Sarbanes-Oxley Consulting

For all Securities & Exchange Commission registered organizations - whether subsidiaries of US domestic registrants or foreign private investors - that need to comply with the requirements of the Sarbanes-Oxley Act and related SEC rules, Burke Consulting provides a range of services to help companies achieve compliance.

Burke Consulting services include project management assistance, technical support, risk assessment and scoping activities, and assisting in documentation evaluation, training, quality assurance, and review.

Benefits

• Access to capital markets, driving innovation and growth due to accurate reporting to shareholders, creditors, capital providers, regulators, and parties with which your company has direct contractual relationships.
• Effective internal control over financial reporting, thereby supporting reliable financial reporting. This, in turn, enhances investor confidence in providing the requisite capital.
• Reliable and timely information supporting management’s decision-making on such matters as product pricing, capital investment, and resource deployment.
• Consistent mechanisms for processing transactions across an organization, thus enhancing the speed at which transactions are initiated and settled, the reliability of related record keeping, and the ongoing integrity of data.
• Ability and confidence to communicate accurate business performance with stakeholders.
  

Examples of Engagements

Project Oversight

• Provide coordination, advice, and recommendations for a Sarbanes-Oxley project.
• Monitor the progress and direction of a Sarbanes-Oxley project.
• Act as facilitator between the external auditor and management.

Project Documentation

• Provide documentation for existing internal control processes.
• Advise on best practices documentation standards, tools, and test strategies.
• Test the design and operating effectiveness of internal controls.
• Develop management and process owner training on project and risk and control awareness.
• Perform quality assurance reviews of process documentation and key controls prior to handoff.

Ongoing Monitoring and Testing

• Advise management regarding the design, scope, and frequency of tests to be performed.
• Review management testing and assessment processes.
• Perform tests of the basis for assertions by management.
• Perform effectiveness testing (for highest reliance by external auditors).
• Aid in identifying control gaps and review management plans for correcting control gaps.
• Perform follow-up reviews to ascertain whether control gaps have been adequately addressed.
• Coordinate discussions of scope and testing with management and external auditors.
• Ensure that on-going internal audit activities and external regulatory exams are brought to the committee for disclosure consideration.

Project Audit

• Help ensure that corporate initiatives are well managed and positively impact the business.

Database Development

• Design and develop the database used to document and test the internal controls used by your company to provide for reliable financial reporting.