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As a member of the RSM McGladrey Network, we can call upon the resources of a national organization of more than 6,700 professionals in more than 300 locations. RSM McGladrey is the fifth largest public accounting firm in the United States and has over 350 internal audit professionals that we can call upon. |
At Cotton + Allen, we work closely with the internal audit departments of public and private companies. We can assist and advise companies with many aspects of their internal audit department, including:
In addition to our internal audit consulting services, we can provide co-sourcing and outsourcing solutions. As companies continue to look for ways to reduce costs, their internal audit departments are being asked to take on more responsibilities and/or assume a more strategic role in the organization. Our clients find Cotton + Allen to be an efficient and affordable solution. While companies can outsource the internal function to us, most companies prefer to maintain ownership of the internal audit function and look to us to supply professionals for certain projects or specialists on an as-needed basis. We can provide the expertise you need when you need it.
Cotton + Allen also provides assistance in complying with Section 404 of the Sarbanes-Oxley Act (SOX 404). Our services range from an initial risk assessment and education for first-time compliance (non-accelerated SEC filers and companies planning to go public) to a controls optimization analysis for companies that have complied with SOX 404 for several years. We can assist management with documentation and/or control testing. We can also perform an assessment of the strengths and weaknesses of a company's internal controls over financial reporting and provide recommendations for improvements and for reducing the costs of compliance.
Although the wide-reaching SOX 404 applies only to public companies, there are internal control components to it that - if proactively applied by private companies and not-for-profit organizations - can help build, maintain and improve the value of your organization. We can assist and advise organizations in developing, assessing or strengthening their internal control environment.
Cotton + Allen's internal audit group is a team of local personnel who has worked closely with many of the public companies in the area. Members have experience working in internal audit departments as well as providing services to internal audit departments. This allows our local team to provide valuable insight and practical solutions. We doubt there is any other local public accounting firm that has the internal audit resources that we do.
For more information contact:
Jim Tencza, CPA
502.566.1071
jamest@cottonandallen.com