Sarbanes-Oxley Compliance Documentation
The Sarbanes-Oxley Act (SOA) of 2002 legislates acceptable conduct regarding the retention of records—electronic and paper—for public companies, executives, and the general population. It establishes new standards for corporate accountability as well as penalties for corporate wrongdoing.
Section 404 of the Act explicitly requires management to take responsibility for establishing and maintaining an adequate internal control structure. Companies need to:
- Document how the controls have been assessed and what, if any, policies and procedures will be used to remedy any control deficiencies.
- Test to ensure that the controls and any remedies work as intended.
To comply with SOA, companies must prove and document the fact that effective internal controls exist within their business processes.
Any deficient internal controls must be realized, corrected, documented, and implemented. Dashe & Thomson can help you document and test the internal control structure required by SOA. Our proven methodology ensures:
- Fully compliant documentation.
- Rapid completion, working with your implementers and auditors.
- Lower costs while adding value to the organization.
Our goal is not only to help you document your internal controls, but also to assist you in developing an internal methodology to allow you to continue to maintain and update this documentation, efficiently and accurately.
Dashe & Thomson has extensive experience in both business process improvement and compliance and regulatory writing. Our value-add is our high quality professional writers, and the cost-savings and efficiency we provide based on our methodology. Companies don’t need to have their documentation written by an implementation consultant who operates and bills at higher levels.
Dashe & Thomson works with companies to:
- Generate business process improvements and controls for compliance.
- Document these processes and provide training to ensure understanding.
- Document and train any controls-tracking software tools used.
- Support the tracking processes with company-specific testing and maintenance processes.
