Sarbanes Oxley & Third Party Assurance
The Sarbanes-Oxley Act 2002 substantially altered
the corporate governance landscape for US public companies and
their international subsidiaries. Revised guidance and
interpretation from the PCAOB and SEC has reduced the burden to an
extent, but the Act nevertheless requires significant investment in
internal controls over financial reporting. We have substantial
experience of enabling efficient, risk focused and pragmatic
compliance, delivering efficiency and opportunities to benefit the
business, whilst avoiding an array of potential pitfalls.
Sarbanes-Oxley services
Our Sarbanes-Oxley services are supported by proven
methodologies and tools and combine our expertise in project
management, risk and control and technology risk management. This
expertise and the Grant Thornton International organisation enable
us to provide an efficient, consistent and integrated solution to
compliance. Our services have been proven and honed with the
successful delivery of numerous international assignments.
Third party assurance reviews
Our Third Party Assurance reviews provide independent, objective
reports on the design, implementation and operating effectiveness
of controls at organisations. These reviews include a Statement on
Auditing Standards No. 70 (SAS 70) and the AAF 01/06. They provide
a uniform reporting format for organisations to disclose their
control activities and processes to their customers.
A Third Party Assurance Review produced by our team
contains:
- our opinion, as independent accountants, on the design,
implementation and effectiveness of controls at an organisation for
a specific audit period
- a description of the organisation’s control environment, its
control objectives and the key controls that are in place to
achieve those control objectives
- tests of operating effectiveness and the results of those
tests
- information intended for use by the organisation, its
customers, and its customers' independent accountants.
For further details of our services or to discuss your needs,
please contact Eddie Best on +44 (0)20 7728 2849, or e-mail
eddie.j.best@gtuk.com.