About the Sarbanes-Oxley Act of 2002

The Sarbanes-Oxley Act was signed into law by Congress in July 2002 in response to a number of high-profile public company accounting scandals. These scandals have resulted in an erosion of public confidence and trust in corporate accounting and financial reporting practices. The Act tightens federal regulation of corporate governance and financial reporting. It also raises accountability standards for directors, officers, auditors, securities analysts, and legal counsel.

Section 404 of the Act requires that management annually evaluate and report on the effectiveness of their internal controls and procedures related to financial reporting. In addition, the company's auditor must issue a separate report that attests to management's assertions on the effectiveness of their internal controls. Compliance with the Act will provide the double benefit of restored investor confidence and more efficient and well run public companies.

Why care about compliance?

Corporate officers of public companies should treat compliance with the Act as a top priority. Sarbox Solutions is ready to assist companies comply with the new regulations, as well as gain a competitive advantage through streamlined operations and an improved approach to assessing corporate risks and achieving objectives.

In order to have the most cost-effective and well-planned project, it is critical to have an immediate formation of your project team and gain an understanding of the significant business and reporting risks, so you can define the scope of your engagement. Sarbox Solutions is your best source for launching this critical project for your organization. We look forward to meeting with you to discuss how our value-added services can help launch your project and create a plan that best meets your needs.