At Armanino McKenna, our partners know their fields but they also are warm human beings committed to our clients’ success and our community’s well being. Take a minute and meet our consulting partners, the people who make Armanino McKenna the leader it is.
Governance, Risk & Compliance
In today's ever-expanding and shifting business environment, standards change, pronouncements are issued and best practices warrant well-versed resources to meet the evolving requirements. Armanino McKenna can assist with such services as SOX, Enterprise Risk Management (ERM), Internal Audits and more.
There is increasing evidence that the state of a company’s internal control environment is something that the investment community is watching more closely. Studies continue to support the fact that financial restatements decline significantly for companies that have gone through the process of implementing SOX standards or improving their internal controls.
A SAS 70, also known as a Service Auditor's Report performed under the authoritative guidance of the AICPA Statement on Auditing Standards No. 70, provides feedback on the internal control environment of service providers.
Receiving an unqualified opinion in your SAS 70 Service Auditor's Report may provide the clients who use your services with the assurances they need when assessing the impact of your control activities upon their financial statement audit.
Risk often rises in tandem with change. For example, when external certifications are needed to promote business competency, a new business venture is pursued, special projects arise, or a key accounting, IT, or finance professional becomes unavailable for extended periods, an enterprise lacking in ERM can become vulnerable.
Is your network open to attack? Are you running unpatched applications? Are you up-to-date on the continual barrage of hackers? If you answered "No" or "I don't know" to any of these questions, your network is fair game. New holes in security are discovered and then immediately exploited to compromise networks around the world. Today's "secure" network is tomorrow's easy target.
A change in your business model, complex contract terms, changes in key personnel, and pressure to reduce costs are factors that may contribute to costly errors in collecting revenue or overpaying for goods and services.
Countless years of of experience with operational and financial auditing, both in the US and internationally, have sharpened our auditing skills to the benefit of our clients. For many organizations, Internal Audit is a requisite element of the control environment. With the help of Armanino McKenna, the Internal Audit function can be upgraded to provide greater efficiencies with a positive effect to the bottom line.