The Sarbanes-Oxley Act (SOX) was passed in 2002 and affects all publicly–traded companies. The overall goal of the Sarbanes-Oxley Act was to enhance standards around a companies internal control systems by imposing strict new requirements to avoid financial audit weaknesses. The cost of compliance can be costly to companies that are unfamiliar with the requirements and penalties for noncompliance can be severe.
For organizations that require compliance with SOX, Bruner-Cox LLP can assist you in:
- Working to develop SOX education programs for your staff and board
- Helping document your business processes and internal controls
- Assistance with assessing you internal control risks areas
- Developing the required testing of your controls and systems
- Working to re-mediate any internal control weaknesses
- Monitoring the internal control improvements to help ensure continued compliance
The Bruner-Cox LLP team is knowledgeable in the areas of The Sarbanes-Oxley Act and can assist you with these requirements by using an organized and methodically approach to compliance.
For more information on SOX compliance, please contact, Assurance Services Partner at 330.376.0100.
