Jeff Reibel published a great article on SOX and the fact that continuous auditing is possible. This is true, and a great way to keep your company running smoothly. Below is an excerpt from his article:
Read More
0 Comments Click here to read/write comments
Tags: Sarbanes-Oxley Articles & Information, 404 audit, audit costs
I hear stories daily about people who are paying incredible amounts of money to have a third-party implement their internal control infrastructure and then test their internal controls on an annual basis.
0 Comments Click here to read/write comments
Tags: audit costs, Non-accelerated filer 404(b) information, Controls Testing, Sarbanes-Oxley
Here is the Sarbanes-Oxley non-accelerated filer reprieve reality for fiscal filers with yearend dates between June 15 and December 31. Your auditors are going to expect you to provide them with at least two quarters worth of functioning controls data. They will also expect to be able to go back in time to randomly test at least two quarters worth of data (so just because you give them your test work does not mean that is all they will ask you for. They will ask for other samples in an attempt to uncover any attempts by you to give them only clean examples and they will watch you pull the samples to ensure you do not have the opportunity to fix problems prior to handing over the documentation).
0 Comments Click here to read/write comments
Tags: Compliance tools, audit costs, Non-accelerated filer 404(b) information
This year, Akeena Solar attended a Risk Assessment Seminar we held with Burr Pilger & Mayer LLP. They were so impressed with our methodology and passion for saving our clients money and time that they decided to switch their SOX service providers to us. The switch has been a tremendous success and here is what their CFO has to say about it:
0 Comments Click here to read/write comments
All,
0 Comments Click here to read/write comments
