Key Control System

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Sharp R-530ES 2-Cubic-Foot 1200-Watt Microwave, Stainless Steel and Black Sharp R-530ES 2-Cubic-Foot 1200-Watt Microwave, Stainless Steel and Black
List Price: $299.99
Sale Price: $279.00

The browning, baking, broiling, crisping, microwaving ""all-in-one"" interactive system is everything anyone could want in a convection microwave oven. The large 1.5 cubic foot interior with its 15-3/8 inch diameter turntable provides plenty of space for a wide range of traditional and microwave cooking needs...


Check Ebay for key control system products. Ebay can be a great resource for finding most anything you desire!

RFID Proximity Door Lock Access Control System +10 Keys
RFID Proximity Door Lock Access Control System +10 Keys
$13.99
End Date: Saturday May-26-2012 10:31:25 PDT
Buy It Now for only: $13.99
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RFID Proximity Entry Door Lock Access Control System+10 RDID Key Fobs oq
RFID Proximity Entry Door Lock Access Control System+10 RDID Key Fobs oq
$0.99
End Date: Wednesday May-23-2012 22:06:53 PDT

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RFID Proximity Entry Door Lock Access Control System + 10 Key Fobs
RFID Proximity Entry Door Lock Access Control System + 10 Key Fobs
$11.88
End Date: Thursday Jun-21-2012 22:34:36 PDT
Buy It Now for only: $11.88
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1 Way Security Protect Car Auto Vehicle Burglar Alarm System Remote Control Key
1 Way Security Protect Car Auto Vehicle Burglar Alarm System Remote Control Key
$27.57
End Date: Thursday May-31-2012 19:10:36 PDT
Buy It Now for only: $27.57
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RFID Proximity Door Lock Access Control System +10 Keys
RFID Proximity Door Lock Access Control System +10 Keys
$7.25
End Date: Monday Jun-18-2012 23:36:32 PDT
Buy It Now for only: $7.25
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98 99 00 01 02 Celica KEYLESS ENTRY REMOTE KEY FOB CONTROL dealer port installed
98 99 00 01 02 Celica KEYLESS ENTRY REMOTE KEY FOB CONTROL dealer port installed
$49.67
End Date: Friday Jun-22-2012 3:42:56 PDT
Buy It Now for only: $49.67
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8 Pcs  315MHz Wireless Remote Control Key Telecontrol for Home Alarm System
8 Pcs 315MHz Wireless Remote Control Key Telecontrol for Home Alarm System
$28.99
End Date: Wednesday Jun-20-2012 1:06:47 PDT
Buy It Now for only: $28.99
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RFID Door Lock Proximity Access Control Panel System and 10 Keys Kefobs Silver
RFID Door Lock Proximity Access Control Panel System and 10 Keys Kefobs Silver
$14.70
End Date: Friday Jun-8-2012 0:48:57 PDT
Buy It Now for only: $14.70
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Wireless Remote Control Key Telecontrol For Security Home Alarm System 433MHz
Wireless Remote Control Key Telecontrol For Security Home Alarm System 433MHz
$3.45
End Date: Sunday Jun-17-2012 5:42:19 PDT
Buy It Now for only: $3.45
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Wireless Remote Control Key Telecontrol 315MHz for Home Alarm Security System
Wireless Remote Control Key Telecontrol 315MHz for Home Alarm Security System
$3.99
End Date: Monday Jun-18-2012 5:16:16 PDT
