IT assurance - Sarbanes Oxley (SOX)

Sarbanes Oxley (SOX)

Section 404 of the Sarbanes-Oxley Act of 2002 mandates that all US publicly-traded organisations must establish internal controls and procedures for financial reporting. With combined contributions of various professionals from different disciplines, our technology advisory SOX auditors can assist management to meet the challenge of complying with SOX internal control reporting requirements, thereby allowing the organisation to achieve:

•  improvement in documentation and understanding of key processes
•  better corporate governance
•  quicker decision-making
•  lower financial and operational risk
•  improvements in the accuracy of financial reports
•  increased investors’ trust

Our services are backed by a dedicated team of professionals, which include:

•  using recognised COSO framework to assess the effectiveness and efficiency of the    internal controls
•  evaluating management's assessment process 
•  obtaining an understanding of internal control over financial reporting 
•  identifying significant accounts, relevant assertions, and significant processes 
•  identifying significant deficiencies and material weaknesses
•  evaluating and testing the design of internal controls 
•  evaluating and testing operating effectiveness