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Sarbanes-Oxley Act

SOA or SOX was introduced by the US federal government to restore confidence in corporate America after several scandals of gigantic proportions. To restore investor's confidence, the Act includes among other measures, key points (below), which we will help you to comply with, map to other compliance mandates and frameworks, as appropriate and save you 6-figure sums, due to our unique expertise and know-how.

Evidence/Due diligence and certification of honesty, integrity and completeness of the Issuer's balance sheet, including off-balance sheet items and commitments, being traceable to/from the balance sheet through referential integrity.

Evidence/Due diligence of a high standard of transparency, reliability and confidence in the Issuer's financial statements and reports, including sub-level items, being traceable to/from the financial report/statement through referential integrity.

Consistency in business practices and procedures, in particular evidence of repeatable and audited internal controls that govern transactions at all levels, from the CEO/CFO all the way through to and including data processing by IT staff and third parties.

Drastically reducing the opportunity to commit fraud, enabled by a comprehensive document lifecycle/retention policy, system, segregation of duties and an audit trail concerning creation/change/deletion of records (by whom, when, why, how).

Compliance with all the above according to internationally recognised and accepted accounting and reporting standards, quality assurance and control frameworks.

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