The audit committee is SOX compliant… …and management has a strong team…

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Presentation transcript:

The audit committee is SOX compliant… …and management has a strong team…

…safe waters…

…and then somebody disagrees…

…the cfo thinks the auditors are wrong…

…the auditors say it’s not gaap…

…the outcome will influence investors… …and the SEC will want to ask questions…

…operations become at risk from disclosure issues… …the audit committee’s SOX obligations to shareholder’s activate…

"The audit committee of each issuer...shall be directly responsible...for the oversight of the work of any registered public accounting firm employed by that issuer (including resolution of disagreements between management and the auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work..." Sarbanes-Oxley Act: Sec. 301; amendment of Sec 10A(m)(2) of the Exchange Act of 1934

Who is your Board’s financial disclosure specialist? Who is your Board’s financial disclosure specialist? Who knows the technical answers and can articulate them for other board members and the shareholders? Who knows the technical answers and can articulate them for other board members and the shareholders? Does the audit committee have the right tools to meet its SOX obligation to shareholders? Does the audit committee have the right tools to meet its SOX obligation to shareholders?

The audit committee’s tools begin with asking the right questions about what is going on in the enterprise’s financial statements and follows through with knowing how to get the answers and solve the issues, to SEC standards, accurately and swiftly.

Street Disclosure provides a specialized resource dedicated to the audit committee’s new disclosure related functions.

We bring highly practiced technical and problem resolution skills, developed on staff of the SEC and Big 4 accounting, along with a distinctive understanding of how to effectively interface with the SEC staff, as well as the enterprise CFO’s office and the auditors.

And we believe that effective mediation & disclosure resolution are premised upon: (1) understanding the economic substance of the often complex transactions underlying the disclosures & (2) articulating the disclosure solutions transparently for investors and board members, to assure informed dialogue and decisions

Street Disclosure is an ideal tool for accomplishing the audit committee’s new SOX mandated objectives

For a more complete discussion of our services and the company, see the following ServicesDifferentiationBackground To talk with our staff, contact John Feeney at , or

Note: A provision of the Sarbanes-Oxley Act (SOX) permits audit committees to hire outside advisers to fulfill their obligations and gives the committee authority to fund the services

street disclosure