Twelve fundamental questions analyzing the action of companies Kerpen specifically, 03.07.2008 – according to a study of the management consultancy Exagon, the enterprises have employed so far only very cautious with the directive since the end of June to euro-SOX. It is intended to avoid a higher transparency of important corporate information financial scandals like in the past. Euro-SOX applies to all companies with a balance sheet total of more than just under 90 million. Exagon a euro-SOX quick test developed to sensitize the companies for a more proactive employment with the requirements. He tells you a trend, the need for action is urgent and extensive”, explains Exagon CEO Joachim Fremmer: 1 know you the exact requirements of euro-SOX and their validity for your company? 2. is there an internal euro-SOX project group to the planning and implementation of the euro-SOX compliant financial reporting processes? 3.

are the existing revision procedure sufficiently for the Requirements of euro-SOX? 4. is there inside of IT a sufficient understanding of the internal control procedures and processes for financial reporting purposes? 5. are your IT organization and IT processes sufficiently transparent, so that effective control can be implemented? 6 If are the entire systems identified, are important for euro-SOX? 7. is there a sufficient risk analysis of these systems? 8 you know exactly where you need to put the different controls for different control levels (General IT controls, application controls, company-level controls) in IT? 9. are the controls for content requirements defined? 10 there are concrete plans with regard to the competence and qualification of employees for the controls? 11 are there any precise procedures for documentation and testing of the entire controls? 12. the controls are with respect to their localization, coordinated efficacy and documentation in detail with the accountants? Fremmer however limits, that the Exagon rapid test for euro-SOX only an initial importance can and should not be misunderstood as a sufficiently comprehensive assessment grid.

Rather a comprehensive design requirements could hide behind each of these aspects, so that they meet the legal conditions. This test is the responsible but used internally or even opposite to ask the necessary questions the Auditors specifically to illuminate the extent of euro-SOX requirements.” About Exagon: The Exagon consulting & solutions GmbH has been established since 1994 as an independent IT consulting firm on the market. The business focus is on holistic support of its customers in establishing a professional IT service management, with regard to the strategic, organisational and also operational aspects. This includes Exagon performance portfolio both consulting services such as extensive training. Customers include companies and institutions such as BASF, Bayer, German Defense Ministry, DEKRA, Deutsche Bank, Heraeus, Hessian Centre for Data processing, Postbank, T-systems, TuV Sud, Vodafone D2 and the German Woolworth. Exagon consulting & solutions gmbh Heinrich-Hertz-str. 13 D-50170 Kerpen-Sindorf Tel.