SOX/ICFR Compliance

Strengthening Internal Controls. Supporting Compliance. Scaling Assurance.

Public companies and pre-IPO organizations face increasing scrutiny from regulators, auditors, and stakeholders. With evolving control environments and expanding reporting obligations, achieving and maintaining SOX / ICFR compliance requires skilled resources, disciplined documentation, and a risk-based approach.

At Varah Risk Advisory Services LLP, we offer comprehensive SOX compliance services through a flexible offshore model, enabling organizations and CPA firms to scale their testing and documentation needs with confidence. Our team is led by Big 4–experienced professionals who understand the expectations of auditors, management, and regulators - and deliver workpapers that withstand scrutiny.

Our SOX / ICFR Services

SOX / ICFR Readiness for Pre-IPO Companies

Preparing for SOX for the first time can be overwhelming. Varah helps organizations build a solid foundation by:

Performing SOX scoping and risk assessments.
Documenting processes and internal controls (flowcharts, narratives, RCMs).
Conducting control walkthroughs and aligning expectations with external auditors.
Identifying design gaps and recommending control enhancements.
Supporting remediation and implementation.
Conduct SOX/ICFR orientation trainings for client personnel.

We help clients understand their control responsibilities and prepare for year-one SOX adoption.

Ongoing SOX Compliance

For public companies, maintaining a robust SOX program requires consistent testing, monitoring, and documentation. Varah supports ongoing compliance through:

Annual scoping and risk assessments.
Design & Implementation (D&I) testing.
Operating Effectiveness (OE) testing.
Updating process documentation.
Identifying deficiencies and recommending remediation.
Quarterly certification support (management testing, surveys, evidence review).
Coordination with external auditors.

Our offshore model provides high-quality, audit-ready documentation, enabling clients to meet deadlines without resource strain, cost effectively.

Process/Controls Documentation & RCM Development

Well-structured documentation is a key element of SOX compliance. We prepare:

Narratives and process maps.
Risk and Control Matrices (RCMs).
Test scripts and walkthrough documentation.
Evidence organization and archiving

Our approach is clear, standardized, and aligned with PCAOB and COSO frameworks.

Co-Sourcing and Offshore Testing Support

Varah integrates seamlessly with CPA firms, advisory practices, and in-house SOX teams of pre-IPO and public companies through:

Loaned staff (under onshore supervision).
Co-sourcing models (shared responsibility).
Offshore-led testing (Varah-managed delivery).

This flexibility allows clients to scale their SOX programs without increasing headcount.

Auditor Alignment & Issue Management

We help clients align to, and maintain strong relationships with, their external auditors to maximize efficiency from external auditor’s reliance on management testing of controls:

Preparing clear testing documentation.
Ensuring consistent evidence review.
Tracking and resolving deficiencies.
Supporting walkthroughs and control owner discussions.

Our team understands auditor expectations and helps strengthen the reliability of testing results.

Why Choose Varah for SOX / ICFR Compliance?

Big 4–Level Quality at Offshore Rates: Experienced professionals deliver robust testing and high-quality workpapers for cost-effective offshore rates.
Risk-Based, Practical Approach: We focus on critical risks and relevant controls, reducing unnecessary testing and improving clarity for control owners.
Scalable Teams: From one senior consultant to a full offshore testing team - we are able to scale up or down, fairly quickly.
Strong Project Management and Proactive Communication: Clear, proactive updates and consistent collaboration across time zones.
Pilot-Friendly Engagement Model: Test our quality through a 2-week pilot (one process area, ~10 controls).

Let’s Strengthen Your SOX Program Together

Whether you’re preparing for IPO readiness or looking to enhance your existing SOX program, Varah offers reliable, scalable, and cost-effective offshore support.

📩 Contact us to schedule a consultation or start a pilot engagement.