Compliance, Control and Certification

The Sarbanes Oxley Act implemented in 2002 in the United States and its Canadian counterpart Bill 198, has resulted in considerable changes over a public company’s financial reporting function. Public companies must now take a closer look at the internal controls and corporate governance within their organization.

Compliance with these rules is a major concern and a top priority for all public companies. This includes the Board of Directors, the Audit Committee, as well as the auditors.

The most challenging aspect of the U.S. Sarbanes Oxley Act, and Canadian requirement Bill 198, requires public registered companies and their external auditors to report on the effectiveness of the company’s internal control over financial reporting (Section 404-Management’s Assessment of Internal Controls). This will be the bulk of the work required by companies in setting-up the financial and disclosure controls.

• How will you ensure compliance with the U.S. Sarbanes Oxley Act, or
• Canadian requirement Bill 198?
• Do you have the proper plan, the necessary resources and the knowledge
• to ensure successful compliance?
• Are you confident that you will meet the required deadlines with your staff currently
• operating at full capacity?
• Are you satisfied with your compliance work to date?

Demers Beaulne Compliance, Control and Certification team is ready to support
your efforts towards successful compliance.
We will be your partner throughout the process – from the start up to the finish line.
Our Compliance, Control and Certification service is constantly focused on the needs
of our clients enabling us to intervene in a variety of situations.

1. Compliance support services

a. Scoping and planning for the project;
b. Identifying the significant accounts;
c. Documenting the processes, risks, controls and linkages;
d. Perform testing for the operating effectiveness of internal controls;
e. Identifying deficiencies and proposing remediation activities;
f. Concluding and reporting to Management and the Audit Committee.

2. Monitoring support services

a. Updating the documentation for organizational changes;
b. Operationalizing the process for ongoing evaluation and monitoring.

3. Audit report on financial statements and internal controls.

4. Experienced resources available to meet your ad hoc requests.

5. Furthermore, at Demers Beaulne we have an internal audit service which
5. will be available to meet the growing needs of our clients.

Our client focused approach coupled with our dedicated experienced professionals will transform this organizational challenge into a recognized success!