Our team provides a tailored approach, based on your organization’s needs, for increasing your governance and compliance presence. Through alignment with client objectives, we build and execute a plan to enhance the control environment within your organization.
Compliance Program Assessment & Support
Our compliance program assessments is a structured approach to ensuring that an organization complies with relevant laws, regulations, policies, and standards. It involves identifying applicable requirements, assessing the associated risks, implementing controls to mitigate those risks, and monitoring and auditing compliance activities to ensure effectiveness.
With our help, your team can strengthen your compliance program to better avoid regulatory issues and maintain the trust of stakeholders. Our services are tailored to each client’s specific industry, program maturity, and risk profile, while working to understanding merging changes and the regulatory landscape.
Governance
By using Sikich as an effective partner, increase your organization’s confidence in entity level oversight, risk management and compliance. A strong governance structure promotes transparency, accountability and a system of sustainable value creation for stake holders.
Some of the components our team continuously provides assurance on:
– Audit Committee
– Board Oversight
– Internal Audit Charter
– Risk Based Audit Planning
– Reporting
– Quality Assurance and Improvement Program (QAIP)
– IT Oversight
System & Organization Control (SOC) Reports
When you trust Sikich to perform a SOC engagement, you will receive a comprehensive report describing your system of controls to provide to your customers. The SOC report will allow your organization to demonstrate your commitment to effective internal controls, while simultaneously distinguishing yourself in the marketplace and enhancing your brand.
– SOC1® – Focuses on the controls related to financial statement reporting.
– SOC2® – Designed to address controls relevant to security, availability, processing integrity, confidentiality or privacy.
– SOC3® – The Addressed control relevant to security, availability, processing integrity, confidential and privacy; however not to the same detail as a SOC 2
“Thanks to Sikich’s expertise and guidance, our compliance program has evolved into a robust framework that ensures adherence to regulatory standards while streamlining processes. Their recommendations were not just about ticking boxes; they were strategic, practical, and tailored to our unique needs.”
Client
Senior Director, Associate General Counsel