Compliance for Small Companies
In May 2006, the SEC announced that all public companies, regardless of size, must comply with the full range of Sarbanes-Oxley regulations.
Most Big Four firms, and many second tier firms, no longer serve small and mid-cap companies. As a result, committees and CFOs are challenged to find Sarbanes-Oxley practitioners who know the requirements and haven relevant industry knowledge. With the paucity of financial services professionals, finding competent and cost-effective professionals will only grow more difficult as filing deadlines grow closer.
Starting the SOX review process further in advance of deadlines can alleviate undue internal turmoil and cost less.
Sarbanes-Oxley compliance can be disruptive to your financial and IT staffs. In our experience, the more advanced the planning and preparation, the fewer surprises and staffing issues.
Not only does UHY Advisors have relevant experience in most major industries, but but differentiate ourselves from other Sarbanes-Oxley professionals in four ways:
We specialize in the dynamic middle market—companies most impacted by this new ruling.
We have been working with the COSO guidelines that are the basic tenants of SOX since their inception in the early 1990’s. These disciplines are not new to our professionals.
Our proprietary SOX Tool that is included in the cost of our engagement. We can show you how that alone can save your company more than $100,000 in software and IT costs alone, as compared to other options you might consider.
We proactively deliver our services through hands-on managing directors, so our clients benefit from the insights of those with the most experience. Its part of our philosophy called The Next Level of Service.
We bring a holistic approach, incorporating IT, IA and SOX disciplines into an integrated service line we call Enterprise Risk Advisory Services.
UHY Advisors enjoys high client satisfaction—we have retained by all clients for their Year 2 work, with the exception of a merger or acquisition.
To email our national practice leader, Barbara Shirley, click here: