Our client, Operating R&D technical centers in the United States, Japan and France, and manufacturing materials and components in 30 wholly owned or affiliated facilities worldwide needed assistance with year-one JSOX compliance
Assistance in development of training and the oversight of user acceptance testing for a critical ERP system upgrade in progress at several operating units
Direction on IT testing
Project scoping, risk assessment, documentation, developing remediation action plans, and an audit test strategy for IT and financial reporting processes
The Solution
We deployed a team including the support of a Project Management Office to directly assist in the compliance effort. The Team provided the Client’s North America and Japan based Senior Management valuable insight on how to apply critical lessons learned from the US Sarbanes-Oxley experience to make the compliance effort more efficient and effective
Assist in the development, training and oversight of user acceptance testing for an ERP system upgrade in progress at several operating units
Provide a full range of JSOX services to the North American subsidiaries including: project scope, risk assessment, process documentation, remediation action plan, and an audit test strategy for IT and financial reporting
The Results
Established top-down, risk-based methodologies – a focus driven by our internal controls expertise and thorough understanding of JSOX legislation
Quickly documented the control environment and provide up-front insight on critical remediation opportunities so that our client could immediately prioritize and firm up key IT and other internal controls over financial reporting
