MillerMusmar CPAs’ Risk Advisory professionals have years of experience advising clients on the best ways to design systems that will not only meet compliance but will improve business processes as well.
Under services offered as part of 1st line of defense:
Process setups & activities mapping
Our team works with clients to identify the needed process, sub-processes, and activities for each respective department. We will then map these against the company, department, and employees’ objectives.
Accounting & Operational Policy and Procedures
MillerMusmar offers drafting, reviewing, editing, and enhancing companies’ policies & procedures.
Sarbanes-Oxley Act – SOX
The enactment of the Sarbanes-Oxley Act dramatically changed the financial reporting landscape. Since then, MillerMusmar CPAs has educated our clients on innovative ways to generate value while maintaining compliance. Far from simply meeting the minimum standard, we help clients improve their internal control over financial reporting processes and create synergies across organizations.
Financial & Operational Dashboards
Dashboards are a management tool that assist in tracking key financial and operational Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs), allow for effective cash management, and provide the ability to track expenses, sales, and profits in detail to meet and outperform financial and operational objectives.
Flow Chart Development
A flow chart is a diagram of a workflow or process and helps to provide clarity by displaying a graphic representation of a complex series of the steps of a process in sequential order.
System & Organization Controls (SOC) 1 and SOC 2
In today’s fast-paced and interconnected business climate, organizations must demonstrate adequate controls to mitigate risk, ensure the safety and integrity of client assets, and meet customer demands without disruption. System and Organization Controls (SOC) reporting allows companies to engender trust with stakeholders by proactively taking stock of the controls in place to mitigate risk and ensuring transparency into the effectiveness of these risk management efforts. SOC 1® and SOC 2® examinations assure their clients of their internal processes, policies and security and ensure vendors comply with their regulations and standards.