Regulatory Compliance
Provided in conjunction with 'ATP Consulting'

Regulatory compliance has evolved from "should do" to "must do". It is the cornerstone upon which all financial accounting and reporting tests.

Our Approach:

• Is based on COSO and COBIT standards;
• Is measured, methodical and thorough (we leave no stone unturned);
• Provides cost/benefit analyses and realistic timelines for proposed procedures;
• Uses time-proven project management practices;
• Provides senior management with periodic milestone and status reports.

Key Points:

• More than twenty-five years experience in implementing process, procedures and controls
• Varied industry experience - financial services; retail; state and local government; and health-care
• Old habits and practices have to be unlearned. practices sufficient in the past may no longer be relevant. Staff and management must learn new skills, practice procedures.

Regulatory Compliance - In Depth:

Without a doubt, Sarbanes-Oxley is the single most important and far-reaching piece of legislation affecting corporate governance, financial accounting and the practice of public accounting since the U.S. securities laws of the 1930s. In the wake of the bill's passage, auditing has become more of a regulated industry. Organizations have greater financial reporting and control responsibilities, and stakeholders expect auditors to hold their clients to higher standard than ever before.

ATP Consulting helps bridge the gap between Finance and IT. Angelo Esposito, ATP's founder and President, has more than twenty-five years experience in establishing controls and procedures that meet Finance's unique and demanding needs. The firm brings an ordered, thoughtful approach to process implementation and oversight.

This is necessary because compliance with Sarbanes-Oxley has imposed significant costs on public companies, especially smaller ones. Industry experts note that it's very expensive to develop internal controls and procedures, and these costs directly affect the bottom line.

In addition, the demand for greater accountability is leading not only to increased costs, but also to arising adversarial relationship between auditors and their clients. Worse, it is creating tension between Finance and IT. Many of the controls upon which financial executives depend must be implemented by information technology staff - two groups that often do no speak the same language.

ATP Consulting uses a methodical, measured approach to guarantee compliance with Sarbanes-Oxley. In addition to using a pre-defined checklist that ensures no step is missed, the firm acts as Liaison between Finance and IT, ensuring that both depar™ents are working together to meet the organization's overall objective. Most importantly, ATP Consulting provides executive management with the documentation auditing firms frequently request when undertaking their annual examinations.

"Sarbanes-Oxley is the big elephant in the corporate boardroom," Mr. Esposito say recently. "The mistake that many executives make is in trying to eat the elephant in one sitting. That is neither practicable nor feasible. A project as intertwined and complex as this has to be undertaken one step at a time. This thoughtful and measure approach is the value that ATP Consulting provides."

Learn More:

Let AVFirewalls.com and ATP Consulting help manage this transition in the most seamless and cost-effective way possible. To learn more about Regulatory Compliance, please use our contact form below: