Background

In implementing Sarbanes-Oxley Section 404, public accounting firms worked closely with the Public Company Accounting Oversight Board to establish and implement audit programs to guide the external auditors in their reviews.  The latest such guidance is called "Auditing Standard 5" or AS5.  This standard is much closer to the legislative intent of the original Sarbanes-Oxley law than its predecessor and it specifically allows certain parts of the SOX testing work to be performed by personnel other than the primary external auditor.

Despite many complaints from organizations of all sizes and forms, it is evident today that SOX, or something similar is here to stay.  In fact, many other countries around the world are instituting similar requirements for organizations under their jurisdiction.  Since these requirements are so comprehensive, expensive and important to stakeholers, organizations should plan strategies to optimize their placement in the organization.

YCN

YCN personnel have tracked the history of guidance issued in response to Sarbanes-Oxley Section 404 and have developed tools to serve clients in assuring that all SOX requirements have been fully addressed in the most cost effective manner.  Let us work with your Internal Control team to apply these tools to promote full compliance with SOX Section 404 at the minimum cost to your organization. 

YCN has the expertise and experience to assist you in optimizing SOX effectiveness while minimizing costs.  Put this expertise to work to promote continued SOX compliance while improving your organization's bottom line.

Background

In implementing Sarbanes-Oxley Section 404, public accounting firms worked closely with the Public Company Accounting Oversight Board to establish and implement audit programs to guide the external auditors in their reviews.  The latest such guidance is called "Auditing Standard 5" or AS5.  This standard is much closer to the legislative intent of the original Sarbanes-Oxley law than its predecessor and it specifically allows certain parts of the SOX testing work to be performed by personnel other than the primary external auditor.

Despite many complaints from organizations of all sizes and forms, it is evident today that SOX, or something similar is here to stay.  In fact, many other countries around the world are instituting similar requirements for organizations under their jurisdiction.  Since these requirements are so comprehensive, expensive and important to stakeholers, organizations should plan strategies to optimize their placement in the organization.

YCN

YCN personnel have tracked the history of guidance issued in response to Sarbanes-Oxley Section 404 and have developed tools to serve clients in assuring that all SOX requirements have been fully addressed in the most cost effective manner.  Let us work with your Internal Control team to apply these tools to promote full compliance with SOX Section 404 at the minimum cost to your organization. 

YCN has the expertise and experience to assist you in optimizing SOX effectiveness while minimizing costs.  Put this expertise to work to promote continued SOX compliance while improving your organization's bottom line.