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While performance management and improvement of the bottom line are the driving force behind the need for better information management, the strict reporting requirements of the Sarbanes-Oxley Act, and its significant penalties for non-compliance, have made the management of financial information a critical priority today.
Sarbanes-Oxley has imposed a variety of different control and compliance requirements on the way all publicly traded companies conduct business. AIM's regulatory compliance practice is focused on working with business customers to leverage IT solutions and manage compliance risk and exposure.
AIM's regulatory compliance practice typically follows a five-step process:
- Assess the internal controls already in place
- Perform a gap analysis against Sarbanes-Oxley Act sections 302 and 404
- Identify remediation steps
- Implement remediation steps, if needed
- Test for actual compliance
Many companies will initially focus on their Sarbanes-Oxley compliance challenges with code compliance as their the principal objective. However, the operational controls mandated by Sarbanes-Oxley can also provide opportunities for increased value from your business processes and systems. By working with customers using a practical, business-oriented approach to compliance, AIM International delivers a comprehensive and cost-effective compliance solution.
With AIM's broad experience in systems integration and business-driven technology solutions, we can assess your regulatory and compliance objectives and help you develop the controls and business processes that will deliver increased value - in lower operating costs, increased efficiencies, and shareholder satisfaction - from your compliance solution.
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