MOSASO

Microsoft Office Solution Accelerator for Sarbanes-Oxley (MOSASO) is focused on the large companies performing the financial transactions in the USA and falling under operation of the law Sarbanes-Oxley of 2002. The law demands from the management of the companies, Boards of Directors and independent auditors of specific actions for achievement of transparency of transactions and accounting.

For implementation of requirements of SOX MOSASO helps the companies to trace key internal financial processes and controls, to book their audit and also to provide internal control of enterprise-wide crucial data and risk minimization of mismatch to statutory requirements. The solution will allow to improve the system of obtaining really reliable information by the management about real situation in the company. MOSASO is used for preparation of all necessary managerial reports according to Articles 302 and 404 SOX.

In addition to risks of the reporting within SOX in MOSASO risks, control procedures, results of audits on any business processes can be considered. Therefore this product can be useful to all enterprises implementing management of rist and internal control.

Use of MOSASO has essential advantage in comparison with other SOX systems as the solution allows to involve in risk management process (a financial reporting preparation within SOX and risks of other business processes) all participants - owners of control procedures, risk managers, internal auditors in a single system of the enterprise (group of companies), without purchasing additional licenses for this product.

Functionality of MOSASO

• Management of documents and information. MOSASO allows to configure properties and interrelation of the main objects of SVK — business processes, risks, financial statement line items, control procedures.
• Communication and cooperation. Documents SVK in MOSASO have a processing route. A system timely provides the employees occupied in one process, adequate notices, controls document revisions. Thanks to this solution the system of the relations of different structural and territorial units of the company is improved and the efficiency of cooperation increases.
• Control and reporting. MOSASO provides with information for implementation of monitoring of the course of documentation of procedures, efficiency evaluation of SVK
• System availability. MOSASO is constructed on the basis of widely known technologies of Microsoft and has the friendly interface that does it to intuitive all users in the organization.
• Flexibility. The solution can be set up under any organizational functional structure irrespective of its geographical distribution. Reference books of business processes, risks, control procedures can be at the same time submitted in several measurements, for example for the management and contractors.
• Independence and openness. The solution of Microsoft can work in any company irrespective of the automated control system used in it. At the same time, the solution is open for integration into external applications.
• Scalability. For work of any remote division only Internet Explorer and Microsoft Office application (InfoPath) is demanded.