Internal Audit and Sarbanes-Oxley (SOX) Compliance

  • Tested the effectiveness of internal controls and prepared deficiency analyses, including quantification of potential misstatements, for a global biopharmaceutical government contractor. Additionally, we worked to refine the contractor’s existing SOX program by conducting process walkthroughs and flowcharting, and identifying key controls and opportunities for enhancing process efficiencies. Over the eight years that we assisted the company, its external auditors increasingly relied upon our work and did not identify any material weaknesses or significant deficiencies warranting disclosure.
  • After a publicly traded Fortune 500 engineering, technology, and management consulting firm spun-off its government sector business, we were engaged to assist in the set-up of its accounting system and SOX infrastructure prior to its initial public offering. We also assisted with the transition from a co-sourced SOX program to an in-house program.
  • Provided outsourced internal audit and government contract compliance functions to a privately owned, mid-size government contractor. Additionally, we performed an enterprise-wide risk and control assessment and developed an audit/compliance plan. We also assisted in the preparation and review of the company’s forward pricing rates and incurred cost submissions, and served as a liaison with government agency auditors.