Home

Quick Links

Legal & Sitemap

navigation
Home > Services > Risk Assurance & Advisory > SOX Compliance

Sarbanes-Oxley Act (SOX) Compliance

Our Approach

Beyond simply complying with the Sarbanes-Oxley Act, savvy companies use these regulatory guidelines to increase their market cap and shareholder value by continually evaluating and updating their processes and technology to streamline controls and improve decision-making. Armanino has extensive SOX experience, from helping clients initiate their first-year Sarbanes-Oxley compliance programs to managing the execution of SOX programs for mature public companies.

We have developed what is arguably the industry's most comprehensive yet cost-effective approach to ensuring that your internal controls related to financial reporting comply with key aspects of the Sarbanes-Oxley Act, most notably sections 302 and 404. We support pre-IPO emergent companies, newly public and early growth entities, and mature public companies.

Armanino brings a unique approach to SOX compliance that provides you with a competitive edge and sets us apart from other service providers:

  • We will be an extension of your team.Armanino partners with management to gain a deep understanding of your business strategies and initiatives, while understanding your culture and what makes your business unique. The result is a service approach that allows us to fully integrate with your team to execute on your behalf.
  • We provide quantifiable efficiencies.Our team is continually seeking ways to improve processes in a manner that is tangible and quantifiable. For example, we replaced more than 240 hours of manual analysis with 16 hours of analysis and remediation for a fast-growing software firm.
  • We recognize that one size doesn’t fit all.Armanino’s flexible SOX compliance methodology is predicated on the fact that continuous improvement is a necessity. We partner with you and your auditors throughout the audit process to tailor our approach to your business, your specific challenges and your strategic goals. Instead of applying a boilerplate approach, we continually look to streamline the Sarbanes-Oxley Act compliance function and drive measurable process improvements.
  • We believe SOX compliance begins with “why,” not just “how.” Our methodology focuses on education for our client’s process owners. The result is that your employees are better equipped to be risk oriented and make decisions regarding key controls without being 100 percent dependent on Armanino. For one of our manufacturing clients, that meant an overall reduction in the number of controls required for their compliance program.

Services

Outsourced SOX compliance: Are you growing rapidly and trying to scale your business without adding headcount? Armanino’s outsourced Sarbanes-Oxley Act compliance services are the solution for you. We will create and manage a SOX compliance program that meets your auditor’s requirements and drives bottom-line value for your company. Specifically, Armanino provides SOX program design, testing and reporting to audit committees, utilizing Workiva’s Wdesk workflow solution to streamline the processes for our clients. Additionally, Armanino is a certified implementation partner for Workiva.

Co-sourced SOX compliance: Through our co-sourcing services model for SOX compliance, Armanino work with your SOX program manager to assess current processes. We evaluate your management team’s approach and utilize technology to determine where streamlining updates can and should be made. This hyper-focus on continuous improvement helps us to ensure that your risks are fully mitigated and your operations are as cost-effective as possible.

Staff augmentation: SOX compliance is a necessary cost of doing business for public companies, but is your team drowning from the reporting workload? Are your employees being pulled in too many directions and stretched too thin? To ease the pain, Armanino provides skilled professionals with Sarbanes-Oxley Act compliance expertise. Employ us as an extension of your in-house team and we’ll hit the ground running to ease the overtime pressure on your team.

Experts

Resources

CFO Evolution 2.0 – The Path to the Transformational CFO

What does the “evolution” of the CFO really mean today?

Tech Roundtable Insights: Preparing for an IPO

The transition from private to public company is a huge leap with little room for error. At a recent Armanino roundtable, experts from Armanino, ...

Armanino Furnishes Retail Chain with SOX Expertise to Meet External Audit Deadlines

A major retailer turned to Armanino's GRC team to handle SOX compliance challenges after years of double-digit growth caused staffing issues for the company’s internal audit team.

Tech Company Gets Clean SOX Opinion and SEC Reporting with Armanino

Fast-growing tech company received a clean SOX opinion with no technical accounting issues and timely SEC reporting for better insights and future reporting requirements with Armanino’s GRC team.

The CFO’s 10-Step Guide to Sleep the First Year after Ringing the Bell

High growth entities should view IPO readiness not as a single, defining event, but as the CFO’s opportunity to create additional valuein the company lifecycle.

IPO Blocks on Wood Table Feature

Finance leaders who have been through the process say that as CFOs drive the private-to-public transition, they need ...

How-to Guide: Walking your Board through a 409A Valuation

To avoid expensive tax liability for your privately-funded company, and more importantly, your employees, ensure your Board of Directors has the tools to properly understand the valuation process.