Mock SEC Audits

Your compliance program will benefit from the watchful and experienced eye of a third party consultant, trained to review your existing compliance program with the same attention as SEC auditors. ACI employs our regulatory compliance background and in-house staff of former SEC regulators to conduct Mock SEC/FINRA audits for your firm that will help you to achieve compliance best practices and make it through an actual SEC audit unscathed. 

What are the benefits of conducting a Mock Audit with ACI?
1. You will leverage the experience of professional auditors, the objectivity of a third party consultant, and the expertise of former SEC regulators to survey the health of your compliance program and work to achieve compliance best practices.
2. Your firm will be prepared for the time when the SEC or FINRA comes in to conduct an actual audit and keep any violations to a minimum by adequately preparing for an examination and addressing any compliance issues before-hand. 
3. Investors will feel greater confidence in the compliance practices and security of investing with your firm if you have had a third party review your compliance program. With a flight to quality, the reputation of the third party will also hold weight for investors. ACI has an outstanding reputation for regulatory compliance excellence. 

How the Mock Audit is Conducted?

ACI sends in one of our regulatory professionals to your company’s office to conduct a review of the compliance program in place at your firm. The review is conducted by the same method in which an audit would be performed by the SEC, by conducting a calculated sampling of materials to review such as compliance files, financials, books & records, and transactions. ACI offers a 1, 2, or 3 day review based on your preference, allowing the availability to increase the sampling size of the Audit. Pricing is based on the hourly legal consulting rate of the Mock Auditor. A verbal review of findings will be presented at the end of the audit, along with a list of the areas that require additional compliance attention to meet regulations. ACI will then present your firm with a pricing proposal for what we would charge to address any regulatory issues uncovered during the mock audit.

Whether you are currently registered with the SEC or just starting your compliance program, a Mock Audit or Risk Assessment is a great way to define and optimize your compliance program. Contact ACI at info@acisecure.com to get started.