EDC offers companies technical writers to help with SOX compliance. Given that SOX compliance mainly affects public companies, EDC’s technical writers can also assist with providing the necessary compliance documentation. Along with documentation, EDC can help with SOX compliance. EDC will help through knowledge share. This maximizes your compliance documentation needs and your knowledge transfer plans.
SOX and Knowledge Share
The primary purpose of SOX is for businesses to provide clear financial information under a section 404 audit to protect investors. By doing this, the government can regulate companies more thoroughly to prevent fraud. This is mainly done with compliance documentation through an internal controls report. Compiling the necessary information for a controls report may suffice. However, technical writers can also perform SOX compliance while also maximizing performance in other areas of your business.
In particular, one approach is to optimize the knowledge share of operational frameworks for industry-compliant internal control across IT and finance departments within a public enterprise. This approach is beneficial due to the large amount of information required for SOX compliance as well as because it pertains to several different departments. So, an optimal way for a technical writer to go about SOX compliance is through knowledge sharing. By doing this, you not only streamline the process of creating a control system for SOX compliance but also improve knowledge transfer plans in your company.
What a Technical Writer Will Do
The use of a technical writer to set up such a system is helpful. This is due to the abstract ways a control system works. The information needed to input for a controls system to work are: rules that cover both physical access to your offices and paper files and electronic access to your data, financial records that must be backed up offsite in ways spelled out by the law, rules that demonstrate that you have protected your data against breaches, and defined procedures for adding or changing the databases and software that manage your corporate finances, as well as adding new users to your systems.
This information is specific to a company, so having a trained technical writer to sift through your organization’s financial records and security system to correctly implement them would be beneficial. A technical writer can set up a knowledge management system. This will allow for knowledge sharing and transfer and thus. It will make it easier to gather the necessary documentation for SOX compliance. To comply with SOX, our technical writers implement a framework, such as the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO). This framework emphasizes an integrated approach to assess controls and the framework meets SOX compliance.
The different areas of expertise that technical writers have can help with maximizing efficiency in multiple parts of a company. The benefit of knowledge sharing is that it improves efficiency in your business. Another positive externality is that it also helps with SOX compliance. Hiring a technical writer for knowledge transfer and SOX compliance is the best way to accomplish these tasks.
How EDC Can Help
Whether you need a team of consultants to produce a complete line of documentation or a single technical writer for a brief project, Essential Data’s Engagement Manager will lead the project from start to finish. At Essential Data Corporation, we guarantee the quality of our work. Contact us today to get started. (800) 221-0093 or email@example.com
Written by Stanley Chu