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Integrify Clarity
Description Integrify Clarity is designed to help organizations implement, monitor and control processes and policies that require authorizations as part of the Internal Control compliance requirements in the Sarbanes-Oxley Act.
Audit fees for publicly held companies are set to increase from between 35 to 100% - internal audit, test and attestation of internal controls over financial reporting by management will considerably increase the cost of compliance.
Why? Not only must management audit internal controls, document and attest to the effectiveness of those internal controls but the public accountant must test the effectiveness of internal controls over financial reporting in addition to evaluating management’s assessment process.
By using Integrify Clarity, a company can considerably reduce the expected extra cost and time involved by management and the public auditor in auditing and attesting on the effectiveness of internal controls over financial reporting.
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