Sarbanes-Oxley Technology Solution from HarborView Partners LLC and Carddecisions
Stamford, CT (March 7, 2003) HarborView Partners LLC, Stamford, CT and Carddecisions, Toronto, Canada are experiencing significant interest with their joint solution for Sarbanes-Oxley Act Section 404 & 302 compliance. Coupling the internal control consulting expertise of HarborView Partners with the technology and framework developed by Carddecisions many new client are finding an a cost effective and pragmatic solution for documenting internal controls and risk evaluation.
"Companies like the idea of a web enabled solution that allows company controllers and auditors from multiple locations to update information on a real-time basis" stated Michael Corcoran, Chairman and CEO of HarborView Partners LLC. Our client's CEO's, CFO's, Audit Committees and public accountants like the ease of looking in one place to get the assurance information they need to sign their respective certifications on a quarterly and annual basis.
Many realize an upfront investment in this solution will decrease the cost of the internal control attestation and the annual financial audit significantly. Making it easier for your public accountant to understand and test controls reduces the overall audit fees. The time spent by the accountants looking for these controls often was often 30% of the audit. With this information now at their fingertips, many clients are keeping fee increases to a minimum. It is a real change in approach.
Companies of all sizes, public and private are selecting the HarborView Partners and Carddecisions solution. With the implementation date of September 15, 2003 not that far away, companies have begun the planning and educating process for compliance."
HarborView Partners is a leading provider of internal audit services in North America offering a full array of risk, control and internal audit solutions. For further information on HarborView Partners or our technology solution and services, please call Mike Corcoran at 203-357-0443 or visit our website at www.harborviewpartners.com
Carddecisions is a leading provider of risk assessment and internal control evaluation methodology and software. For further information, please visit our website at www.carddecisions.com
|