SOX/FDICIA Control Identification Testing Services

Verittas engagement teams are very experienced in assisting institutions with documentation of key controls for FDICIA/SOX purposes. Our directors and managers are specifically skilled at working with management to develop the best understanding of operational processes and document controls accordingly. 

The engagement begins with conferences with key process owners to align organizational controls with COSO Concepts. Subsequently, a control matrix is developed for each functional area. The control matrix is specifically designed to align with the goals of both operational and executive feedback over Internal Controls over Financial Reporting. Our matrices are institution specific, as management can retain and filter the controls as needed to isolate control descriptions for executive reporting purposes.

Our managers are experienced at interacting with management, where each conversation is geared towards delivering an accurate, specific result to the department/executive management. We will not waste the time of your executives or managers, as our managers will structure requests to align with a predetermined schedule that is established initially with the departments. While testing for these engagements will be completed throughout the year, our professionals are experienced in ensuring that daily/weekly/monthly key controls are tested and prioritized against annual controls that will not be requested until year end.