Oracle photox international windows#

Oracle Public Sector Financials (International) Features The diagram below shows the Oracle Public Sector Financials (International) features as described in Oracle Public Sector Financials (International) Features. Oracle Financials Modules Affected by or Enhanced in Oracle Public Sector Financials (International) The diagram below shows the Oracle Financials modules affected by or enhanced in Oracle Public Sector Financials (International). The relationship of Oracle Public Sector Financials (International) features to Oracle Applications is shown in the Oracle Public Sector Financials (International) Features diagram. Modules affected by or enhanced in Oracle Public Sector Financials (International) are shown in the Oracle Financials Modules Affected by or Enhanced in Oracle Public Sector Financials (International) diagram. Subledger Security is a tool rather than a product and is implemented by the systems administrator. Subledger Security is a security feature used in Payables, Receivables, and Purchasing.

Oracle Public Sector Financials (International) provides extensions to the following products: Setup procedures for each of the features are described in feature setup chapters.

Oracle photox international windows#

Setup windows are provided to enable the Oracle Public Sector Financials (International) features described in this guide. The SEC appreciates the assistance of the Capital Markets Board of Turkey, Emirates Securities and Commodities Authority, and the Securities and Exchange Board of India.Oracle Public Sector Financials (International) extends Oracle Financials functionality and provides the basis for an integrated financial management solution for public sector agencies, providing features such as the following: The SEC’s investigation was conducted by Samantha Martin and Laura Bennett and supervised by David Reece. Without admitting or denying the SEC’s findings, Oracle agreed to cease and desist from committing violations of the anti-bribery, books and records, and internal accounting controls provisions of the FCPA and to pay approximately $8 million in disgorgement and a $15 million penalty. “This matter highlights the critical need for effective internal accounting controls throughout the entirety of a company’s operations.” “The creation of off-book slush funds inherently gives rise to the risk those funds will be used improperly, which is exactly what happened here at Oracle’s Turkey, UAE, and India subsidiaries,” said Charles Cain, the SEC’s FCPA Unit Chief. In 2012, Oracle resolved charges relating to the creation of millions of dollars of side funds by Oracle India, which created the risk that those funds could be used for illicit purposes. The SEC previously sanctioned Oracle in connection with the creation of slush funds. The order found that in some instances, employees of the Turkey subsidiary used these funds for the officials’ families to accompany them on international conferences or take side trips to California. The Securities and Exchange Commission announced settled charges requiring Oracle Corporation to pay more than $23 million to resolve charges that it violated provisions of the Foreign Corrupt Practices Act (FCPA) when subsidiaries in Turkey, the United Arab Emirates (UAE), and India created and used slush funds to bribe foreign officials in return for business between 20.Īccording to the SEC’s order, Oracle subsidiaries in Turkey and UAE also used the slush funds to pay for foreign officials to attend technology conferences in violation of Oracle policies and procedures.