Sarbanes-Oxley Compliance

CMO Compliance addresses all aspects of your Sarbanes-Oxley compliance requirements, including content, process and project workflow, risk management, communication management and documentation. CMO Compliance ensures scalability and consistency thus minimising deployment costs and enabling companies to build sustainable SarbOX reporting and compliance practices that are easy to manage.

CMO Compliance allows you to:

As a result, the software provides management with far greater visibility into control status and enterprise risk management - thus giving your company a single source of truth. The software also allow users to manage audit plans and walkthroughs, hence helping to minimize the total Sarbox compliance costs.

CMO Compliance is also designed to help you leverage your compliance software environment to support other compliance initiatives. For Sarbanes-Oxley compliance, CMO Compliance provides best practice toolkits including control frameworks such as COSO, COBIT and SOX audit software templates from the "Big 4" accounting and auditing firms. The software can also be used to track Sarbanes-Oxley compliance and beyond, with other regulatory efforts such as country specific financial control regulations.

CMO Compliance is designed to simplify audit efforts and reduce the costs of auditing associated with the SOX compliance. In particular, the CMO COMPLIANCE module focuses on the audit walkthrough activity and allows internal and external auditors to:

Audit walkthroughs are an important SOX 404 compliance activity. It is an activity performed only by auditors, both internal and external. For internal auditors, a walkthrough is optional though very common, one of many ways to collect evidence for management to confirm that the design of the internal controls over financial statements is adequate. For external auditors, a walkthrough is mandatory. It is one of the activities required before an attestation on the internal controls over financial statements can be issued by the audit firm.

Finding, archiving, and printing all documentation collected as evidence during a process walkthrough can be a tedious and time consuming task. CMO Compliance speeds up the process and saves precious auditor time by streamlining an auditor's activity.