Publicly listed companies in the United States and Canada are required to institute and demonstrate appropriate internal controls over financial reporting, based on Sarbanes-Oxley Act section 404 (SOX) and National Instrument 52-109 (C-SOX). Similar requirements exist in other jurisdictions and government entities are increasingly being held to similar standards such as OMB (Office of Management and Budget) A123 or the Financial Administration Act’s Policy on Internal Control (PIC).
Resolver’s Internal Controls software solution provides an efficient and effective alternative to informal approaches or inflexible point solutions. The use of technology increases the effectiveness of a compliance program by putting responsibility directly in the hands of the organization’s risk and control owners, while enabling ongoing, instant status reporting to management. At the same time program cost is reduced as administrative tasks are automated and unnecessary duplication of work across the organization is eliminated.
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SOX ComplianceCertify with confidence. Whether you have been managing SOX compliance for years, or if you have a more recent SOX requirement, GRC Cloud will support you. From risk-based scoping, to executing testing, to managing remediation activities, we will help you drive your program more efficiently and with greater certainty. Learn more… |
OMB Circular A-123 & PIC ComplianceTransparency is just as important to Government entities as it is to the private sector. GRC Cloud has become the de-facto solution for Government entities that have been mandated to implement a system very similar to Bill 198 and SOX whereby they must document their controls over financial reporting and attest to the quality of these controls and the accuracy of their financial statements. Learn more… |
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Bill 198 ComplianceOur early experience with SOX helped us become a market leader with Canadian companies that are required to be compliant with Bill 198. 100’s of companies across Canada depend on GRC Cloud to ensure they can certify with confidence and manage the internal control process efficiently. Learn More… |