FERC, FAS and Sarbanes - Oxley Compliance
DMS' GasPro system is architected and designed to accommodate controls and reporting changes brought about by new clients, industry changes and regulatory requirements. With over 15 years of providing its clients with the audit information required to comply with their individual, and at times unique audit requirements, DMS has proven its ability to meet the FERC, FAS and SOX controls and reporting mandates.
The creation of the Sarbanes Oxley Act (SOX) caused no architectural changes in GasPro. DMS has always understood the importance of our clients' data integrity and its safekeeping, and GasPro was designed based on Generally Accepted Accounting Principles (GAAP), our expertise of the gas industry and a high level of process and data security. When SOX arrived in 2002/03, our clients simply asked us to provide the type of information for their audits that eventually ended up becoming what SAS 70 - Type II compliance requires today. Our clients have been passing their audits for over 15 years and GasPro has been passing the audits as well.
The architecture of the GasPro system facilitates the compliance with changing FERC requirements ( www.ferc.gov),FAS statements (www.fasb.org) and Sarbanes Oxley mandates (www.soxlaw.com) with ease.
