Sarbanes-Oxley is a US law that was passed in 2002 in response to a number of major corporate and
accounting scandals involving prominent companies in the United States. As these scandals resulted in a loss of
public trust in accounting and reporting practices, the Act was put in place to strengthen corporate governance and restore
investor confidence.
SOX Legislation is wide-ranging and establishes new or enhanced standards for all US public company boards, management, and public
accounting firms. Under its 11 titles, Sarbanes-Oxley provides for additional corporate board responsibilities, establishes
criminal penalties, and requires the Security and Exchange Commission to implement rulings on compliance requirements.
Stevens Technologies provides comprehensive SOX auditing services to help meet the terms of the legislation. As the July
15 deadline for non-accelerated filers quickly approaches, Stevens Technologies realizes that numerous companies will be seeking
assistance as they focus their efforts on finding the most efficient path to full compliance. Because Stevens Technologies
has worked with Ernst and Young, PricewaterhouseCoopers, Deloitte and Touche, and KPMG to define policies and procedures for SOX
compliance, we are very familiar with the requirements of Section 404 and the best means to fulfill them.
Stevens Technologies has provided comprehensive SOX security assessments for corporations such as Duke Energy and Kemet Electronics.
It is important to note, however, that our SOX auditing projects are more than just one-time compliance exercises. We
create plans that are manageable and can be maintained throughout the organization's lifecycle in an effort to improve the overall
safety and security of the organization's IT infrastructure. Thus, when Stevens Technologies contracts with a firm to
bring them into Sarbanes Oxley 404 compliance, the organization has opened its doors up to an opportunity to promote the
organization's overall security and well-being.
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