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Sarbanes-Oxley Section 404 Documentation FAQsServices : Writing : Sarbanes-Oxley Section 404 Documentation FAQs What is ProEdit?ProEdit is a nationwide business writing company. Since 1992, we have provided business writing services to over 1,000 companies across the U.S. and abroad. How does ProEdit fit into my overall Section 404 plans?Creating policies and procedures for Sarbanes-Oxley (SOX) Section 404 compliance is time consuming. Many companies are convinced that they have only two options: write the documentation internally or hire an accounting firm to write it for $150 or more per hour. ProEdit offers you another option—have professional business writers develop the documentation for just $65 per hour. Our role in your SOX Section 404 effort is to document processes and controls, as illustrated in the following diagram:
How can ProEdit do this work without being Accountants?Some people think that accountants are best equipped to document processes and controls. They aren't. Business writers are the best and most cost-effective choice for documenting your company's procedures. ProEdit's writers have the most in-depth experience possible for doing this type of work—experience documenting accounting procedures. We move our writers from company to company documenting accounting processes, so they already understand how the process works. What types of people does ProEdit employ?ProEdit employs SOX writers who have experience documenting companies' business processes, specifically Accounting, IT, and Operations. ProEdit's writers have advanced degrees in Technical Communications, Journalism, or a related field. Why not just have my employees write the documentation?Several reasons:
How can I be sure that what ProEdit writes will be what my external auditors need?We recommend that after ProEdit develops the first document, your external auditors review it. This way, they can confirm that the document contains the level of detail and format required for a smooth audit. Once any auditor feedback is included, then that document becomes the prototype for all future documents. How does ProEdit do the work?ProEdit's thorough and cost-effective approach for writing SOX policies and procedures is illustrated below: |
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