SilentWhistle
Sarbanes Oxley 301
Sarbanes Oxley 301 is often referred to as the whistleblower provision of the Sarbanes Oxley Act of 2002. Sarbanes-Oxley 301 is a section of the act that requires publicly traded organizations to establish a process to manage whistleblower complaints. Many organizations have implemented a number of accounting and financial tools and programs to ensure that they are accurately and honestly recording and reporting their financial situation. Sarbanes-Oxley 301 ensures that employees and other constituents of a public organization have an anonymous method for reporting any concerns with the accounting and auditing processes.
While private and non-profit organizations are not required to meet the regulations defined in Sarbanes Oxley 301, many are finding that an ethics hotline such as SilentWhistle by Allegiance, can help enforce corporate governance and ethics policies, while creating a more honest and open place to work and do business. Sarbanes Oxley 301 has influenced companies to improve the communications among its constituents by providing guidance to establish hotlines that can collect, manage and respond to the feedback. The whistleblower system described in Sarbanes Oxley 301 help to not only capture information, they also deter inappropriate behavior.
SilentWhistle helps organizations, public and private, to meet the guidelines established in Sarbanes Oxley 301. With SilentWhistle in place, organizations can protect an organization and its stakeholders by guarding against fraud, harassment, policy violations, and other abusive actions.
