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 ?