Sarbanes Oxley Compliance Services Group

S&B offers Sarbanes-Oxley compliance services and related corporate governance and whistleblowing services.

Enhancing Disclosure Committee

The Sarbanes-Oxley Act has enhanced the financial reporting and disclosure requirements to strengthen investor confidence. S&B can assist in this critical area by:

• Assisting with the formation of disclosure committees and providing technical expertise
• Improving the quality, value and accuracy of financial reporting
• Establishing and maintaining whistleblower hotlines

Employees have been encouraged to report any inappropriate behavior or transactions without fear of retaliation. S&B can assist in this very sensitive area by:

Sarbanes-Oxley Compliance Services

The Sarbanes-Oxley Act of 2002 contains numerous rules and regulations, including sections 302 and 404. These relate to management's evaluation of the effectiveness of a company's internal control structure and certain reporting disclosures, which require the following attestations:

• The chief executive and chief financial officer must certify each annual and quarterly report
• Management must now assess and make representations about the effectiveness of the internal control structure and procedures
• The external auditors are required to attest to and report on thier evaluation of the company's internal controls.

S&B has the professional and technical experience and expertise to provide services tailored to a company's specific requirements. Whether a company requires assistance in all phases of the compliance process or just needs assistance in certain areas, our seasoned Sarbanes-Oxley compliance specialists can help you by providing customized services in an efficient and flexible manner.

Our seasoned team offers extensive experience, including:

• Sarbanes-Oxley implementation from the documentation through the testing phase
• Assistance in establishing corporate governance and whistleblowing services
• Preparation of enterprise risk assessments
• Overseeing financial, operational and corporate governance investigations
• Evaluating financial systems and key controls
• Reporting to members of Board of Directors and Audit Committees for public companies

Even if your company has already performed many of the compliance steps, our team can assist in establishing a plan of action for remediation and in developing a monitoring system to achieve compliance. Further, Sarbanes-Oxley independence rules suggest the unbundling of certain services that may no longer be performed by your external auditors. If you are considering unbundling any of these services performed by your external auditor, contact S&B for assistance with your unbundling.

Unbundling Services as a Result of SOX Compliance

• Tax planning, preparation, and provision calculations
• Executive tax preparation and planning
• Assistance and consultation in evaluating accounting rules and requirements
• Assistance in preparation of financial statement and footnote disclosure
• Accounting outsourcing services
• Outsourcing of internal audit function
• Computer security
• Employee benefit assurance services
• Employee benefits plan administrative and compliance diagnostic
• Business analysis
• Computer auditing
• Data reconstruction
• Systems evaluation
• Assistance in recruiting financial personnel