DB-Examiner is a must-have tool for regulatory compliance by assuring the quality of the underlying database schemas

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Regulatory Compliance

Corporate governance, GAAP, SEC regulations, AICPA, and FASB requirements combine to create a very complex challenge for the enterprise. There are few areas of a business that contend for the need to mitigate risk with more urgency than the financial management and controls function in the enterprise.

DB-Examiner provides a corporation with powerful tools to report the integrity of the mission critical financial databases.

Whether it is internal controls and service level agreements, long standing SEC requirements, newly defined Sarbanes-Oxley Act of 2002 laws governing the audit, or emerging international banking standards such as the Basel Accord – the fiduciary responsibilities of the officers of a corporation continue to expand, and the penalties for non-compliance increase as well.

The Sarbanes – Oxley Act of 2002 Value and Benefits of DB-Examiner to the Corporation
The Sarbanes-Oxley Act of 2002 requires a new level of accountability around reporting a company's financial performance. This act requires that CEOs and CFOs of publicly held companies:
	•	Certify the accuracy of financial statements and financial information issued by their companies
	•	Certify that "internal controls and procedures for financial reporting" have been designed and are in place
	•	Certify that "disclosure controls and procedures" are in place to ensure that all material information relating to the company and its financial condition is made known to them
	•	Report that the controls and procedures for financial reporting and disclosure are effective (or identify material weaknesses)

The greatest risk is not knowing Financial reports and decisions are based on information stored in your company’s databases. These databases serve as a cornerstone asset within your organization’s information technology infrastructure... The quality and integrity of the information in the databases are directly dependent on the quality and consistency of the database structure (schema), where the data definitions, business constraints and data relationships are defined. If the schema has flaws, inconsistencies or mistakes, the quality of the information provided by these databases will be compromised. Generating financial reports using suspect information about the health of the company may be misleading and your top management may be exposed to a great personal cost.

Eliminate the Risks DBE Software, with DB-Examiner provides a means for your company to eliminate these risks, by examining your database schemas, advising on their quality, detecting their problems, explaining the problems and the impacts, making suggestions to fix the problems and generating fixes where no human interference is required.

More Sarbanes-Oxley Act Information.