Simplified Compliance
CFO Strategies’ Simplified Compliance services are designed to reduce the cost and complexity of your Sarbanes-Oxley compliance.
As the CEO or CFO of a public company, you must report on the effectiveness of your company’s internal controls over financial reporting as part of your compliance with Section 404 of the Sarbanes-Oxley Act. This annual effort involves your assessment of both the risks of financial misstatement as well as the controls in place to mitigate these risks.
Our Simplified Compliance services offer a complete suite of readily tailored and field-tested tools, coupled with hands-on support, to fast-track your Sarbanes-Oxley compliance and meet these obligations.
Our services are offered as a low-cost, fixed-fee engagement providing practical guidance and direct field support from our experienced team of compliance professionals.
As part of this engagement, we provide your company with the following core compliance documents:
Risk Assessment Phase
- Entity-Level Risk Assessment
- Business Process Risk Assessment
- IT Risk Assessment
Control Assessment Phase
- Entity-Level Risk Control Matrix and Test Plans for the following COSO domains:
- Control Environment
- Risk Assessment
- Control Activities
- Information and Communications
- Monitoring
- Business Processes Risk Control Matrices and Test Plans for the following processes:
- Financial Close
- Financial Reporting
- Treasury & Cash
- Equity & Stock Administration
- Purchases & Payables
- Revenue & Receivables
- Payroll & Benefits
- Inventory
- Fixed Assets
- Forecasting & Budgeting
- Legal
- Tax Compliance
- Long-Term Debt
- Information Technology Control Matrix and Test Plans for the following IT controls:
- Application Development (SDLC)
- Change Management
- Access to Programs & Data
- Computer / IT Operations
Management Reports
- Risk Assessment Summary Report
- Compliance Management Plan
- Remediation Plan
- Final Report
Our approach is field-tested, results-oriented, and designed to make SOX compliance cost-effective and sustainable. Simplified Compliance packages are available to meet your budget.
Please contact us at info@cfostrategiesinc.com or call: 858-492-8589 ext. 103.
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