F&D’s dedicated group of risk professionals has extensive experience assisting management with every aspect of Sarbanes-Oxley compliance. Our team provides a wide range of organizations with a proven methodology and a wealth of knowledge capital to add efﬁciencies and minimize costs associated with compliance efforts. Services include SOX and J-Sox Readiness & Compliance, Audit Committee Advisory and Public Company Readiness services.
SOX Readiness and Compliance
Like any project, a Sarbanes-Oxley Section 404 effort is executed in multiple stages. Frazier & Deeter provides comprehensive guidance or assistance in any stage of the project:
- planning and scoping
- documenting significant processes and controls
- evaluating internal control effectiveness
- identifying issues and designing corrective actions
- implementing solutions and remediation efforts
- internal control reporting
Our firm's deep collective Sarbanes-Oxley experience enables us to take advantage of current practices and tools to improve the overall compliance efforts and experience for our clients. We also have several members of our firm that have worked at the Public Company Accounting Oversight Board (the PCAOB) and assisted in the development and writing of the inspection guidance for Internal Controls over Financial Reporting.
Public Company Readiness
Our team deploys a comprehensive framework and methodology to assist companies with preparing for Sarbanes-Oxley. the methodology takes in to account all of the evolving regulatory guidance, including AS5, Dodd-Frank, and numerous industry-specific laws and regulations.
J-SOX Readiness and Compliance
Overall, J-SOX requirements require a broader initiative than U.S. SOX. Frazier & Deeter's team has experience evaluating and auditing Japanese standards for internal controls over financial reporting. our approach addresses the similarities and differences that must be addressed by organizations, particularly those with subsidiaries in both Japan and the U.S.
Audit Committee Advisory Services
Frazier & Deeter's Audit Committee Advisory Services encompass the key areas of Audit Committees' oversight responsibilities as they relate to internal controls. Our professionals optimize the effectiveness of communication with Audit Committees by:
- providing guidance on emerging audit, risk management and governance topics
- increasing awareness of audit and risk management concepts that improve corporate governance results
- communicating regulatory best practices
Our team provides services to a wide range of public companies, including a number of the Fortune 1000.
To learn more about the services of our Process, Risk and Governance Practice click here.