Sarbanes-Oxley compliance
12/06/2008
The Sarbanes-Oxley Act was created to ensure accurate financial reporting for public companies. It requires regulated companies to maintain internal controls that ensure accurate financial reporting and to identify material weaknesses and significant deficiencies while providing reassurance to investors. This is achieved through changes in fixed asset management, asset inventories, policies, audit trails and the need for controls being documented. Strict rules to ensure accurate financial reporting forces public and private organisations to an unprecedented level of compliance. Traditional fixed asset controls will simply not meet requirements. eFast provides comprehensive expertise in the area of Sarbanes-Oxley compliance.Our experts will listen to your company’s needs and deliver a comprehensive solution. We will generate an accurate asset register that ensures database accuracy for compliance documentation through our physical inventory, location and asset tagging phase. Asset reconciliation, our second phase, provides an accurate baseline for business process improvements and ensures a verified and accurate Fixed Asset Register going forward. We install our exclusive, extensive and easy to use a-track software that guarantees complete asset visibility from the desktop of authorised personnel across the organisation. This completely changes the way your organisation thinks, manages and controls assets.
eFast's views its clients support services as a key component in adopting best in practice asset management procedures. An eFast Lifecycle Asset Management programme is dedicated to providing a true on demand customer service driven solution that ensures successful use and integration of a-track, asset additions and disposal process recommendations and continued Sarbanes-Oxley/Comptroller Auditor General Compliance.
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