Section 404 of the Sarbanes-Oxley Act (SOX) requires public companies to formalize and document their internal control system over financial reporting. P&N’s SOX team assists public companies in their compliance efforts, as well as private companies seeking to improve internal controls. Our management team has worked with a diversified public client base regarding SOX implementation since before the finalization of the original act. These companies range in size from $150 million to $2 billion in assets. We’ve assisted in the preparation of Qs/Ks, disclosure checklists, meetings with external auditors on technical matters, researched unique accounting provisions and implemented new standards. And, we are regularly called upon to address GAAP questions. We are proud of our SEC practice and believe the quality and nature of our clients is representative of our team.

Our services in this area include:

  • Risk Assessment
  • Evaluation and documentation of internal controls
  • Testing of internal controls