Buy It Now for only: $3.99
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RFID Proximity Door Lock Access Control System +10 Keys
RFID Proximity Door Lock Access Control System +10 Keys
$40.00
End Date: Tuesday May-29-2012 17:58:45 PDT
Buy It Now for only: $40.00
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Vocopro Bravopro 160w Digital Key Control Cd cdg Cassette System
Vocopro Bravopro 160w Digital Key Control Cd cdg Cassette System
$199.00
End Date: Saturday May-26-2012 17:30:29 PDT
Buy It Now for only: $299.00
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4 Pcs  315MHz Wireless Remote Control Key Telecontrol for Home Alarm System
4 Pcs 315MHz Wireless Remote Control Key Telecontrol for Home Alarm System
$14.99
End Date: Wednesday Jun-20-2012 1:04:48 PDT
Buy It Now for only: $14.99
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KARAOKE SYSTEM MACHINE CD CD+G MP3+G+KEY CONTROLLER+RECORD VOICE w 100 SONGS
KARAOKE SYSTEM MACHINE CD CD+G MP3+G+KEY CONTROLLER+RECORD VOICE w 100 SONGS
$69.95
End Date: Wednesday May-30-2012 16:31:02 PDT
Buy It Now for only: $69.95
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1 Way Car Alarm Security System + Remote Control + Key
1 Way Car Alarm Security System + Remote Control + Key
$58.59
End Date: Thursday Jun-14-2012 8:03:19 PDT
Buy It Now for only: $58.59
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44 Key IR Infrared Remote Control System Changing For RGB LED Light Strip
44 Key IR Infrared Remote Control System Changing For RGB LED Light Strip
$9.99
End Date: Wednesday Jun-6-2012 20:02:02 PDT
Buy It Now for only: $9.99
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Wireless IR System  24Key IR remote controller + IR Receiver + DC Wire
Wireless IR System 24Key IR remote controller + IR Receiver + DC Wire
$4.99
End Date: Wednesday Jun-13-2012 3:54:50 PDT
Buy It Now for only: $4.99
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New Wireless Remote Control Key Telecontrol For My  HOME Alarm System 315 MHz
New Wireless Remote Control Key Telecontrol For My HOME Alarm System 315 MHz
$3.87
End Date: Thursday Jun-14-2012 10:58:01 PDT
Buy It Now for only: $3.87
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5M 5050 Waterproof RGB 300 SMD LED Strip+24 Key IR Remote Controller System
5M 5050 Waterproof RGB 300 SMD LED Strip+24 Key IR Remote Controller System
$36.99
End Date: Thursday Jun-7-2012 10:09:46 PDT
Buy It Now for only: $36.99
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Wireless Remote Control Key Telecontrol For Security Home Alarm System 315 MHz
Wireless Remote Control Key Telecontrol For Security Home Alarm System 315 MHz
$3.45
End Date: Sunday Jun-17-2012 5:07:25 PDT
Buy It Now for only: $3.45
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200W 9 STEP DIGITAL KEY CONTROL KARAOKE MACHINE VOCAL MIXING AMPLIFIER SYSTEM
200W 9 STEP DIGITAL KEY CONTROL KARAOKE MACHINE VOCAL MIXING AMPLIFIER SYSTEM
$219.95
End Date: Thursday May-31-2012 16:21:48 PDT
Buy It Now for only: $219.95
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RFID Proximity Entry Door Lock Access Control System+10 RDID Key Fobs oq
RFID Proximity Entry Door Lock Access Control System+10 RDID Key Fobs oq
$0.99 (1 Bid)
End Date: Wednesday May-30-2012 0:54:45 PDT

