Listed companies are required, by laws and regulations (“J-SOX”), to establish, operate and evaluate its internal controls over financial reporting, and report on their effectiveness. Although private companies are not subject to such specific legal requirements for internal controls, it may be useful for them to have good internal controls to improve the effectiveness of their business processes.
Ductus assists listed companies in fulfilling J-SOX requirements for internal controls. Ductus also assists small and medium-sized private companies in establishing and operating internal controls focusing on not only the reliability of financial reporting but more importantly the effectiveness and efficiency of business processes.