Firms look at the SOX "compliance exercise" and try to reduce costs. To truly see improvement in your SOX program, it’s important to look at controls through a value lens.
Companies struggle to meet the challenges of increased regulatory compliance while focusing on core business issues and cost reduction in a challenging marketplace. KPMG's strategic sourcing of Internal Audit and Sarbanes Oxley compliance functions can help them focus on core value-added processes. Using KPMG Global Services (KGS) offshore resources in the delivery allows the Advisory practice to compete effectively in the marketplace by leveraging offshore resources in a cost effective manner.
KGS is a joint venture between KPMG International, KPMG US, KPMG Europe LLP and KPMG India. Seeded as a global capability hub, KGS provides professional services to KPMG member firms to help clients meet complex business challenges. The use of KGS allows KPMG US to quickly deploy specialist resources who can work seamlessly on cross-border engagements, to support key client opportunities. KGS provides services across all key areas of Internal Audit/Sarbanes Oxley Advisory Services (SOAS) sourcing engagements including process and risk analysis, financial analysis, business modeling, specialized research on clients and industries, IT and business controls testing, data analysis, reporting, and project management assistance.