a) Formulate recommendations for how Trinity could further reduce SOX-related expenses in 2008. Be sure to consider the barriers the company may encounter with each of your recommendations.
b) What are the major sources of cost in Trinity’ s compliance maintenance and testing?
c) Rank each of the major sources of cost in terms of value.
d) Compare the choice of Oracle as the selected software system against two other systems of comparable size and scope. Evaluate each software
system’ s advantages and disadvantages.
e) If you determine that another software system would have been a better choice through your analysis, defend the decision. If Oracle is the
choice after analysis, defend that decision
V. IFRS
a) What are the implications of a change in accounting standards? For example, what kinds of changes to data calculation and information reporting
are likely to occur with a transition to a new standard?
b) What changes will be required for Trinity to improve internal control compliance?
c) What standards will affect Trinity as a result of IFRS?
d) Discuss each infrastructure’ s role is in supporting a compliance project like IFRS:
1. What constitutes Trinity’ s governance infrastructure?