Bid now | Add to watch list

New Wireless Remote Control Key Telecontrol For My 99 Zones Alarm System 315 MHz
New Wireless Remote Control Key Telecontrol For My 99 Zones Alarm System 315 MHz
$3.45
End Date: Friday Jun-8-2012 3:36:27 PDT
Buy It Now for only: $3.45
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Keri System Proximity Key Tag Keytag Access Control Fob
Keri System Proximity Key Tag Keytag Access Control Fob
$6.99
End Date: Friday Jun-8-2012 13:14:22 PDT
Buy It Now for only: $6.99
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REMOTE BAB237131 022 TRANSPONDER KEYLESS ENTRY REPLACEMENT REMOTE OEM RED LED
REMOTE BAB237131 022 TRANSPONDER KEYLESS ENTRY REPLACEMENT REMOTE OEM RED LED
$40.99
End Date: Friday Jun-22-2012 3:16:25 PDT
Buy It Now for only: $40.99
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315MHz WIRELESS REMOTE CONTROL KEY FOB FOR GSM BASED SECURITY ALARM SYSTEM
315MHz WIRELESS REMOTE CONTROL KEY FOB FOR GSM BASED SECURITY ALARM SYSTEM
$3.50
End Date: Saturday Jun-2-2012 13:18:00 PDT
Buy It Now for only: $3.50
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Power 632 PC1555MX DSC Alarm System Control Panel Box w keys
Power 632 PC1555MX DSC Alarm System Control Panel Box w keys
$18.74
End Date: Tuesday Jun-19-2012 14:19:25 PDT
Buy It Now for only: $18.74
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KAWAMALL Security RFID Gate Door Lock Access Control System+Key
KAWAMALL Security RFID Gate Door Lock Access Control System+Key
$16.98
End Date: Saturday Jun-16-2012 9:07:58 PDT
Buy It Now for only: $16.98
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44 Key IR Infrared Remote Control + Receiver System For RGB LED Light Lamp Strip
44 Key IR Infrared Remote Control + Receiver System For RGB LED Light Lamp Strip
$8.99
End Date: Monday Jun-11-2012 19:50:03 PDT
Buy It Now for only: $8.99
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New RFID Proximity Door Lock Access Control System +10 Kefobs Keys Silver Useful
New RFID Proximity Door Lock Access Control System +10 Kefobs Keys Silver Useful
$12.49
End Date: Tuesday Jun-12-2012 21:45:31 PDT
Buy It Now for only: $12.49
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RFID Door Lock Proximity Access Control System +10 Keys
RFID Door Lock Proximity Access Control System +10 Keys
$13.14
End Date: Monday Jun-11-2012 2:58:13 PDT
Buy It Now for only: $13.14
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RGB Wireless IR System  24Key IR remote controller + IR Receiver + DC Wire
RGB Wireless IR System 24Key IR remote controller + IR Receiver + DC Wire
$2.25 (2 Bids)
End Date: Wednesday May-23-2012 19:58:11 PDT

Bid now | Add to watch list

RFID Proximity Door Lock Access Control System + 10Keys
RFID Proximity Door Lock Access Control System + 10Keys
$13.56
End Date: Monday Jun-11-2012 8:39:27 PDT
Buy It Now for only: $13.56
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Key Storage  Lock Box Key Control System 115 NEW
Key Storage Lock Box Key Control System 115 NEW
$25.95
End Date: Thursday May-31-2012 18:27:49 PDT
Buy It Now for only: $25.95
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RFID Proximity Door Lock Access Control System +10 Keys
RFID Proximity Door Lock Access Control System +10 Keys
$12.00
End Date: Thursday Jun-14-2012 18:34:37 PDT
Buy It Now for only: $12.00
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RFID Entry Metal Door Lock Access Control System+10 key
RFID Entry Metal Door Lock Access Control System+10 key
$28.98
End Date: Friday May-25-2012 1:07:10 PDT
Buy It Now for only: $28.98
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1997 VW PASSAT GLS GLX TDI REMOTE KEY CONTROL FOB KEYLESS TRANSMITTER BOB ENTRY
1997 VW PASSAT GLS GLX TDI REMOTE KEY CONTROL FOB KEYLESS TRANSMITTER BOB ENTRY
$35.99
End Date: Wednesday Jun-13-2012 9:29:28 PDT
Buy It Now for only: $35.99
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RFID Proximity Door Lock Access Control System +10 Keys
RFID Proximity Door Lock Access Control System +10 Keys
$13.78
End Date: Thursday Jun-21-2012 19:18:01 PDT
Buy It Now for only: $13.78
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Wireless Remote Control Key Telecontrol For Security Home Alarm System 315 MHz
Wireless Remote Control Key Telecontrol For Security Home Alarm System 315 MHz
$4.42
End Date: Sunday Jun-17-2012 4:11:25 PDT
Buy It Now for only: $4.42
Buy It Now | Add to watch list
New 44 Key IR Remote Control System Changing For RGB LED Light Strip Led Lamp
New 44 Key IR Remote Control System Changing For RGB LED Light Strip Led Lamp
$9.99
End Date: Tuesday Jun-5-2012 0:31:14 PDT
Buy It Now for only: $9.99
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Pro RFID Proximity Entry Keypad Door Lock Access Control System w 10pcs ID Key
Pro RFID Proximity Entry Keypad Door Lock Access Control System w 10pcs ID Key
$59.90
End Date: Thursday Jun-21-2012 9:50:52 PDT
Buy It Now for only: $59.90
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RFID Proximity Entry Door Lock Access Control System+10 RDID Key Fobs oq
RFID Proximity Entry Door Lock Access Control System+10 RDID Key Fobs oq
$0.99
End Date: Friday May-25-2012 0:12:21 PDT

