International Consultant



In 2002 Congress passed the Sarbanes-Oxley Act (SOX) in response to widespread corporate corruption. The legislation's goal was to improve public accountability in corporate America. Specifically, four sections of the Act have had the biggest impact.

Section 302 ? Implemented in 2002, this section mandates that senior executives attest by signing their company's financial statement that the information representing the financial condition of the company is accurate and no material information was omitted.

Section 404 ? Initially implemented in November 2004, this section requires management to assess and report on the effectiveness of internal controls regarding a company's financial information.

Section 409 - Requires the timely disclosure of material events affecting the financial condition of a company, including security breaches.

Section 802 - Provides for criminal penalties for altering documents.

These sections seem rather simple; however, the reality of implementation has been challenging and many companies do not have the internal resources.

Taurus Compliance Consulting, LLC is a team of consultants that includes CPA's, lawyers and professionals with a combined total of more than 100 years of experience. Whether you are a broker/dealer, a bank, a large publically help corporation or a privately held small business, Taurus Compliance Consulting, LLC has the resources to address the the particular regulatory impact of Sarbanes-Oxley on your company.