The Sarbanes-Oxley Act (officially titled the Public Company Accounting Reform and Investor Protection Act of 2002), signed into law on 30 July 2002 by US President Bush, is considered the most significant change to federal securities laws in the United States since the New Deal. It came in the wake of a series of corporate financial scandals, including those affecting Enron, Arthur Andersen, and WorldCom. The law is named after Senator Paul Sarbanes and Representative Michael G. Oxley.
Compliance with the Sarbanes-Oxley Act of 2002 is a major concern and top priority to CEOs, CFOs, and boards of directors and audit committees of public companies, as well as to auditors, accountants, attorneys and regulatory governing bodies.
The Act requires that audit committees, management and auditors assume responsibility for the implementation of certain processes that assist in the protection of investors. Each public company is affected differently by the Act and compliance necessitates a unique approach in each case.
In response to the need for interpretation and implementation of this law, we have developed Sarbanes-Oxley consulting services.
Our Sarbanes-Oxley consulting services are designed to help manage risk and build towards compliance. Our core risk management group includes more than 100 professionals nationwide who provide organizations with a wide range of services and resources, including the following:
- Section 302, 404 and 409 services
- Internal audit services
- Business risk assessment
- Corporate governance consulting
- Policy and procedure development and review
- Code of ethics assistance
- Internal control review and assessment
- Fraud examination - prevention and detection
- Detailed process analysis
- IT security, assessment, design and implementation
- IT audit support
If you don't want to manage compliance with the Sarbanes-Oxley Act on your own, we would be glad to hear from you. We're ready to help!