Description

The SOX Audit Fundamentals course provides participants with a comprehensive understanding of the Sarbanes-Oxley Act (SOX) and its impact on financial reporting and internal controls. The course covers the key principles, requirements, and best practices associated with conducting effective SOX audits. Participants will learn how to assess and test internal controls, identify control deficiencies, and develop recommendations for remediation. The course also explores the roles and responsibilities of auditors, management, and audit committees in ensuring compliance with SOX regulations

Course Objectives

• Understand the purpose and significance of the Sarbanes-Oxley Act.
• Familiarize participants with the key sections and requirements of SOX legislation.
• Gain insight into the roles and responsibilities of auditors and other stakeholders in the SOX audit process.
• Develop a systematic approach to planning and scoping a SOX audit.
• Learn techniques for assessing and testing internal controls to ensure compliance.
• Explore methods for documenting audit procedures and workpapers effectively.
• Understand the reporting requirements and the creation of audit reports for management and external stakeholders.
• Recognize common challenges and issues encountered during SOX audits and strategies to address them.
• Stay up-to-date with recent developments and changes in SOX regulations and their impact on auditing practices.

Course Outline

Course Outline for SOX Audit