Regulatory Compliance

Though Sarbanes-Oxley and banking industry regulation are nothing new, companies continue to struggle to meet compliance challenges in a complex marketplace while simultaneously focusing on moving business forward.

Our dedicated Banking and Financial Services practice addresses the very specific needs of that highly-regulated industry, with a deep insight and tenured professionals who have sat in the seats of compliance and other industry executives. From Dodd Frank to Alphabet Soup to formal consent orders, we've done it all for our clients. See our banking industry page for more of our expertise in that arena.

SolomonEdwards has been assisting our clients with Sarbanes-Oxley compliance since 2004, the first year that publicly-reporting companies needed to incorporate the new requirements of the legislation into their annual reporting cycle. For some, the high cost of SOX compliance has become more burdensome, and for others, there is still ample opportunity to not only reduce compliance costs, but improve quality as well. Alongside our clients, we were on the forefront, developing approaches for planning, documenting, testing and reporting on internal controls over financial reporting. We have continued to assist our clients with all aspects of SOX compliance activities including control rationalization under Auditing Standard #5 and optimization/integration of technology for greater efficiency. 

We assist our clients in all facets of their Sarbanes-Oxley compliance program including:

  • Project Planning and Program Management
  • Process and Control Documentation
  • Evaluation of Control Design and Effectiveness
  • Controls Testing and Remediation
  • Controls Rationalization Analysis
  • Management Reporting

Our team has the skill and expertise clients need to ensure the proper internal controls are in place to ensure full and complete SOX compliance year after year.