Bid now | Add to watch list

RFID Proximity Door Lock Access Control System +10 Kefobs Keys Silver New
RFID Proximity Door Lock Access Control System +10 Kefobs Keys Silver New
$12.80
End Date: Monday Jun-11-2012 3:06:27 PDT
Buy It Now for only: $12.80
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RFID Proximity Door Lock Access Control System +10 Keys
RFID Proximity Door Lock Access Control System +10 Keys
$11.19
End Date: Saturday Jun-2-2012 0:10:51 PDT
Buy It Now for only: $11.19
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RFID Proximity Entry Door Lock Access Controller System + 10 Key Tags Token New
RFID Proximity Entry Door Lock Access Controller System + 10 Key Tags Token New
$13.95
End Date: Wednesday Jun-20-2012 16:44:14 PDT
Buy It Now for only: $13.95
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PEAVEY DPM C8 88 key DPMC8 MIDI SYSTEM PERFORMANCE CONTROLLER PIANO KEYBOARD
PEAVEY DPM C8 88 key DPMC8 MIDI SYSTEM PERFORMANCE CONTROLLER PIANO KEYBOARD
$799.99
End Date: Monday Jun-4-2012 17:48:57 PDT
Buy It Now for only: $799.99
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PROFESSIONAL KARAOKE+MULTI FORMAT SYSTEM MACHINE w 2 WIRELESS MIC+KEY CONTROL
PROFESSIONAL KARAOKE+MULTI FORMAT SYSTEM MACHINE w 2 WIRELESS MIC+KEY CONTROL
$459.95
End Date: Monday Jun-4-2012 4:45:15 PDT
Buy It Now for only: $459.95
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10 Channels Hoist Crane Radio Remote Control System 3 Motion 2 Function Key 220V
10 Channels Hoist Crane Radio Remote Control System 3 Motion 2 Function Key 220V
$220.00
End Date: Thursday Jun-7-2012 19:49:57 PDT
Buy It Now for only: $220.00
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RFID Entry Door Lock Access Control System with key
RFID Entry Door Lock Access Control System with key
$13.57
End Date: Wednesday Jun-13-2012 18:03:40 PDT
Buy It Now for only: $13.57
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RFID Proximity Door Lock Access Control System +10 Keys
RFID Proximity Door Lock Access Control System +10 Keys
$7.65
End Date: Tuesday May-29-2012 1:15:02 PDT
Buy It Now for only: $7.65
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New RFID Entry Metal Door Lock Access Control System + 10 ID Cards Key Fobs
New RFID Entry Metal Door Lock Access Control System + 10 ID Cards Key Fobs
$45.89
End Date: Wednesday May-23-2012 15:52:58 PDT
Buy It Now for only: $45.89
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Tyco Alarm Suppression Control System Key Lockout Switch
Tyco Alarm Suppression Control System Key Lockout Switch
$30.00
End Date: Friday May-25-2012 7:00:07 PDT
Buy It Now for only: $40.00
Buy It Now | Bid now | Add to watch list
RFID Entry Door Lock Access Control System with key
RFID Entry Door Lock Access Control System with key
$13.35
End Date: Saturday Jun-9-2012 2:43:35 PDT
Buy It Now for only: $13.35
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92 93 94 95 96 97 RAV4 keyless REMOTE KEY CONTROL TRANSMITTER STARTER ENTRY FOB
92 93 94 95 96 97 RAV4 keyless REMOTE KEY CONTROL TRANSMITTER STARTER ENTRY FOB
$36.67
End Date: Thursday Jun-7-2012 5:12:53 PDT
Buy It Now for only: $36.67
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10 Pcs  Wireless Remote Control Key Telecontrol 315MHz for Home Alarm System
10 Pcs Wireless Remote Control Key Telecontrol 315MHz for Home Alarm System
$35.99
End Date: Tuesday Jun-19-2012 11:07:20 PDT
Buy It Now for only: $35.99
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10 Keri Systems Proximity Key Tag Access Control Fobs PKT 10X
10 Keri Systems Proximity Key Tag Access Control Fobs PKT 10X
$57.00
End Date: Saturday Jun-16-2012 13:56:37 PDT
Buy It Now for only: $57.00
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PRESTIGE ELVATCE APS02BT2 KEYLESS REMOTE CONTROL ENTRY CLICKER KEY FOB ALARM BOB
PRESTIGE ELVATCE APS02BT2 KEYLESS REMOTE CONTROL ENTRY CLICKER KEY FOB ALARM BOB
$26.68
End Date: Sunday Jun-10-2012 7:55:50 PDT
Buy It Now for only: $26.68
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Hotsale RFID Proximity Door Lock Access Control System +10 Kefobs Keys
Hotsale RFID Proximity Door Lock Access Control System +10 Kefobs Keys
$13.71
End Date: Saturday May-26-2012 19:49:23 PDT
Buy It Now for only: $13.71
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RFID Entry Door Lock Access Control System + 10 Keys
RFID Entry Door Lock Access Control System + 10 Keys
$41.59
End Date: Monday Jun-11-2012 10:33:23 PDT
Buy It Now for only: $41.59
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RFID Entry Door Access Control System +10 ID Card Key Fobs Brand NEW
RFID Entry Door Access Control System +10 ID Card Key Fobs Brand NEW
$38.99
End Date: Saturday Jun-2-2012 21:59:23 PDT
Buy It Now for only: $38.99
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Here are more key control system products:

