Sarbanes Oxley (SOX) Overview & Section 404 (Currently Unavailable)
Join Lynn Fountain, CPA, CGMA, CRMA, as she provides an overview of Sarbanes Oxley (SOX) and walks you through Section 404. Sarbanes-Oxley was passed in 2002 and the first year of attestation for SOX Section 404 was 2004. Section 404 is the most prominent of the eleven separate sections of the legislation. It has, by far, been the most costly and time-consuming element of compliance for both companies and auditors.
This course is excluded from all subscription packages.
This on-demand course will provide an overview of the legislation as well as the proper processes, controls and tests companies must use to determine adequate internal and financial controls. We discuss how to recognize components of SOX and the Internal Control Framework, the requirements for Top-Down Risk Assessment, as well as how to identify legislation changes and challenges, Auditing Standard 2 and Auditing Standard 5, and how to discover the SOX Sequence of process (documentation, design, evaluation).
Sarbanes-Oxley was passed in 2002 and year one of attestation for publicly traded companies was 2004. Ten plus years later the legislation continues to challenge companies, auditors and compliance professionals when evaluating a company’s control structure. SOX section 404, although the most prominent, is only one of the many requirements covered under the legislation.
In addition, the impetus of COSO 2013 has re-focused companies' efforts on evaluating their key controls. Companies must continually evaluate whether they have designed and identified the proper controls and have adequate tests in place to determine control efficiency. With the evolution of technology solutions, the impact of information systems changes must be continually evaluated to ensure controls are adequately addressed.
This on-demand course is dedicated to examining and executing a proper methodology for compliance with SOX 404. In completing this course, participants will be prepared to adequately comply with elements of SOX 404.
Total: 2 courses (4 CPE hours)
