Interest towards the Microsoft Office Solution Accelerator for Sarbanes-Oxley (MOSASO) software products on the Russian market mostly comes from companies, which carry out their operation in the USA and fall within the Sarbanes-Oxley act (hereinafter referred to as SOX) of 2002. This legislative act requires company managers, boards of directors and independent auditors to take specific actions in order to reach transparency of operations and accounting. software products on the Russian market mostly comes from companies, which carry out their operation in the USA and fall within the Sarbanes-Oxley act (hereinafter referred to as SOX) of 2002. This legislative act requires company managers, boards of directors and independent auditors to take specific actions in order to reach transparency of operations and accounting.
In order to fulfill SOX requirements MOSASO helps companies monitor key internal financial processes and management components, conduct their audit, as well as ensure internal control of crucial data on enterprise scale and minimize risks of incompliance with legislative requirements. The solution will allow to improve the system of providing company management with fully reliable information on the actual state of affairs within the company. MOSASO is used to prepare all necessary management reporting in compliance with SOX 302 and 404.
Aside from reporting risks within SOX MOSASO can also take into consideration the risks, review procedures and results of audit on any business processes. This is why this product may be useful for all enterprises implementing risk management and internal control.
GMCS employees have hands-on experience in implementing the MOSASO solution, as well as a number of upgrades, which expand the functional possibilities of Microsoft’s solution for Russian companies.
