The Sarbanes-Oxley Act Carries The Apocalypse To Strengthen The Internal Control To The China Telecom Operators

The Aron Scandal and the following several financial frauds gave a lesson to the security market of the United States. The investors lost their confidence, and the stock market kept depression. As the fastest reflection, the Congress of the UnitedStates issued the Sarbanes-Oxley Act(SOA) in July, 2002, in order to protect the interests of the investors and recover their confidence through strengthening the governance of the accounting and auditing behaviors of the security market.The SOA builds up very high behavior norm for the listed company in the United States, explicit many unprecedented responsibilities and correspond of punishment. It includes three aspects: the Corporate Governance , the Internal Control and Auditor. But four greatest telecom operators in China have camp the company on securities business in the United States currently, this various regulation systems that make the telecom enterprise must follow China ruler not only, but also need to accept supervision of the American related law, particularly is the SOA . But from the China Telecom Operator in the practice of the Internal Control to see, it is difficult to lie in currently the Internal Control guide frame to the China Telecom Operators to obey the SOA..Currently China four greatest Telcom Operator is setting up the Internal Control system of the SOA request. It is important to set up the Internal Control based Information Technique(IT). The Telecom operator must make the Internal Control Perfect , especially on the background where the information-based level of the telecom enterprise is very high, the business process depend on the IT process . How the Telecom Operators is set up a set of system with the Internal Control System based IT in a short time? SO it is important to make the Telecom Operators sucessfully pass the evaluation the Internal Control activity based IT.