Senior management became more accountable in 2002 when Sarbanes-Oxley was passed which resulted in a need for more proactive operational risk management. This new environment brought greater light to the links between a company's technology infrastructure, business processes, reputation risk, compliance, and internal controls. Consequently compliance with SOX requires an organization to implement best practices and controls that have had a significant impact on infrastructure technology.
It is often not practical for a company to maintain the resources required to comply with SOX so many companies have benefitted from the services of consulting firms to provide the following:
Advisory Services - to assist a company in the implementation of compliance controls that will ensure the effectiveness of your financial operations.
Training ? to educate and update staff members on Sarbanes-Oxley and other compliance laws.
Seminars ? to discuss regulatory compliance laws affecting a multiple array of business industries in today's market.
Audits ? to test for compliance and prepare a company for certification,
Whether you are a broker/dealer, a bank, a large publically held corporation or a privately held small business, Taurus Compliance Consulting, LLC has the resources to address the particular regulatory impact of Sarbanes-Oxley on your company.