SOX Business Process
Key Benefits
- Compliance with US GAAP
- Calculation of property impairments, in advance of a disposition decision
- No surprises post-exit (restatements, large charges)
ERCI develops process flow diagrams and business rules for SOX compliance of environmental liabilities relating to FASB 5 and 143. The calculations of these liabilities are compliant with FASB 157 and related US GAAP. ERCI has helped several Fortune 500 develop their SOX compliance procedures for environmental liability estimation and documentation.