almeida de Oliveira Mourahttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessArrivabene, Adriano Sassi, Renato JoséAndrelo, Pamela Ferreira Alves Moura, Maria Luiza Almeida de Oliveira 2021-02-20T21:19:23Zoai:ojs.pkp.sfu.ca:article/11374Revistahttps://rsdjournal.org/index.php/rsd/indexPUBhttps://rsdjournal.org/index.php/rsd/oairsd.articles@gmail.com2525-34092525-3409opendoar:2024-01-17T09:33:13.130268Research, Society and Development - Universidade Federal de Itajubá (UNIFEI)false |
dc.title.none.fl_str_mv |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company Análisis del impacto de la adecuación de los procesos de tecnología de la información operativa a los requisitos de la ley Sarbanes-Oxley en una empresa financiera Análise do impacto da adequação nos processos operacionais de tecnologia da informação às exigências da lei Sarbanes-Oxley em empresa do ramo financeiro |
title |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company |
spellingShingle |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company Arrivabene, Adriano Ley Sarbanes-Oxley SOX Gobierno corporativo Gobierno de tecnologías de la información Rama financiera. Sarbanes-Oxley Act SOX Corporate governance Information technology governance Financial branch. Lei Sarbanes-Oxley SOX Governança corporativa Governança de tecnologia da informação Ramo financeiro. |
title_short |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company |
title_full |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company |
title_fullStr |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company |
title_full_unstemmed |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company |
title_sort |
Analysis of the impact of adequacy on operational information technology processes to the requirements of the Sarbanes-Oxley act in a financial company |
author |
Arrivabene, Adriano |
author_facet |
Arrivabene, Adriano Sassi, Renato José Andrelo, Pamela Ferreira Alves Moura, Maria Luiza Almeida de Oliveira |
author_role |
author |
author2 |
Sassi, Renato José Andrelo, Pamela Ferreira Alves Moura, Maria Luiza Almeida de Oliveira |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Arrivabene, Adriano Sassi, Renato José Andrelo, Pamela Ferreira Alves Moura, Maria Luiza Almeida de Oliveira |
dc.subject.por.fl_str_mv |
Ley Sarbanes-Oxley SOX Gobierno corporativo Gobierno de tecnologías de la información Rama financiera. Sarbanes-Oxley Act SOX Corporate governance Information technology governance Financial branch. Lei Sarbanes-Oxley SOX Governança corporativa Governança de tecnologia da informação Ramo financeiro. |
topic |
Ley Sarbanes-Oxley SOX Gobierno corporativo Gobierno de tecnologías de la información Rama financiera. Sarbanes-Oxley Act SOX Corporate governance Information technology governance Financial branch. Lei Sarbanes-Oxley SOX Governança corporativa Governança de tecnologia da informação Ramo financeiro. |
description |
In the nineties, some US publicly traded companies defrauded their financial results, generating an image of unreal stability. This situation affected the degree of investor confidence, creating the Sarbanes-Oxley Act (SOX), which forced companies to adapt their processes, including those of Information Technology (IT) to the rules of that law. The objective of this work was to analyze the impact caused to the IT operational processes with their adaptation to the requirements of the SOX in a company in the financial sector. This objective was sought by analyzing the information obtained, comparing the situations of various IT operational processes in the Pre and Post SOX periods. Descriptive and exploratory research methodology was adopted. Along with the bibliographic survey, real data reported by professionals who participated in the activities covered in the work were collected through the application of unstructured interviews. The bibliographic survey showed that, although important, there are few works that present the impact and the adequacy of the SOX to their IT operational processes. Most of them are related to process management, which reveals the importance of this work. The results showed the need to implement SOX control processes, such as the creation of a control table to monitor the processing, also showed that there were increases in the processing times of the batch routines and processing of the online applications due to the increase in information generated and stored. It was concluded that there was an impact on the operational processes with their adaptation to the requirements of SOX. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-01-03 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://rsdjournal.org/index.php/rsd/article/view/11374 10.33448/rsd-v10i1.11374 |
url |
https://rsdjournal.org/index.php/rsd/article/view/11374 |
identifier_str_mv |
10.33448/rsd-v10i1.11374 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://rsdjournal.org/index.php/rsd/article/view/11374/10272 |
dc.rights.driver.fl_str_mv |
https://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
https://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Research, Society and Development |
publisher.none.fl_str_mv |
Research, Society and Development |
dc.source.none.fl_str_mv |
Research, Society and Development; Vol. 10 No. 1; e7710111374 Research, Society and Development; Vol. 10 Núm. 1; e7710111374 Research, Society and Development; v. 10 n. 1; e7710111374 2525-3409 reponame:Research, Society and Development instname:Universidade Federal de Itajubá (UNIFEI) instacron:UNIFEI |
instname_str |
Universidade Federal de Itajubá (UNIFEI) |
instacron_str |
UNIFEI |
institution |
UNIFEI |
reponame_str |
Research, Society and Development |
collection |
Research, Society and Development |
repository.name.fl_str_mv |
Research, Society and Development - Universidade Federal de Itajubá (UNIFEI) |
repository.mail.fl_str_mv |
rsd.articles@gmail.com |
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1797052744213725184 |