Risk Assurance & Advisory

Sarbanes-Oxley Act (SOX) Compliance

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.
SOX Infographic
2020 SOX Benchmark Report Summary
What should you be focusing on in your 2021 SOX programming? Armanino's SOX experts have reviewed the full Workiva benchmark report and have highlighted key priorities and actionable items for you.

Our Approach

Comprehensive and Cost Effective

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:

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.

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.

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.

"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

Supporting Pre-IPO, Emerging Growth, Newly Public and Mature Companies

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
Todd Bishop - Risk Assurance & Advisory Services| Armanino
Partner
Todd is a partner in the Risk Assurance & Advisory practice, where he helps lead the firm’s internal audit, S...
Cristiano Brandalese, Risk Assurance & Advisory, San Ramon CA
Managing Director
Cristiano has been a member of the accounting profession since 2000, including 18 years with KPMG, where he held senior...
Patrick Hall - Partner, Audit - San Ramon CA | Armanino
Partner

Patrick has more than 12 years of experience in public accounting. He specializes in insurance industry audits, havi...

Resources
Webinars
Webinar
Learn key takeaways and actionable items from the recently released SOX Benchmark Report.

December 1, 2020 | 11:00 AM - 12:00 PM PST
Blog articles
Article
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White Papers
White Paper
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