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Accounting Technology, June, 2006 by Riccardo A. Davis
For the past few years Viper Motorcycles has used SAP Business One to assist in the auditing of its financial reporting and internal controls so that it can comply with the Sarbanes-Oxley Act. While Viper and other small-cap companies in the United States aren't required to report under SOX until 2007, the Big Lake, Minn.-based manufacturer implemented SAP's business management application to help it monitor, audit, and validate its business processes.
The company, Viper PowerSports, was in the process of switching from a private company called Viper Motorcycles that went public early in 2005 through a reverse acquisition. That newly public status brought Viper into the world of small-cap companies that need to consider the future impact of SOX. Along with new management and...
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