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Sarbanes Oxley : Auditing : Back Office

Sustainable And Cost Effective Compliance




Scott Gracyalny
Managing Director Risk Technology Solutions
Protiviti

Protiviti Inc., a leading risk consulting and internal audit services firm, has announced the release of a new product extension for the Protiviti Governance Portal designed to help the federal sector achieve complete, sustainable and cost-effective compliance with OMB A-123 requirements.

This extension leverages functionality from Protiviti?s SarbOx Portal, which launched in April 2003 and emerged as one of the market?s leading solutions for Sarbanes-Oxley compliance with nearly 300 commercial client installations worldwide.

The SarbOx Portal enables executives, internal audit and process owners to document, test, evaluate and monitor ongoing compliance with the Sarbanes-Oxley Act. With the new extension for A-123 compliance, the federal sector will now benefit from that experience.

?Our OMB A-123 technology solution provides government agencies with a place to begin their A-123 compliance program using the same comprehensive workflow assignment, sophisticated document versioning, advanced change history tracking and multiperspective reporting that exists in our SarbOx Portal,? said Scott Gracyalny, managing director in Protiviti?s Risk Technology Solutions practice.

?The OMB A-123 solution is fully integrated with our Governance Portal platform and offers our federal sector clients an opportunity to leverage their regulatory investment to support broader agency operational and enterprise risk management activities, resulting in more cost-effective compliance, reduced losses and fewer surprises.?

Gracyalny noted that for future releases of its Governance Portal, Protiviti intends to enable internal audit workflow and project management integration across OMB A-123 as well as other compliance and risk management efforts.

About the Protiviti Governance Portal Platform
The OMB A -123 solution is an integrated module of the Protiviti Governance Portal, which helps clients improve agency governance within their organizations and enhances business performance. Protiviti leveraged its recognized thought leadership and extensive compliance management experience to develop the Protiviti Governance Portal for numerous Fortune 500 clients.

Other Protiviti Governance Portal modules include:
The SarbOx Portal ? The SarbOx Portal is a web-based solution designed to help companies achieve complete, sustainable and cost-effective compliance with the Sarbanes-Oxley Act and other regulatory requirements.

It enables business executives, internal audit and process owners to document, test, evaluate and monitor ongoing compliance with Sections 404 and 302 of the Sarbanes-Oxley Act and provide documentation supporting management?s assessment process for external auditors to review.

The Self-Assessor(TSA) ? TSA is a web-enabled assessment engine that facilitates the distribution of focused questionnaires. Advanced features attribute supplemental workflow to assessor responses. TSA employs a robust review cycle, promoting quality assurance through the entire process.

The Operational Risk Management (ORM) Portal ? The ORM Portal is a web-based solution for enabling compliance with regulatory requirements including Basel II and FDICIA, as well as broader operational and enterprise risk assessment programs. It features a configurable loss event database, robust risk/control self-assessment capabilities and dynamic drill-down reporting.

Protiviti is a leading provider of independent internal audit and risk consulting services. Protiviti helps private and federal sector clients identify, assess and manage operational and technology-related risks encountered in their areas of focus, and assists in the implementation of the processes and controls to enable their continued monitoring.

The firm also offers a full spectrum of internal audit services focused on bringing the deep skills and technological expertise to enable business risk management and the continual transformation of internal audit functions.

Protiviti assists private and federal sector clients by helping them to identify, measure, monitor and manage the risks they face throughout their systems and processes.

Protiviti helps federal sector clients to understand, document and evaluate their internal control over financial reporting to comply with OMB A-123 requirements, improve the efficiency and effectiveness of their business processes; and build a sustainable assessment and compliance process.

Protiviti, which has more than 40 locations in North America, Europe, Asia and Australia, is a wholly owned subsidiary of Robert Half International Inc. (NYSE symbol: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.






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