|
The Sarbanes Oxley Act of 2002 came
into effect as a result of large corporations'
financial scandals (Enron, WorldCom,
Arther Anderson.) From 2004, all publicly
traded companies are required to submit
an annual report of the effectiveness
of their internal accounting controls
to the SEC. By 2007, all publicly-traded
companies are required to be fully
compliant with SOX regulations.
|
|
Many aspects of your organisation
will be affected: Under Section 404,
a public company must file an internal
control report with the annual report;
asserting whether its internal control
over financial reporting is effective
in both design and operation and in
providing reasonable assurance of
the reliability of its financial reporting
process.
|
|
Our service aims to increase operational
performance based IT governance, by
assisting our clients with internal
audit control against Sarbanes Oxley
(SOX) regulations. Professional auditors
and consultants advise our clients
on necessary application and IT controls
in order to mitigate your operational
work.
Our methodology provides a process-based
solution to help you get organised,
set the foundation, document your
processes and controls and evaluate
whether those processes and controls
are achieving the intended results
and performing effectively.
|
|
| Our
services cover all aspects of the SOX
operational auditing projects: |
 |
Advice
on audit standards and practices |
|
Design and
delivery risk and control practices |
 |
Identify key
performance indicators (KPI) |
|
Test
strategy and procedures |
|
Process
documentation as proof |
|
Remediation |
|
