Auditing Using SOX

The Sarbanes-Oxley Act (or SOX as it is often referred to) has been described as the “most broad-sweeping legislation” since the Securities Act of the 1930s. Enacted by President Bush in 2002 in response to such corporate accounting scandals as Enron and WorldCom, the Act is transforming business in corporate America and around the world.

The comprehensive 3-day Sarbanes - Oxley Intensive Camp is an opportunity for you to experience virtually every important element of SOX and how it applies to your job, your career, your company and your industry. This is the most thorough SOX training program in the world and, through a series of simulation workshop exercises, it is designed to address the unique    needs of finance, accounting, IT, legal and audit professionals alike.

• Types of Business Application Audits
• Relationship of Application Controls to General Controls
• Statements on Auditing
• Planning / Resource Requirements
• Audit program development and Execution

Learning Level: Intermediate

Duration: 3 day(s)-

• Introduction to Course
• Purpose and Objectives of Course
• Types of Business Application Audits

• Application Controls
• General Controls
• Relationship of Application Controls to General Controls
• Types / Sub Categories of Controls COSO

• ISACA
• Institute of Internal Auditors
• General Accounting Office
• Texas Internal Auditing Act
• Department of Information Resources
• Statements on Auditing
• Standards (SAS), including SAS

• Planning / Resource Requirements
• Scoping / Application Identification
• Application Risk Assessment
• Audit Program Development
• Identifying, Testing, and Assessing Control Reliability
• Data Integrity Testing
• Certifying Computer Security
• Issue, Finding and Report Development and Presentation
• Follow-up considerations

• Transaction Authorization and Origination
• Input
• Processing
• Output
• Security
• Maintenance

• Batch Online
• Real Time

• Beginning the Audit
• Identifying and
• Documenting Controls,
• Testing Controls and
• Using Automated Audit Resources.

• Scenario layout, Planning and Scoping
• Audit program development and Execution
• Use of automated audit tools
• Reporting
• Post-exercise discussion