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David Loshin

Welcome to my BeyeNETWORK Blog. This is going to be the place for us to exchange thoughts, ideas and opinions on all aspects of the information quality and data integration world. I intend this to be a forum for discussing changes in the industry, as well as how external forces influence the way we treat our information asset. The value of the blog will be greatly enhanced by your participation! I intend to introduce controversial topics here, and I fully expect that reader input will "spice it up." Here we will share ideas, vendor and client updates, problems, questions and, most importantly, your reactions. So keep coming back each week to see what is new on our Blog!

About the author >

David is the President of Knowledge Integrity, Inc., a consulting and development company focusing on customized information management solutions including information quality solutions consulting, information quality training and business rules solutions. Loshin is the author of The Practitioner's Guide to Data Quality Improvement, Master Data Management, Enterprise Knowledge Management: The Data Quality Approachand Business Intelligence: The Savvy Manager's Guide. He is a frequent speaker on maximizing the value of information. David can be reached at loshin@knowledge-integrity.com or at (301) 754-6350.

Editor's Note: More articles and resources are available in David's BeyeNETWORK Expert Channel. Be sure to visit today!

I came across a few articles last week talking about easing the cost of compliance for small and medium companies for Sarbane Oxley.  This article from the New York Times comments that "the House Financial Services Committee moved to permanently exempt companies worth less than $75 million from the auditing provisions of the Sarbanes-Oxley Act."

Despite its being touted as a measure to ease the financial burden, I have reservations about this for two reasons. First, eliminating the auditing provision essentially removes any capability to ensure investors that there are processes in place to verify that the financial data meets specified compliance criteria. In turn, this opens the door for noncompliance and places the burden on the shareholders to force the company to be honest about the company's finances.

Second, it eliminates the need to institute a key best practice for data quality management - transparent inspection and monitoring of enterprise data. As a data quality practitioner, I am disappointed that the government is stepping away from mandated data quality management and data governance.

Posted November 13, 2009 6:48 AM
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