AvivaSpectrum

Financial transformation specialists. Winner California Cannabis Awards as Best Accountants. Bookkeeping💸

[AvivaSpectrum @AvivaSpectrum]

Under the SOX Act, CEOs, and CFOs who willfully submit an incorrect certification to a SOX compliance audit can face fines of $5 million and up to 20 years in jail!

#LA #Losangeles #transformation #soxact #sox2002 #soxsummary

[AvivaSpectrum @AvivaSpectrum]

Even if you have directed several internal audits over the years, there are times when this process is simply too overwhelming for your inundated go-to in-house auditing team. Sometimes you need reinforcements to step in without missing a beat.

[AvivaSpectrum @AvivaSpectrum]

Information governance is a trending topic in boardrooms across the globe. It’s a complex framework that allows organizations to control, protect, preserve and delete information in accordance with various compliance standards or best practices.

[AvivaSpectrum @AvivaSpectrum]

Aviva Spectrum helps compliance and ethics leaders reduce business drag by designing effective programs, assessing performance, and developing the right staff skills and partnerships.

Learn more about our services today!

[AvivaSpectrum @AvivaSpectrum]

Enforcing compliance helps your company prevent and detect violations of rules, which protects your organization from fines and lawsuits. The compliance process should be ongoing, starting from the simplest task to the most complex one☝️🧐

#Internalaudit #diagnostic

[AvivaSpectrum @AvivaSpectrum]

We help clients streamline their existing functions, reducing overhead, improving controls, and reducing risks.

Our experienced staff has created a custom diagnostic that we provide on a complimentary basis that evaluates existing controls, risks, and usage of best practices.

[AvivaSpectrum @AvivaSpectrum]

If your business doesn’t have a GRC program, we can design and implement an optimal program from the ground up. This eliminates any costly missteps and sets the stage for success.

Feel free to reach out and ask any questions about our IT and Operational GRC DM or comment now.

[AvivaSpectrum @AvivaSpectrum]

SOX compliance is observed with an annual audit that examines the company's financial data and its handling practices. The public company being audited must supply proof of all SOX internal controls ensuring data security and accurate financial reporting.

[AvivaSpectrum @AvivaSpectrum]

Regular analysis of the operations of a company and maintaining rigorous internal control systems help in detecting and preventing various kinds of fraud and accounting irregularities, and consequently ensures the business's ethical status and profitability in the long run…

[AvivaSpectrum @AvivaSpectrum]

Automate processes, rationalize, de-key and consolidate controls to simplify your SOX testing to effectively address the most relevant challenges of your audit control environment!

Contact our team of experts today - book your free consultation!💻👉 https://t.co/k2QBLkgNbp

[AvivaSpectrum @AvivaSpectrum]

We Are online Today!💻☝️🤳
Our experts will be online in the next 48 hours to answer any inquiry or question you have in mind on the comments or Direct Messages! 📣🗣️

#Aviva #Spectrum #Avivaspectrum #Sox #Compliance

[AvivaSpectrum @AvivaSpectrum]

Bring teams and stakeholders together with a collaborative approach from the planning phase to evidence collection, control certification, testing approach, and more.

Contact your Aviva Spectrum team and book your free consultation!💻👉 https://t.co/Duy24FnEJQ

[AvivaSpectrum @AvivaSpectrum]

SOX applies to
All publicly-traded companies, wholly-owned subsidiaries and foreign companies in the US

Private companies planning an Initial Public Offering should prepare to comply with SOX first

SOX regulates accounting firms that audit companies that must comply with SOX

[AvivaSpectrum @AvivaSpectrum]

Outsourced Auditors have an objective and unbiased approach to your company, and have one thing in mind! To deliver the work with the highest standards and on TIME! ☝️📈���

#Aviva #Spectrum #Avivaspectrum #Sox #Compliance #cannabis #accounting #business #success #sonia

[AvivaSpectrum @AvivaSpectrum]

These processes become antiquated, they don’t scale efficiently, and create bottlenecks or even risk!

Our experts who will help you evaluate your business situation and advise you on the suitable next step!

Book your free consultation https://t.co/rIWmoNvwoT

[AvivaSpectrum @AvivaSpectrum]

While the details of the SOX Act are quite complex, it can be simplified to refer to the annual audit in which a public company is obligated to provide proof of accurate, data-secured financial reporting.

Learn about SOX Compliance
https://t.co/iNmzeeNVz7

[AvivaSpectrum @AvivaSpectrum]

Your SOX auditor will investigate four internal controls as part of the yearly audit. To be SOX compliant, it is crucial to demonstrate your capability in these controls👇🔍

#Aviva #Spectrum #Avivaspectrum #Sox #soxsection404 #soxpdf #soxinternalcontrols #soxrequirements

[AvivaSpectrum @AvivaSpectrum]

It’s never a bad idea to make a SOX compliance checklist. Here are some suggestions and compliance best practices👇

#LA #Losangeles #transformation #soxact #sox2002 #soxsummary #soxsection404 #soxpdf #soxinternalcontrols #soxrequirements

[AvivaSpectrum @AvivaSpectrum]

The Sarbanes-Oxley Act (commonly referred to as SOX) established a stricter protocol for internal controls that affect financial reporting and security within publicly traded companies.

Learn more about SOX Compliance today, Download our Free Ebook
https://t.co/jGezqYX7R4

[AvivaSpectrum @AvivaSpectrum]

For many businesses, certain aspects of work can become too expensive and too complex as well as time-consuming to be done in-house. The perks of partnering with an outsourcing company can be summed up with flexibility, quality, and cutting costs…