Sarbanes Oxley Advisory - China Fortune Investment Group 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 Sarbanes Oxley - Process Risk Management & Documentation of Key Controls Sarbanes Oxley - Test Effectiveness of Key Internal Controls
Sarbans Oxley Advisory
ChinaFIG is one of very few organizations located in China, with international Certified Public Accountants overseeing our all of our Sarbanes Oxley clients. We currently service US companies with listings ranging from the New York Stock Exchange (NYSE) to the OTCBB. In order to meet with the requirements of Sarbanes Oxley, our CPAs regularly communicate directly with overseas and local management to develop deep understandings of their organizations and internal control policies.
Perform risk assessment;
Map company structure;
Create SOX implementation plan.
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.
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.