Sobel’s Risk Management and Internal Control Group works with public companies and large privately owned businesses, offering specialized technical skills and outstanding support to help them improve processes, enhance operations and adhere to regulatory compliance. We work closely with the CEO and CFO, the audit committee, board of directors and management team to define the risk environment and then identify and, if needed, strengthen the overall internal control environment.  From identification and documentation through testing and compliance, we can provide all of services required to ensure implementation of best practices, such as:

• Sarbanes-Oxley 404 Compliance
• Internal Audits: Outsourcing and Co-Sourcing
• Internal Controls Review
• U.S. Patriot Act Reviews (including Anti-Money Laundering Compliance)
• Fraud Vulnerability Studies
• Organizational Structure Analysis
• Documentation and Implementation of Policies and Procedures

Impeccable credentials, responsive professionals and a proven track record ensure that our clients will receive the highest possible level of service at a fee that meets their budget.

Please click here to e-mail Peter Levy, Principal in Charge of Corporate Governance Services.

SAS-70 Third Party Service Internal Control Audits

Anyone providing critical services for public companies today hears from their customers about the compliance costs of the “Sarbanes-Oxley Act of 2002” and “corporate governance.” Many companies and their management teams are now looking for ways to streamline their Sarbanes-Oxley compliance costs. One way many public companies achieve this is by outsourcing financial and billing/collection as well as other business operations to companies like yours.

When your company has a clean SAS-70 opinion issued, then the companies you work with can rely on the controls without additional testing, thereby lowering their cost of compliance.

When company has a clean SAS-70 opinion issued, you will be able to provide your clients with the knowledge that your controls over key outsourced processes and controls have been reviewed and tested in accordance with the SAS-70 standard.

This means they can avoid the high cost and the rigorous time commitment needed to become compliant themselves in these areas.

When company has a clean SAS-70 opinion issued, you can gain the competitive edge by offering your clients more value than your competitors provide.

At Sobel & Co. we help businesses like yours by performing SAS-70 engagement and issuing a report in accordance with the SAS-70 standard. In brief, SAS-70 provides an opinion of the existence and effectiveness of a service company’s controls related to your organization’s impact on your customer’s financial condition.

Please click here to e-mail Peter Levy, Principal in Charge of Corporate Governance Services.

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