April 6, 2012

SOX for Emerging Growth Companies


Bridgepoint partnered with Ernst & Young on March 28, 2012 to provide a comprehensive update and overview of Sarbanes-Oxley (SOX) audit and management compliance requirements for companies that are poised for continued growth and potential IPOs.

The presentation and discussion included:

  • overview and history of SOX;
  • new requirements;
  • external auditor expectations;
  • IT security issues and challenges in a “cloud computing” environment;
  • common challenges and benefits for Emerging Growth Companies (ECGs) as defined by recent passed legislation;
  • leading practices and methodologies.

Resounding themes discussed by the group for successful SOX implementation included:

  • Organizational buy-in to implement and sustain an effective SOX program;
  • Start SOX readiness early – it always takes longer than anticipated;
  • Apply top-down, risk-based-approach focusing first on pervasive entity-level and IT internal controls over financial reporting and disclosures;
  • Identify key internal control design gaps and deficiencies timely for remediation; and
  • Involve your external auditor throughout the process.

For more information, please contact David Roe, Bridgepoint Consulting Director of Governance, Risk & Compliance at 512-437-7903 or Droe@bridgepointconsulting.com.

About Jeanne Metz

Jeanne is an accomplished accounting professional with 18+ years of experience working with Fortune 500 companies. She has been a key driver to the successful implementation of many Internal Audit and Sarbanes-Oxley 404 compliance projects. Prior to Bridgepoint, she was a senior manager at Ernst & Young in their global mobility practice. A Certified Public Accountant and a University of Texas Graduate, her organized and efficient execution of compliance work plans has given her vast experience in analyzing and testing almost every type of financial process.

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