ChinaFIG is China's premier firm for Sarbanes Oxley (SOX) compliance for China business firms listed on the US Exchanges. From initial company assessment to key internal controls, process risk management to test effectiveness of key controls, ChinaFIG is your China accountant and SOX expert!
These services are of particular importance now in China, as all non-accelerated filers, with fiscal years ending after December 15th, 2007, will be required to be in compliance with certain SOX provisions. Our specific practice areas include:
Sarbanes Oxley - Initial Company Assessment
Perform risk assessment;
Map company structure;
Create SOX implementation plan.
Sarbanes Oxley - Process Risk Management & Documentation of Key Controls
Develop narratives of business processes and accounting systems;
Identify key control objectives, key internal controls and any control gaps;
Documentation of walk through tests of control designs;
Develop a risk control matrix for business processes.
Sarbanes Oxley - Test Effectiveness of Key Internal Controls
Determine sample size;
Develop testing methodology;
Perform tests for each key internal control and document results;
Assess operating effectiveness of controls
Identify control gaps;
Re-test deficiencies.
Please contact Lulu Zhang, and Australian licensed CPA, at Lulu.Zhang@ChinaFIG.com or Richard Zhang, at Richard.zhang@ChinaFIG.com with specific questions related to Sarbanes Oxley services.