Sarbanes-Oxley
Primary Contact: James B. Yard
Making Compliance Easier
Sarbanes-Oxley affects not only public companies, but also privately held companies that need to raise money, are considering going public, or work with customers who require SOX standards from suppliers.
Section 404’s focus on internal controls, mandated reports and attestations can challenge any internal audit department’s resources. Schneider Downs’ dedicated SOX team specializes in applying COSO standards and Governance Institute’s Control Objectives for Information and related Technology (COBIT) protocols to ensure compliance and to establish long-term process efficiency that spares your bottom line. We’ll partner with you to:
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Perform and document an actionable risk assessment
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Identify key processes underlying financial reporting risk
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Identify types of controls to test
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Develop testing strategies
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Inventory existing controls
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Document processes
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Suggest new controls, processes and metrics
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Provide ongoing monitoring and testing of controls
- Provide educational sessions on corporate governance to your Board, Audit Committee and Finance Committee
How much of your resources are consumed by SOX compliance? Is your organization changing so that SOX looms larger than before?