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SOX

The Sarbanes-Oxley Act of 2002, or SOX, made some tremendous changes to federal law. If your company is publicly owned, managed, or is a public accounting firm, this act applies to your business, and it’s critical that you stay compliant. By working with you to streamline your technological needs and to make sure your data is properly compiled, we can help you meet your goals and to stay in compliance with the law.

One of the major changes SOX made to the business world was by imposing restrictions on how companies can compile and present their financial data. Among other parts of the legislation, it requires that senior executives take personal accountability for the accuracy and completeness of the company’s financial reports. It’s not just about making sure there is someone to blame, however. Federal law requires being in compliance with SOX, and if audits show you aren’t compliant, there can be severe legal consequences. At Guidance Consulting, we know that fulfilling these requirements is essential to the success of your business. We will work with you to ensure that you are meeting all of the requirements of SOX on the technology end of the spectrum. We can help you to: Ensure that your data is being properly stored Help your data retrieval so that you know the data you pull is accurate Review your software to make sure it is properly figuring financial data Automate SOX compliance SOX has many specific requirements, and we are here to help you meet or exceed them as efficiently as possible. By automating your SOX compliance, we can help keep your business running smoothly and your data in line. We know how critical it is to follow these laws, and we have the experience and expertise to make this happen.