How can we ensure SOX compliance for our public company?

SOX compliance requires comprehensive internal controls over financial reporting (ICFR) with documented processes, regular testing, and management certification. Harbor View Consulting guides Maryland public companies through establishing SOX programs that satisfy regulatory requirements while remaining operationally efficient. Key components include risk assessment and scoping to identify material accounts, control design and documentation for critical processes, test procedure development with appropriate sample sizes, and remediation processes for identified deficiencies. We help implement entity-level controls, process-level controls, and IT general controls that support reliable financial reporting. Our Baltimore team emphasizes practical approaches: leveraging technology for control automation, establishing efficient testing rotations, and maintaining clear documentation that withstands regulatory scrutiny. Successful SOX compliance balances thoroughness with efficiency, ensuring sustainable compliance without excessive operational burden.