SOX Compliance - Lord & Benoit

Why hire Lord & Benoit?

Influence & Expertise:

�It is important to align with a firm that has dexterity.� Lord & Benoit is influential with the SEC, PCAOB, COSO & AICPA. The following are some examples of how Lord & Benoit’s has guided the leaders in internal control compliance across the globe.� Affordable, right sized SOX compliance allows smaller public companies to have higher share price returns.

COSO “Guidance on Monitoring Internal Control Systems” [PDF]
AICPA Certificate of Appreciation
Bob Benoit was asked to be a member and currently serves as a COSO Task Force member to address the concerns of smaller public company SOX Section 404 compliance (2007) COSO Monitoring Project - Internal Control over Financial Reporting [PDF]

Lord & Benoit was the first SOX Compliance firm to use the new COSO Guidance for Smaller Public Companies First SOX Firm to Use COSO Guidance for Smaller Public Companies (2006) [PDF]

The Institute of Internal Auditors opened their “All Star Conference” with Lord & Benoit research showing the benefits of SOX outweighing the costs Institute of Internal Auditors (2006) "All Star Conference"

SEC Commissioner reminds the public of the Lord & Benoit report showing improved investor confidence, integrity in our markets and that it is reflected in compliant company stock prices SEC Commissioner, Annette Nazareth (2006) "ALI-ABA Sarbanes-Oxley Institute Conference"

Lord & Benoit SOX research articles are listed on the AICPA website: Articles related to Sarbanes-Oxley, SOX reading materials and Other Relevant AICPA sites AICPA Center for Audit Quality (2006) "SOX Articles, Products and Other AICPA Site"

Illustrating a true top down risk based approach, the Small Business Administration references Lord & Benoit’s Micro SOX Implementation framework that addresses high risk areas and industry specific internal control problems SBA Office of Advocacy (2006) letter to SEC Concept Release �[PDF]

At the PCAOB Standing Advisory Group meeting Mark Cheffers presents SOX 404 ICFR results from Lord & Benoit Report.� The charts presents compelling evidence of the benefits of internal controls PCAOB Standing Advisory Group (2006) "Implications of ICFR Reporting" �[PDF]

PCAOB Chief Auditor Thomas Ray (2006) “25th Annual SEC and Financial Reporting Institute Conference”

One of the Lord & Benoit Reports was discussed and included in the minutes of the 2006 SEC/PCAOB Internal Controls Roundtable.� The results were posted on the AICPA Center for Public Companies website "Summary of SEC 404 Roundtable" �[PDF}

Mr. Johnson of CALPERS Investments references Lord & Benoit Reports of SOX Research at the ICFR Roundtable PCAOB/SEC Internal Controls Roundtable (2006)

Lord & Benoit was the first to pioneer the top down risk based Micro SOX implementation framework for Smaller Public Companies.� The research was originally posted on the SEC website and was copied by the PCAOB onto their site: PCAOB Internal Controls Roundtable (2006) Micro Sox Implementation Framework [PDF]

SEC Commissioner Glassman (2006) "CFO Summit: Putting Sarbanes-Oxley Section 404 in Perspective"

PCAOB Board Member Neimeier (2006) "Confronting the Challenges of Change"

Smaller Public companies relying on Section 302 reports run the risk that their predecessor accelerated filers experienced.� The Lord & Benoit Report: Bridging the Sarbanes-Oxley Disclosure Control GAP is located on the SEC Advisory Committee website (2006) "Bridging the SOX Disclosure Control Gap" �[PDF]

The SEC Staff looked at Lord & Benoit research as something that could not be ignored SEC Staff (2006) Letter to SEC Advisory Committee

Credibility

�is important in eyes of shareholders, management, audit committees and outside auditors. The Big 4 and almost every influential outside auditor and consulting firm has referenced Lord & Benoit’s research works. “I use your research unashamedly all the time.” says leader of a major international competitor: