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Organizations big and small are struggling to ensure compliance with Sarbanes-Oxley Act of 2002 (SOX). USAS Technologies has developed a proprietary SOX Compliance Framework to ensure reliable and transparent compliance. The cornerstones of the framework are as follows:
- Opportunity vs. Problem: Most SOX implementations are treated as a “problem-fix”. Our implementation views SOX compliance as an “Opportunity”. We specialize in leveraging the investment to promote data integrity, internal control, integration, reporting, and security improvements in organizations.
- Ownership vs. Imposition: Our experience reveals that employees view most SOX projects as an imposition, making the process frustrating, expensive and vulnerable for failure. Our framework is Technology Enabled but People Focused. While the Act forces penalties from the top down, the Framework creates compliance accountability from the bottom up. Our solution strives to project clear, demonstrable business value upfront to ensure buy-in across the enterprise.
- Permanent vs. Temporary: Our SOX Compliance Framework is aimed to create a long-lasting technology foundation for an elastic enterprise that would possess the flexibility to respond rapidly to fluid business conditions and constraints, without irreparable damage to the business.
Our SOX Compliance capabilities include:
- Document critical business processes, identify key process controls, and implement remediation plans to conform to SOX Section 404 requirements
- Develop and deploy Policy Standards and Monitoring Mechanisms within the COBIT framework
- Liaison with various stakeholders (internal auditors, external auditors, IT staff, offshore and onshore vendors) to rapidly develop Process-Flow Charts (Activity, Sequence and Swim-Lane diagrams), Process Narratives and Control Matrixes to benchmark “as-is” state
- Reduce the number of key controls and creating repeatable procedures that accurately reflect and calibrate Enterprise practices
Implement complete set of functional controls to remediate significant deficiencies and material weaknesses
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