Case Studies

Case Study #1

SOX Program Leadership & Expertise Provided to a SEC Registered Company - Large Accelerated Filer

A SEC registered pharmaceutical public company and large accelerated filer developed, manufactured, marketed, and distributed a broad spectrum of pharmaceutical products in a variety of dosage forms. The Company's growth and revenue increases significantly in a period of three years through a combination of new products, customers, and acquisitions. The Company required additional SOX leadership & expertise to meet new and changing compliance and internal control requirements. READ FULL STUDY >>

Case Study #2

Merger With a Public Company - Large Accelerated Filer, and an ERP System Implementation – Accounting Leadership & Expertise

A manufacturing company and global supplier of materials and technologies to the electronics industry, with significant production and revenue growth over several years, was merging with a public company large accelerated filer and implementing a new ERP system. The Company's Executive Team required additional accounting leadership & expertise before and after both the merger and ERP implementation. READ FULL STUDY >>

Case Study #3

ERP System Implementation – Accounting Expertise & Project Management Leadership

A privately held USA global manufacturing company of medical imaging products with approximately $1 billion in revenue and locations in the USA, Europe, Australia and Japan was implementing an ERP system and required accounting expertise and project management leadership for planning, configuration, and testing both in the USA and Sydney, Australia. READ FULL STUDY >>

Case Study #4

Internal Controls Expertise, Training and Project Planning for an Oil Company

An African oil company with approximately $12 billion in revenue and multiple subsidiaries wanted to provide in-house training to approximately 50 key accounting and audit executives and managers. The Company also required assistance developing a Company-wide internal control project implementation plan. READ FULL STUDY >>

Case Study #5

SOX Compliance Leadership, SEC Reporting & Accounting Expertise

An SEC registered public company requested additional leadership for SOX internal control design & monitoring, and later ongoing accounting and SEC reporting support and expertise. READ FULL STUDY >>

Case Study #6

Implementation of IT Policies, Procedures, and Controls for a Pharmaceutical Manufacturing Company

A public company in the pharmaceutical industry experienced significant growth over several years and required enhanced IT policies and procedures and adoption of a security and availability controls framework. READ FULL STUDY >>

Case Study #7

Service Organization Control (SOC) Reports – SOC 1 and SOC 2 Audits

Service Organization Control (SOC) Reports – SOC 1 and SOC 2 Audits, and an example client’s situation. READ FULL STUDY >>

Case Study #8

IT SOX Controls Documentation for European Pharmaceutical Company

A large privately owned European pharmaceutical company with over $3 billion in revenue and limited experience with SOX compliance in the USA required audit expertise to document IT controls relative to IT operations for a division being purchased by a US company. READ FULL STUDY

Case Study #9

Reconciliation Project Leadership, Expertise and Resources Provided to a Nationwide Bank

A large public company financial institution with over $11 billion in assets and approximately $800 million in revenue had a breakdown in reconciliation procedures for automated processing of transactions by an outsourced processor. The Bank required expertise and resources to resolve control weaknesses and investigate unreconciled prior year processing errors and irregularities. READ FULL STUDY

Case Study #10

SOX and Internal Control Project Management Leadership Provided to an Energy Company

A large public energy company with $6 billion in revenue and multiple subsidiaries was required to document and implement internal controls throughout the company and at various locations for Sarbanes Oxley (SOX) requirements. READ FULL STUDY

Case Study #11

Audit Expertise for a Regional Water Company

A local public water company, with $77 million in revenue and $431 million in assets, acquired property and certain equipment pursuant to an acquisition agreement with a local municipality. Management required an independent consultant to perform steps to ensure certain aspects of the agreement were adhered to and reports provided were reliable. READ FULL STUDY

Case Study #12

Compliance Assistance Provided to a World Wide Bank Operating in Delaware

A worldwide bank with operations in Delaware required assistance with strategic planning and research efforts relating to compliance with the Community Reinvestment Act (CRA). The Delaware bank has assets approximating $28 billion and interest and other revenue of $2.8 million. READ FULL STUDY

Case Study #13

Outsourced SOX Services Provided to an SEC Public Company

An SEC-registered public company on the verge of bankruptcy required outsourced internal control and compliance expertise to document management's monitoring of internal controls. The company had limited resources and accounting personnel and required an efficient approach to ongoing Sarbanes Oxley (SOX) Compliance efforts. READ FULL STUDY

Case Study #14

Document Procedures, Risks and Controls for a Manufacturing Division of a Large Public Company. Assist with Accounting for a Carve Out Transaction

A large public company helicopter manufacturing division with limited accounting and compliance personnel was required by its corporate headquarters to document procedures for business processes and to identify financial reporting risks and controls in those processes. At the same time, management required accounting assistance in carving out a line of business for a sale transaction. READ FULL STUDY

Case Study #15

Implementation of the Revenue Recognition Standard - ASC 606, and the Credit Losses Standard - ASC 326 (CECL) for a Regional Bank and SEC Reporting Company.

A large regional bank and SEC reporting company required assistance implementing the requirements resulting from the new revenue recognition standard - ASC 606. The same bank later requested our assistance implementing the Credit Losses Standard - ASC 326 (CECL). READ FULL STUDY

Case Study #16

Provided Internal Controls Expertise and Leadership to a Full Solution Security Services Company

A public company and nationwide provider of full solution security services and revenue approximating $140 million required expertise and leadership to implement the COSO Framework. We assisted the company in documenting its risk assessment, enhanced business process documentation and controls, including IT and entity level controls, and assisted in developing ongoing monitoring plans and separate evaluations. READ FULL STUDY