Sarbanes-Oxley Section 404

EisnerAmper has developed a comprehensive and integrated risk-based approach to SOX compliance that is designed to support the internal control and financial statement assertion requirements mandated by the SOX act. We assist management and audit committees in assessing internal control risks, documenting processes for financial reporting, identifying control objectives and activities, the remediation of internal control gaps, and testing of internal control for effectiveness. Our approach to SOX compliance reflects our experience--across a broad range of industries, with companies both large and small--in achieving compliance and long-term integration of best practices and prevailing standards. EisnerAmper’s assessment and testing methodology keeps pace with the current requirements of the SEC and PCAOB, aligns with the COSO Framework and the IT Controls for SOX published by the ITGI, and has been accepted by external auditing firms, including the “Big 4” and many national and local audit firms.

The EisnerAmper methodology, while constantly evolving to reflect current best practices and regulatory guidance, is predicated on a top-down risk-based approach, which allows us to focus our efforts on the most critical activities and enables us to provide a cost effective solution to our clients. We have worked with over one hundred companies on SOX compliance initiatives. WE also have a web-enabled application that provides data capture and reporting of SOX information, enhancing our ability to deliver services, add flexibility and ease of use, and provide real time access to all SOX 404 project sponsors.

Sarbanes-Oxley Section 404 Compliance Monitoring 

Under Sarbanes-Oxley Section 404, each company following their initial annual report in Form 10-K, is required to monitor and assess their internal control over financial reporting. Management evaluates and discloses in interim reports (Form 10-Qs) any changes in internal controls during the period which have or are reasonably likely to have a material effect on the company’s internal control over financial reporting, and annual assessments are reported as of each year end.