Another great resource for key control system products is Amazon. They have far more than just books!

Some Great Products

Sharp R-530ES 2-Cubic-Foot 1200-Watt Microwave, Stainless Steel and Black Sharp R-530ES 2-Cubic-Foot 1200-Watt Microwave, Stainless Steel and Black
List Price: $299.99
Sale Price: $279.00

The browning, baking, broiling, crisping, microwaving ""all-in-one"" interactive system is everything anyone could want in a convection microwave oven. The large 1.5 cubic foot interior with its 15-3/8 inch diameter turntable provides plenty of space for a wide range of traditional and microwave cooking needs...

LOC8TOR Pack LOC8TOR Pack
List Price: $100.99
Sale Price: $169.99

The Loc8tor pack is an ideal gadget that will help you find lost or mislaid possessions. Loc8tor can be used to find almost anything which has a homing tag attached to it - keys digital cameras TV remotes cats mobile phones wallets purses and many many more...

Marcel Tabuteau's Lessons Marcel Tabuteau's Lessons
List Price: $19.98
Sale Price: $15.37
Used From: $15.36

All products are BRAND NEW and factory sealed. Fast shipping and 100% Satisfaction Guaranteed.

EIGHT BALL CHAOS (Jewel Case) EIGHT BALL CHAOS (Jewel Case)
List Price: $9.99
Sale Price: $0.95
Used From: $0.01

Play pool with fun Monster bumpers as you join Sulley for wild and wcky game play.System Requirements:Windows. 95 - 98 - MePentium Class Processor 233 MHz or higher8x CD-ROM drive32 MB RAM110 MB free hard drive space16-bit DirectX compatible 2MB video card16-bit DirectX compatible sound cardKeyboardMouseMacintoshG3 - 233 MHZ Processor or HigherSystem 8...

Nortel Meridian M3905 Telephone Platinum Nortel Meridian M3905 Telephone Platinum
List Price: $349.00
Sale Price: $149.00

Manufacturer's Part # Meridian M3905This product is Brand New.The M3905 Call Center phone is designed to satisfy the specialized needs and enhance the productivity of the most demanding call center agents and supervisors...

