{"id":51065,"date":"2023-05-23T08:52:34","date_gmt":"2023-05-23T12:52:34","guid":{"rendered":"https:\/\/insi.net\/?p=51065"},"modified":"2023-05-23T08:52:34","modified_gmt":"2023-05-23T12:52:34","slug":"customized-sox-risk-assessment","status":"publish","type":"post","link":"https:\/\/insi.net\/insi-articles\/customized-sox-risk-assessment\/","title":{"rendered":"SOX Risk Assessment for Your Public Company or Accounting Firm"},"content":{"rendered":"
[et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” min_height=”1387px” custom_margin=”-45px|auto||auto|false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”]<\/p>\n
A Customized Sarbane Oxley Act Risk Assessment could be vital for your Atlanta organization. If you are a public company, an accounting company for public companies, or owe money to the US Securities and Exchange Commission, the SOX risk assessment is right for you.<\/p>\n
The Sarbanes Oxley Act, aka Sarbox or SOX, was enacted in 2002. In the Senate, people know it as the “Public Company Accounting Reform and Investor Protection Act.” However, the House refers to it as the “Corporate and Auditing Accountability, Responsibility, and Transparency Act” intended to protect shareholders and the general public from organizations’ accounting errors and fraudulent practices.<\/p>\n
In 2016, Representative Jim McDermot proposed a new bill called the Cybersecurity Systems and Risk Reporting Act to bring the bill’s security standards up to date. Unfortunately, the rules are so vague right now; it is up to the interpretation of the person reviewing it.\u00a0<\/span><\/p>\n SOX Risk Assessment requires companies to maintain financial records for seven years. Other important characteristics include:<\/span><\/p>\n Do you need a customized SOX Risk Assessment performed? Fortunately, as part of our <\/span>Managed Security Offering, INSI has partnered with Cybriant to perform customized SOX Risk Assessments while INSI addresses the vulnerabilities. It is a completely customized turnkey SOX solution.<\/span><\/p>\n Contact INSI<\/a> for all of your security needs:\u00a0 770-387-2424, option 2.<\/span><\/p>\n <\/span><\/p>\n <\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/insi.net\/advanced-cybersecurity-services\/” button_text=”Connect With INSI Here” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n INSI is the Top Managed Service Provider in Atlanta. We offer\u00a0complete IT support<\/a>\u00a0packages for clients without internal IT and\u00a0a la carte customized packages<\/a> for small IT departments. Most importantly, we only charge the client for the exact service and level they need.\u00a0In addition, this unique support model has proven to save the client money and greatly complemented the client\u2019s internal IT strengths.<\/p>\n Deborah Frazier<\/a>\u00a0is the author of\u00a0IT Outsourcing Secrets \u2013 A Small Business Guide to Compare IT Support Companies.<\/em><\/strong> With nearly 20 years of experience consulting small and medium-sized businesses on their IT support needs, she brings a wealth of knowledge to INSI as Head of Marketing and Sales. If you like this article and want to get notified when a new article is posted, click here<\/a>.<\/p>\nRequirements of SOX Risk Assessment<\/h2>\n
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INSI’s Customized SOX Risk Assessment Program<\/h2>\n
About INSI: The Best MSP in Atlanta!<\/span><\/h2>\n
About the Author<\/strong><\/span><\/h2>\n