Keeping it Straight
A critical component of E4X solutions are the accounting and auditing tools that support the need to meet regulatory compliance obligations. EX generates detailed reconciled reports for Audit Trail, Journal Entries, SOX (Sarbanes – Oxley Act ) requirements, simplifying accounting and financial processes, and reducing obligations on internal resources. Price Waterhouse Coopers has awarded E4X systems and processes with SAS 70 certification.
- Automated journal entries for each transaction that meet your own internal financial system requirements
- Comprehensive audit trails for the full life cycle of each transaction
- Fully transparent FX hedging and reporting dramatically reduces need to implement FX controls and validation processes required under the Sarbanes-Oxley Act (SOX)
- Fully compliant with “Hedge Accounting” (FAS133) by meeting Documentation and Designation obligations
