SMART > Our Services > Finance & Risk > Regulatory & Compliance Services

Changes in the regulatory landscape through Sarbanes-Oxley, the Patriot Act and Basel II and MiFID have placed organisations under increased pressure and scrutiny. SMART has a unique background with more than 15 years of accounting/tax advising and business consulting experience. This allows us to advise and assist global customers in the development of enterprise risk strategies and solutions.

SMART consultants specialise in helping clients control risk, prepare for changing government regulation or evaluate financial, operational and system performance. Our clients depend on us for the skills, experience, knowledge, credibility and conviction we can offer in supporting the mission critical operations of their business.

As tax accounting issues have recently triggered a number of restatements, external auditors have increased their focus on the income tax provision computation, disclosures and related internal controls. Approximately one third of the material weaknesses reported by calendar year companies under the Sarbanes-Oxley regulations were associated with the income tax provision, further intensifying the scrutiny of this process.

We have experienced professionals who are well-versed in identifying and resolving tax accounting matters as well as with the internal control issues associated with the process. Our services are executed with a deep understanding of Sarbanes-Oxley and the related controls and documentation required.

Our Services Include:

• Sarbanes Assistance

  SMART has wide ranging experience with simple to complex SOX engagements. SMART can help by providing a collaborative environment to identify the process owners and document the various reviews, controls and key information used in the financial reporting process as well as identify and test the effectiveness of the internal control environment, noting any control deficiencies.

• AML Services

• Policies and Procedures

• Basel II

• MIFID / Reg NMS