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  • UK SOx and US SOx services

UK SOx and US SOx services

UK SOx, modelled on existing US SOx legislation, is placing new responsibilities and requirements on company directors. Regulatory compliance has always been a necessity. However, when given the right focus it can deliver efficiencies and competitive advantage.

You can rely on our team of technical and industry specialists to help your business better manage and anticipate compliance obligations across the globe, in particular UK SOx and US SOx. The best way to start your journey is to talk to us about a SOX Readiness assessment and Compliance Road Map.

Our clients have seen that the right approach to complying with SOx can and does provide several benefits including:

  • Greater efficiency and effectiveness of key business processes
  • Reduction in manual intensive activities
  • Reduced risk of fraud
  • Greater transparency and accountability across the business

These benefits are substantial enough that we have also helped non-public entities achieve SOx-like standards of corporate governance. They are also the reason that a number of our clients have asked us to revamp and develop their SOX compliance procedures and controls so that they can achieve the benefits outlined above.
 

Our SOx credentials

We have a long and successful track record of helping businesses of all sizes achieve Sarbanes-Oxley compliance as part of a US IPO process. We understand the scale of the challenge and all the common mistakes and pitfalls.

You will benefit from our investment of time to understand your business and getting to know you as a client. We then use a wealth of experience in delivering SOx programmes to develop a genuinely tailored approach, helping you design and embed a suitable and sustainable framework.

We work with some of the largest UK and international businesses, but we are proud to have helped companies of all sizes across the globe revamp and develop their SOx procedures and achieve US SOx since 2002. We are used to scaling, both up and down, as many of our clients are disaggregated, entrepreneurial and using disparate systems.

You will be supported wherever you operate and wherever you need. Our global network of controls experts combined with our deep sector expertise allows us to support you wherever you are based and we are used to working with some of the largest UK and International businesses.
 

SOx Readiness assessment and Road map to compliance

Your business and its circumstances are unique. You will be starting your journey from a unique position. A readiness assessment will help you understand where you need to focus efforts and resources to achieve compliance efficiently and effectively.

We can prepare a road map for your business to help you move to compliance. The road map will also identify areas where we think you will benefit form detailed process and control deep dives into the relevant business and IT areas. This will provide you with the current state of controls, remediation activities required, tools that can support you and the amount of effort required to achieve your objectives within your timetable.

The road map will also integrate the development of key UK SOx requirements such as your practical and tailored Audit and Assurance policy and Resilience statement.

Your SOx programme will be supported by “sustainable by design” documentation, processes and tools developed by process mapping and control design experts. We will design new controls to address gaps, advise on improvements to the efficiency of existing controls and recommendations to increase automation.