Theme 1: Role of the CIO What CIO characteristics do you think were important in this hiring decision? The Sarbanes Oxley Act requires the SEC to review 1/3 of the companies registered with the SEC each year. While congress increased the SEC budget from $514m to $716m they could not hire accountants and examiners quickly enough to comply with the law. Effective utilization of technology to automate much of the review process was the only available solution. …showed first 75 words of 4533 total…

…showed last 75 words of 4533 total…Framework when making investment decisions. This framework doesn't look at mere book value when evaluating a company. This system rates a company's ability to increase it's future market share. Instead of just taking tangible assets under consideration, this framework also looks at intangible assets like: ideas, intellectual capital, systems, brand recognition, culture, and even ethics. It is foolish to invest solely on tangible assets, especially since intangible assets are usually more valuable then tangible assets