Sarbanes-Oxley Compliance


Sarbanes-Oxley compliance requirements have elevated the role and responsibility of audit companies while taking aim at the c-suite with tough new rules that call for increased accountability from top company executives. Corporate disclosure, compliance oversight, controls monitoring, company training, and—the practice of public accounting—all have been impacted by Sarbanes-Oxley. Most companies face a compliance concern related to SARBOX rule 404. That rule requires management to assess the effectiveness of the company's internal controls over financial reporting and include its findings in the company's annual report to shareholders.
 

If this is your situation

  • You’ve identified potential controls issues that require remediation and additional manpower to test your controls.
  • You require additional technical expertise to plan and deliver a major controls project.
  • Your initial attempts at documenting and evaluating controls have produced inconsistent, often poor quality results and your staff need support.
  • You want to know how to derive the greatest value from your efforts.
  • You want to understand what constitutes best practice in this area.
     

How can PwC Turkey help you?

  • Provide financial audit services for companies that are subject to the Sarbanes-Oxley Act
  • Provide consulting services within the scope of the article regarding management evaluation of internal controls in the Sarbanes-Oxley Act (SoX 404)
    • Review information technologies and business processes, design process charts and write procedures
    • Determine and document risks and internal controls regarding financial reporting
    • Evaluate the efficiency of the design and function of controls related to information technologies and business processes
  • Sarbanes-Oxley FPI (foreign private issuer) preparation support
  • Evaluate company compliance with the act before a Sarbanes-Oxley Act audit
  • Provide external/co-resource support on periodic management tests the company is required to perform within the scope of the Sarbanes-Oxley Act
  • Provide all project management services necessary to ensure compliance with the Sarbanes-Oxley Act

 

Contact us

Adnan Akan

Assurance Services Leader

Tel: +90 212 326 6067

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