Sarbanes-Oxley

Recent legislation has had a significant impact on businesses. As a result of several high-profile scandals, public companies are witnessing dramatic changes in regulatory requirements and investor attitudes. Based on our experience as accountants, advisors, and executives for large companies subject to SEC oversight, we can assist you in addressing these evolving requirements to ensure your compliance with the letter and spirit of this recent legislation.

Congress, the SEC and the newly formed Public Company Accounting Oversight Board have all acknowledged that effective control structures will differ from entity to entity based on a number of factors, including a business’s size and complexity. For large, multi-national companies, there is a much greater need for highly standardized processes and robust information and communication systems. However, for smaller companies, informal policies and procedures, including extensive management oversight can provide assurance regarding the propriety of periodic financial reports.

With our unique combination of industry, auditing, and advisory experience, we assist our clients in developing highly cost-effective, customized approaches for initial compliance with the Act. But we don’t stop there. We continue to work as a partner to help in reassessing the need for changes in control structures as their businesses continue to evolve.

Because we understand the importance of a successful compliance effort, we take the time to listen to you, understand your business, and develop a customized approach to meeting your needs. The combined experience of our Regulatory Compliance Services team provides us with a unique ability to deliver focused, cost-effective advice on the design, implementation and testing of internal controls under Section 404 of the Act. To assist you in your compliance efforts, we offer a broad range of regulatory compliance advisory services, including:

• Assistance in the development of a compliance plan;
• Training personnel regarding the COSO framework, documentation procedures and standards;
• Assistance in the documentation and assessment of existing or proposed control activities and of other COSO elements (risk assessment, control environment, information and communications, and monitoring and feedback);
• Advice regarding potential improvements in control activities;
• Development and initiation of an ongoing testing strategy for key controls;
• Execution of ongoing testing activities;
• Internal audit co-sourcing or outsourcing services to ensure ongoing compliance.

Our roster of professionals includes tax, information technology and accounting and audit experts necessary for a comprehensive compliance effort. We have provided regulatory compliance services or internal control assessments for public companies ranging in size from $10 million to $4 billion in annual revenues, in the high technology, pharmaceutical, manufacturing, financial services, and investment advisory industries. This breadth of experience ensures that you receive compliance counsel and services of unparalleled merit.