The passage of the Sarbanes-Oxley Act of 2002 has brought renewed focus on internal controls. A key component of any corporate governance program is an effective internal control structure. The lack of effective internal controls can lead to a company’s inability to comply with the Sarbanes-Oxley Act, or may result in material weaknesses that must be disclosed in the company’s SEC filings.
DCG works with clients to develop an effective, well-documented internal control structure and to address specific client needs, including:
- Review, documentation and development of internal control policies and procedures
- Evaluation of the effectiveness of internal controls and identification of design gaps and controls that are not operating effectively
- Review of the control environment of newly-acquired entities in preparation for meeting the Sarbanes-Oxley requirements
- Development of internal control structure for companies that will be subject to the Sarbanes-Oxley Act upon becoming a public-reporting entity
- Evaluating the operations of a company, subsidiary, or division to determine their compliance with internal control or operating policies as prescribed by management