Keyspan by Tripp Lite PR-US2 Presentation Remote Wireless w Laser, Mouse Keyspan by Tripp Lite PR-US2 Presentation Remote Wireless w Laser, Mouse
List Price: $79.00
Sale Price: $44.44
Used From: $37.00

Works up to 60' with plug-and-play pliant with USB connectivity for PC or Mac Features a laser safe pointer audio control and 2-button mouse control with cursor controlControls Windows Media Player iTunes and QuickTimeTravel pouch for carrying the remote and receiver

The Ultimate Traveler's Bundle, Luggage Locator Kit with TSA 3 Combination Lock, Color Coordinated, Yellow The Ultimate Traveler's Bundle, Luggage Locator Kit with TSA 3 Combination Lock, Color Coordinated, Yellow
Sale Price: $28.50

Luggage Finder will notify you when your luggage arrives. Simply attach the luggage tag transmitter to your bag and it will notify you when your luggage is within 90 feet of you with a series of beeps, flashes, and vibrations sent to a wireless keychain receiver...

The Ultimate Traveler's Bundle, Luggage Locator Kit with TSA 3 Combination Lock, Color Coordinated, Bold Yellow The Ultimate Traveler's Bundle, Luggage Locator Kit with TSA 3 Combination Lock, Color Coordinated, Bold Yellow
Sale Price: $28.50

Luggage Finder will notify you when your luggage arrives. Simply attach the luggage tag transmitter to your bag and it will notify you when your luggage is within 90 feet of you with a series of beeps, flashes, and vibrations sent to a wireless keychain receiver...

Ultimate Ears Loud Enough Volume Limiting Earphones for Children (Blueberry) Ultimate Ears Loud Enough Volume Limiting Earphones for Children (Blueberry)
List Price: $39.99
Sale Price: $14.99

The Ultimate Ears Loud Enough earphone offers full, detailed sound in a small and lightweight form factor. It was developed especially for children ages 8+ who listen to their earphones while in the car, playing video games, watching movies, walking to school or just hanging out with their friends...

Estes 302220 Electron Beam Launch Controller Estes 302220 Electron Beam Launch Controller
List Price: $14.99
Sale Price: $11.49

Launch controller comes complete with safety key and 15 feet of cable. Requires for AA batteries (not included).• Recommended Ages: 10 years and up

Microsoft Sidewinder X6 Gaming Keyboard with USB Port Microsoft Sidewinder X6 Gaming Keyboard with USB Port
List Price: $79.95
Sale Price: $179.99
Used From: $59.99

Powerful. Programmable. Gaming Keyboard. Ready for the next dimension in gaming performance, custom tuning, and action. Then grab on to the Microsoft SideWinder X6 Keyboard the powerful companion to the Microsoft line of award-winning SideWinder gaming mice...

ACCU-CHEK Aviva Blood Glucose Meter ACCU-CHEK Aviva Blood Glucose Meter
List Price: $17.94
Sale Price: $7.99

Tests right the first time to make every strip count. Quick fill test strip is easy to handle. System checks itself so you can have confidence in the results. Quick 5-second results using just a .6 microliter blood sample...

Suave Professionals Keratin Infusion Smoothing Shampoo, 12.6 Ounce (Pack of 2) Suave Professionals Keratin Infusion Smoothing Shampoo, 12.6 Ounce (Pack of 2)
List Price: $7.38
Sale Price: $6.98

Natural keratin protein in hair depletes over time leaving it unmanageable, frizzy and harder to style. This lower sulfate, PH-balances shampoo, formulated with keralock technology, gently cleanses while infusing lost keratin inside the hair fiber and provides lasting smoothness.

Suave Professionals Keratin Infusion Smoothing Conditioner, 12.6 Ounce (Pack of 2) Suave Professionals Keratin Infusion Smoothing Conditioner, 12.6 Ounce (Pack of 2)
List Price: $7.38
Sale Price: $6.98

Natural keratin protein in hair depletes over time leaving it unmanageable, frizzy and harder to style. This deep nourishing conditioner, formulated with keralock technology, infuses keratin and seals the hair cuticle from the outside...

We"ve included some informative information on each page for your enjoyment.


