Project:
PBC Global was asked to assist the Director of Internal Audit of a multi-billion dollar public company in the manufacturing industry coordinate international Sarbanes-Oxley efforts in Cheltenham, England.
Sarbanes-Oxley Compliance Project Requested By:
Director of Internal Audit
Solution:
Procedures included:
- Gaining an understanding of the industry and specific business practices
- Communicating the reasons for and requirements of Sarbanes-Oxley with Management of the England location (working through cultural distinctions)
- Assisting process owners with completing process narratives and risk control matrices in line with templates established for all company locations
- Testing significant controls and establishing remediation procedures as necessary
- Communicating procedures completed and project progress with U.S. location management
Results/Deliverables:
- Process narratives and risk control matrices for each significant account
- Test templates for each key control including appropriate sample size
- Remediation reports
- Reports summarizing the areas completed for each phase of the project
