SOX

Internal controls are vital for safeguarding and organization’s assets and its financial integrity. They include processes, policies, and procedures for reducing risks and promoting compliance. They give management and stakeholders assurance that financial reporting and operations are reliable. What types of internal controls are there?

SOX – eleven titles, endless rules. Many are curious to know the extent of the regulations under this landmark legislation. Each title focuses on corporate responsibility, transparency, financial disclosures, and auditor independence. But it’s not just about counting the rules. It’s understanding how they all connect and overlap – a daunting task! How many Sox rules […]

Three things drive up the cost of Sarbanes-Oxley compliance more than any other: Cost of Scale, Cost of Review, and Cost of Improvement.

Control systems that are designed only to achieve compliance are doing the bare minimum. How can you build an effective internal control system for success?

Accounting Procedures can play a role in continual improvement, not just compliance if you use your accounting Procedures to drive internal control.