China's Basic Standard for Enterprise Internal Control - Your Path to Compliance

China’s Basic Standard for Enterprise Internal Control (“C-SOX”) comes into effect soon and many companies are therefore starting to implement this regulation.  While the prospect of adopting new corporate governance and risk management standard may seem daunting, there are some simple steps that companies can take to get a head start on the project.  Companies that start implementing C-SOX early will gain competitive advantage and save significant money and resources over the long run.  The keys to a successful implementation are to enlist the support of the entire organization, and to set out a reasonable strategy and timeframe for the project.

To get the most from a C-SOX project, it is critical to understand that compliance is a continual process, not a one-time initiative.   This article will show how you can get started with the C-SOX process to ensure success.   

The Basic Standard for Enterprise Internal Control was announced in 2008 and is sponsored by the Ministry of Finance, China Securities Regulatory Commission, the National Audit Office, China Banking Regulatory Commission and China Insurance Regulatory Commission.  The purpose of the new regulation is to increase the effectiveness of internal controls in listed Chinese companies, thus reducing risks for companies and their stakeholders.

The new rule requires companies listed on the Shanghai or Shenzhen exchanges to conduct self-evaluations of their internal controls, publish an evaluation report on an annual basis and hire qualified agencies to audit the effectiveness of their internal controls.  The Basic Standard will apply to over 900 companies listed on the Shanghai Stock Exchange and about 800 companies listed on the Shenzhen Stock Exchange.  

The backbone of Basic Standard for Enterprise Internal Control is the COSO risk framework, which establishes a broad definition of internal control extending to all parts of an organization.  It lists five key control elements:

1.    Internal environment - the foundation for all other components of internal control
2.    Risk assessment - identification and analysis of risks to the achievement of company objectives
3.    Control activities - the policies and procedures that help ensure that directives are executed
4.    Information and communication tools – systems to store and exchange information in support of business objectives
5.    Internal monitoring - process of assessing the quality of internal controls

The purpose of assessing the internal controls and corporate governance is to obtain sufficient knowledge of the control environment to understand the management’s attitudes, awareness and actions concerning the factors of the control environment.  

The Basic Standard for Enterprise Internal Control requires that listed companies:

•    Include the five control elements when establishing and implementing effective internal control
•    Establish and implement internal control policies
•    Establish a suitable business management information technology system with embedded controls
•    Set clear policies on the rewards and disciplines related to the proper implementation of internal control.  Effectiveness of internal control implementation should be treated as a key element of performance appraisals for department and staff levels
•    Perform self-assessment of the effectiveness of its internal control on a periodic basis and issue control self-assessment reports

Implementing C-SOX is a change management initiative that can have a significant positive impact on the company.  However, in order to do so, companies must take certain steps and make sure they have a clear strategy.

Starting the C-SOX compliance process does not have to be difficult.  A high level of visibility and support from the executive team will provide the urgency needed to quick start rolling out training programs and gathering internal resources.  Putting these foundations in place early removes time pressure from the compliance project and will give the company a strong basis in risk management and internal controls going forward.  In particular, making the effort to develop a culture of risk awareness will pay off through better existing processes, reduction of errors, and increased employee engagement.  Companies that begin now will see improving margins, increases in efficiency and growing market respect.

The Basic Standard for Enterprise Internal Control is still evolving and final implementation guidelines are not yet available.  However, companies should take advantage of this time to seek the benefits to improved risk management and internal control systems.

About the Author

About the author:

Alex Raymond is the Founder and CEO of Vast Talent, a specialized provider of compliance and performance management systems in China.

Vast Talent combines world-class products and international best practice with the local support and services that companies in China require. Vast Talent’s solutions include software tools for compliance and performance management, a large library of online compliance, finance, safety and IT courses and tools for testing and assessment.

Vast Talent was founded in 2008 and has offices in Hong Kong and Beijing.

www.vast-talent.com

More C-SOX resources available at: http://www.vast-talent.com/en/compliance_solution_for_china_basic_standard_for_enterprise_internal_control_csox.html
Blog: http://c-sox.blogspot.com

Thanks for visiting!


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