How can you use Best Practices and
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A PROVEN SUCCESS FORMULA TO IMPLEMENT C-SOX EASILY AND GAIN
COMPETITIVE EDGE?
Wednesday, 15 July 2009
From the desk of Dr. Anne-Katrin Straesser
Dear Colleague,
As for most companies the requirements of the Basic Standard for
Enterprise Internal Control and the time pressure to be compliant by
the end of the year may seem overwhelming, there are a few simple
steps you can take not only to become compliant quicker and with less
cost you ever thought but also gain competitive edge.
Based on the experience of implementing and auditing several
companies' internal control systems, such as the US SOX, the book "How
to tackle C-SOX" reveals a success formula to easily and
cost-effectively comply with the new Standard in a short period of
time.
This book not only explains METHODS BIG4 FIRMS USE WHEN IMPLEMENTING
AN INTERNAL CONTROL SYSTEM but also ways how you can CUT ON AUDITING
AND CONSULTING FEES and IMPROVE YOUR ENTIRE ORGANISATION.
The book "How to tackle C-SOX" gives you STEP-BY-STEP INFORMATION how
you can implement the whole system while using minimum resources.
No matter, whether your role is CEO, Controller, Finance Director,
Accountant or Consultant, this knowledge will you put ahead of your
peers.
It shows you how you can utilise what is readily available in the
company and how to leverage it in order to self-assess the internal
control system and be compliant with C-SOX. In a 5-STEP PROVEN SUCCESS
FORMULA you learn exactly what you need to do in order to achieve
compliancy and gain competitive edge.
WHAT ARE THE STEPS THAT ENSURE YOU NEED TO TAKE UNTIL THE END OF THE
YEAR SO YOUR COMPANY COMPLIES WITH THE STANDARD AND IS AHEAD OF YOUR
COMPETITORS?
Step 1: Plan and Scope for Success
Step 2: Analyse and Leverage Existing Control Environment
Step 3: Remediate
Step 4: Conduct Self-Assessment
Step 5: Ensure Continuous Improvement
The book explains all the in detail. It guides you through the
various actions and provides you with the necessary material to easily
follow-through.
You receive step by step instructions for each of the project phases.
You also receive loads of HANDS-ON MATERIAL, like CHECKLISTS for all
significant processes.
From focussing on the important issues over forming the optimum
project team to writing a self-assessment report and communicate to
external auditors this book contains a lot of insider knowledge.
All this will save you several thousand dollars of consulting and
training fees. Even without experience in a similar kind of project,
you will be able to
- Understand the requirements of the Standard
- Set up a project plan and a project team
- Document processes
- Identify risks and controls
- Identify gaps between the current processes and controls and the
requirements of the Standard
- Develop a test plan
- Conduct testing
- Write a self-assessment report
- Avoid mistakes that a lot of companies and people without the
knowledge of the book are probably going to make.
The book reveals BEST PRACTICES from several years experience in the
work of internal control systems. It tells you what works and what
doesn't, where the BIG TRAPS are and how to get around them and
foremost: How to become compliant without spending a vast amount of
money.
The book contains a.a.:
Background Information on the Basic Standard for Enterprise Internal
Control
The Main Challenges Chinese Companies are facing
Explanations of the Five Control Elements of the COSO Framework
How to Form a Strong and Powerful Project Team
How to Identify Accounts, Processes and Locations for the Scope of
the Project
How to carry out a Risk Assessment and what needs to be considered
How much Time is needed for the Compliance Project
How to Leverage Existing Process Documentation
Typical risks and control objectives for various significant
processes (Sales, Purchasing, Financial Closing, Treasury, Fixed
Assets, Human Resources) and IT
The Best way to Document Controls
How to Perform a Walkthrough
What to Identify in A Gap Analysis
How to Add Value during Remediation
How to Conduct the Self-Assessment
How to Develop Test Plans
How to Evaluate Test Results
Examples of Risk Matrix, Flow Chart, Narrative and Test Plan
How to Test Manual and Automated Controls
How to Test the Other Components of the COSO Framework (Control
Environment, Risk Assessment, Information and Communication)
What should Be Included in the Self-Assessment Report
Ways to Continuously Improve the Level of Compliance
How to Improve Existing Processes and Cut Costs
How Culture and Integrity can Be Improved
What Should Be Included in an Effective Anti-Fraud Program
How to Form an Effective Audit Committee
Risks and Control Objectives of the Main Processes (Financial
Closing and Reporting, Treasury, Sales, Purchasing, HR and Payroll,
Fixed Assets, Inventories)
Risks and Control Objectives concerning Information Technology
The most interesting and rewarding part of the book, might however be
the
7 SECRETS TO OVERCOME CHALLENGES AND GAIN A COMPETITIVE EDGE WITH
C-SOX
The section deals with common and mostly quite costly mistakes that
have been made in former compliance projects. If you learn from those,
avoid them and use this knowledge you are able to stay ahead of your
competitors and improve profitability.
As an old Chinese saying by Fan Li says: "Give a fish to a man; he
has food for a day.
Teach a man to fish; he learns a skill for life."
This book is giving away the information and knowledge that usually
resides with large consulting and accounting firms.
"HOW TO TACKLE C-SOX" is going to be published in print in a few
weeks. However, due to the urgent demand of information and
clarifications in relation to the Standard, the book is AVAILABLE FOR
YOU RIGHT NOW IN A ELECTRONIC VERSION.
This ensures you are ahead of your competitors and are able to apply
this knowledge right away.
The investment for the book is normally 97EUR which is less than one
hour consulting fee.
NOW FOR ONLY A SHORT PERIOD OF TIME WE SELL IT FOR 47 EUR.
The book is in a printable pdf-format and will be available for
download in just a few seconds after the purchase.
With the purchase of the eBook we include special bonuses. However,
we guarantee these bonuses only for the first days of selling.
Bonus # 1 - An electronic copy of the original Basic Standard of
Enterprise Internal Control in English
Bonus # 2 - Self-Assessment Checklist
Bonus # 3 - Test Plan Control Environment in Excel
Bonus # 4 - Test Plan Information & Communication in Excel
Bonus # 5 - Test Plan Monitoring in Excel
Bonus # 6 - Template Risk Assessment in Excel
The value of these bonuses alone adds up to over 1.500 EUR worth of
consulting fees!
I wish you every sucess with the information and your C-SOX project.
Yours sincerely,
Dr. Anne-Katrin Straesser MBA
PS: Purchase today if you want to be sure to secure these valuable
bonues as this offer is only guaranteed for a short period of time.
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