Method for accelerating Sarbanes-Oxley (SOX) compliance process for management of a company

摘要

A method for accelerating Sarbanes-Oxley (SOX) compliance for management of a company is disclosed. The methodology employs a method that includes defining scope components needed for Sarbanes-Oxley compliance by the company, establishing internal controls for achieving Sarbanes-Oxley compliance for the scope components, and operating the internal controls using an internal controls library comprising parameters to be used in planning, testing, and evaluating the internal controls for achieving Sarbanes-Oxley compliance for the scope components. Internal controls for achieving Sarbanes-Oxley compliance, which are outside of the parameters of the internal controls library, are remediated to create effective internal controls. The method includes monitoring the internal controls and the remediating of the internal controls on a real time basis for achieving Sarbanes-Oxley compliance, and certifying the company by preparing certifications, assertions, and reports relative to the achieved Sarbanes-Oxley compliance using the monitored internal controls and remediated internal controls.