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How does SOX Services help companies in the USA?

05-01-2021 11:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: NSKT Global

How does SOX Services help companies in the USA?

How does SOX Services help companies in the USA?

Compliance with SOX is not only a legal obligation but also a successful business practice. Companies should, of course, act ethically and restrict access to internal financial systems. But the implementation of SOX financial security controls has the side advantage of also helping to protect the company through insider threat or a cyber attack against data theft. SOX compliance can encompass many of the same practices as any initiative for data security.

For public companies, we have a complete Sarbanes Oxley Compliance Solution. We provide a scalable distribution model in which businesses can outsource to us the whole SOX Project or employ us to carry out particular phases of the SOX Project.

Read the full blog here
https://www.nsktglobal.com/how-does-sox-services-help-companies-in-the-usa-

Clients can be supported by our services by several techniques such as:

Prepare for an initial implementation package that takes advantage of the new guidelines to establish a cost-effective SOX 404 compliance strategy that is suitable for the company.
Establish better ties between risks and the actions and opinions of management on how those risks are handled through the ICFR strategy of a company.
By using a more oriented research approach that allows for the effect of recent or current direct and controlling entity-level controls and only testing process-level controls that are specifically relevant to defined financial reporting threats at the claim level, it eliminates paperwork and testing hours.
Identify and introduce year-on-year enhancements to SOX 404 enforcement to minimize costs and increase the efficacy of the continuing compliance activities of a customer with SOX 404.
Our experts can also help you with:

Plan, perform a risk assessment, and define the scope
Document important procedures and associated entity-level, financial, implementation, and IT General controls
Identify key internal controls covering assertions from financial statements
Evaluate the design effectiveness of internal controls, including auditors' document walkthroughs for reliance
Perform and record internal control testing of operating efficiency
Evaluation of individual and aggregate shortcomings and consultation on remediation measures
Report results to process/control owners, management, and Audit Committee.

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NSKT Global provides best SOX compliance and testing consultants in USA and UAE, to assist management in addressing the key aspects of the SOX Project, from performing the risk assessment to scoping the project, to documenting and testing the controls, to assisting management in preparing and successfully implementing any remediation plans for identified control gaps. For newly public companies, we provide assistance with implementing an initial SOX roadmap, including risk assessment, controls framework, developing process documentation, and performing tests of design and effectiveness.

NSKT Global (USA Office)
1564 Market Place Blvd Suite 400 PMB 328
Ocean Isle Beach, NC 28469
Email:- usoffice@nsktglobal.com
Phn:- 888 701 675
888 701 NSKT
https://www.nsktglobal.com/usa

NSKT Global (UAE Office)
Level 14, Boulevard Plaza Tower 1,
Downtown, Dubai, UAE PO 334155
Phn +971 44 394 263
Whatsapp +971 55 171 2487
Email:- uae@nsktglobal.com
https://nsktglobal.com/uae

At NSKT Global we provides the complete range of advisory services to the SMEs as well as to the established businesses. Dealing in the industry for over 10 years. In countries across globe Namely UAE, USA and India.
contact us
https://www.nsktglobal.com/contact-us.php

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