Sarbanes-Oxley (SOX) Compliance

BUSINESS CHALLENGE
The federal Sarbanes-Oxley Act (SOX) requires that publicly traded companies in the U.S. provide a certain level of assurance that their financial information is both accurate and consistent. This requires businesses to ensure that the controls around financial information and the systems that process it are in place and functioning correctly.

The ability to prove that controls are effective requires extensive documentation of processes and audit evidence. Most affected companies usually do not have the additional personnel and expertise to handle a SOX compliance audit. In addition, SOX compliance has a deadline.

COVESTIC'S SOLUTION
Covestic conducts a complete onsite interview and other information-gathering activities in accordance with defined control practices to assess your current practice. Any gaps are identified by comparing this practice to regulations, company requirements, and the industry's best practice.

Covestic then prepares a written report documenting all of the assessment findings and recommended areas for remediation, including necessary changes to controls, processes, and behavior. Covestic can also provide a risk-prioritized remediation timeline and a complete roadmap for achieving compliance.

Covestic can also provide a test plan to support periodic verification of internal control effectiveness. This test plan includes procedures, expected output, and success criteria. At the conclusion of the assessment, we will deliver the final report and an executive briefing.

COVESTIC ADVANTAGE
Founded on the principle that seasoned experts representing a combination of consulting and practical application experience are a critical component of technology-based initiatives, Covestic employs more than eighty industry-recognized consultants who have fostered the growth of information technology and related disciplines. Covestic team members are drawn from a variety of well-respected professional services firms and technology-oriented industry players to compose integrated, cross-disciplined teams. With expert professionals in all aspects of I.T. security consulting and business risk management, Covestic teams have successfully designed and implemented security solutions for local, state, and federal government agencies, and for Fortune 500 firms.