2026-09-18T21:44:39Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/333442026-06-06T01:04:21Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Daniel W. Engels.
Schannon, David R. (David Reed)
Massachusetts Institute of Technology. Dept. of Electrical Engineering and Computer Science.
Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
2006-07-13T15:16:55Z
2006-07-13T15:16:55Z
2005
2005
http://hdl.handle.net/1721.1/33344
62395412
Thesis (M. Eng. and S.B.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 2005.
Includes bibliographical references (p. 77-78).
In the early years of the 21st century, a number of corporate accounting scandals forced the government to hastily adopt regulations aimed at protecting investors and restoring confidence in the financial markets. Among its provisions, the Sarbanes-Oxley Act of 2002 requires public companies on a best effort basis to set up internal controls and procedures ensuring the proper collection and recording of data in their financial statements. The ambiguity and qualitative nature of the law exposes companies to the necessity of providing fine-grained item level financial information. Such information is made possible by the application of advanced technologies such as Radio Frequency Identification (RFID). As companies begin to use RFID systems to comply with the Sarbanes-Oxley Act, the Act's deficiencies and insatiable requirement for detailed information will provide fertile ground for lawsuits against those companies that do not fully implement item level RFID technologies. Policymakers will need to revise and clarify the Sarbanes-Oxley Act in order to avoid these costly lawsuits and to protect the values on which the Act was written.
by David R. Schannon.
M.Eng.
S.B.
95 p.
4584342 bytes
4588262 bytes
application/pdf
application/pdf
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Electrical Engineering and Computer Science.
The impact of radio frequency identification on the Sarbanes-Oxley Act of 2002
Thesis
application/pdf
Publication
unknown
unknown
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