Overview

The National Association of Insurance Commissioners (NAIC) Annual Financial Reporting Model Regulation (Model Audit Rule) is in place.  Private insurance organizations are now required to comply with corporate governance and reporting standards by 2010 because of changes to the Model Audit Rule.

CSO Capabilities

Offering extensive Risk Management and Compliance Expertise along with industry leading CoBit knowledge to prepare your organization for your IT portion of the Model Audit Rule.

Our Approach

Leveraging our Sarbanes-Oxley 404 experience and our CoBit expertise, we can help prepare your IT organization's Model Audit Rule readiness plan including a top-down risk assessment.  Our professional staff will work with your organization to identify and document the necessary IT Controls to support your Management report of internal control over financial reporting (ICFR) efforts.

Benefits:

• Achieve compliance

• Reduce risk

• Improve reputation

• Improve governance

• Delivered solutions by experienced, technical experts using proven methods

Deliverables

• Model Audit Rule IT readiness plan