We have helped many public companies organize and execute an assessment of internal controls in accordance with Section 404 of the Sarbanes-Oxley Act. If you are newly implementing an assessment program, we can support your Sarbanes compliance process in a project management capacity (help the company organize its compliance program, develop documentation standards, implement timelines, help in training staff, perform other duties, etc.) or manage the project on an outsourced basis. Our experience with developing and implementing Sarbanes-Oxley compliance programs ensures that costs are controlled and compliance objectives are met on a timely basis.
If your Sox program is already in place, we can assist with independent testing of the operating effectiveness of the system of internal controls, thereby providing management and the company’s auditors with independent assurance regarding the implementation and effectiveness of controls. Frequently, the company’s external auditors can rely upon independent testing, thereby enhancing the efficiency of the annual audit.
We can also assist in mapping current controls and oversight processes to the revised 2013 COSO Internal Control – Integrated Framework to ensure the 17 newly specified COSO principles are adequately addressed. We can assist with the analysis to identify any areas that may need further attention.