Fraud Detectives Add Teeth to Whistleblower Hotline

Westport, Conn. (Mar 20, 2003) -- In an effort to add teeth to its whistleblower hotline, TeleSentry, a supplier of Sarbanes-Oxley Whistleblower hotlines, has entered into a deal with forensic accounting firm RosenfarbWinters to offer direct access to experts for all of their clients.

Under Section 301 of the Sarbanes-Oxley Act, audit committees are required to establish procedures for the receipt of complaints concerning the company's accounting, including confidential "whistleblower" communications.

After a report is received, TeleSentry's clients will have access to the firm’s Forensic Accountants and Certified Fraud Examiners.

"Once the whistle has blown, deciding whether or not to investigate, what form that investigation will take and protecting an employee's anonymity during an investigation are just a few of the numerous land mines that a company and its audit committee will need to navigate," said Phil Kleckner CPA, CFE and Managing Director of RosenfarbWinters.

-- Electronic Accountant Newswire Staff

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