The Sarbanes-Oxley Act of 2002 (“Sarbanes-Oxley”) was enacted to restore investor confidence in the financial markets and to enhance the quality of financial reporting. This legislation has created significant challenges for executives, directors, auditors and others to satisfy the requirements in a cost-effective manner.

Sarbanes-Oxley has two primary objectives:

  • Charges management of public companies with the responsibility of annually assessing the design and operating effectiveness of internal control over financial reporting.
  • Requires external auditors to issue a report of the effectiveness of internal control over financial reporting.

While Sarbanes-Oxley does not apply to non-public companies, many non-public companies are adopting many of Section 404’s provisions as a useful means for improving their business effectiveness and efficiency.

Our experience with emerging growth companies, including ongoing operational compliance, evaluation of internal controls, financial reporting as well as real “hands-on” experience with CFOs and Controllers makes us the ideal partner for working to fulfill Sarbanes-Oxley requirements. We can assist you in preparing for attestation of internal controls and ongoing compliance as your outsourced independent audit function. In this role, we are an extension of the Company, part of your team.