Schneider Downs specializes in the implementation and ongoing support of SOX programs that align with the Security Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) standards and guidance. We apply a risk-based, top-down approach that drives both efficiency and effectiveness into the program, our services include:
Schneider Downs assists companies with the implementation and ongoing support of their Sarbanes-Oxley programs including the scoping, documentation and key controls, design effectiveness, and operating effectiveness phases considering independence restrictions. Our methodology will guide companies to ensure the right strategy, operating structure, people, process, and technology are in place.
The first 302 certification is required the first quarter after filing for new publicly traded companies. Operating effectiveness practice testing can be provided to provide management greater assurance that key controls will be effective when the requirements start. This assessment is meant to identify gaps and make recommendations to assist clients in implementing a successful Sarbanes-Oxley program. We use a five-point strategic framework to implement and assess Sarbanes-Oxley programs:
Our Sarbanes-Oxley program including the strategy, operating structure, people, process, and technology are evaluated to ensure the program is operating in an optimized state. For a successful Sarbanes-Oxley program all these parts need to be working together and moving in the right direction.
The scope, risks, testing strategies, documentation including key controls, testing results, mapping controls to risk, flowcharts, and walk-throughs will be evaluated to assess if documentation and testing strategies are operating at the most effective and efficient levels.
We partner with our clients to customize, plan and execute agreed upon Sarbanes-Oxley services, including:
Our proven SOX Section 404 methodology follows a disciplined four phase approach to SOX readiness starting with mobilization and scoping, followed by documentation, design effectiveness and operating effectiveness. Our methodology is built on a foundation of continuous training and awareness communications to keep the appropriate personnel informed throughout the entire process. Learn more about our approach with our comprehensive SOX 404 Methodology overview or download our SOX Service Overview.
Schneider Downs’ dedicated IT, financial, and operational audit professionals have Sarbanes-Oxley experience working with a wide variety of industries of all sizes, including domestically and internationally. We have proven experience with the all the commonly used processes, applications, platforms, and databases, including HR, Accounts Payable, Accounts Receivable, Inventory, SAP, Oracle ERP, JDE, Windows, Linux, Unix, AS/400, Oracle databases, SQL Server, etc. Our staff are certified and up-to-date on Sarbanes-Oxley guidance.
If you are ready to get started or need additional information please contact us.
One PPG Place, Suite 1700
Pittsburgh, PA 15222
65 East State Street, Suite 2000
Columbus, OH 43215
1660 International Drive, Suite 600
McLean, VA 22102
p: 614.621.4060 f: 614.621.4062