In 2002, the United States Congress enacted the Sarbanes-Oxley Act, which defined regulations to protect the public from companies and other corporate organisations engaged in deceptive or erroneous activities. The purpose of the law is to improve transparency in corporate financial statements and to require a formalised system of controls and balances for each company.

SOX compliance is not only a statutory requirement, but also a profitable market strategy. Companies should, of course, act ethically and control access to internal financial networks. However, enforcing SOX financial security measures has the additional advantage of aiding in the defence of the company’s data from insider risks or cyberattacks. SOX enforcement will encompass much of the same activities as any programme for data protection.

Crimes against corporations are on the rise and are a challenge that should be tackled by any big or small company. Significant financial damages, enforcement and regulatory infringement and even judicial charges may be found in the effect of corporate crime.

Outpost can offer forensic expertise to meet the legal criteria for criminal investigations, civil recoveries, and administrative penalties everywhere in the world. They have constructive and reactive solutions to the most challenging fraud related issues, whatever they might be, with expertise in a wide variety of fields including fraud risk mitigation and detection, money laundering, whistle-blower referrals, theft, surveillance, and corruption.

Our forensic accounting departments look past the numbers, contend with the situation’s market reality and offer in simple terms unbiased views. We provide companies and technical advisers all over the world with specialist forensic accounting services.