Sarbanes-Oxley
The Sarbanes-Oxley Act of
2002 mandates huge changes in how companies do business. Section 404 alone has
driven the spending of millions of dollars on internal control and fraud
detection systems. And your audit committee has been given immense new
responsibilities.
With the unforgiving
oversight of the SEC and the PCAOB (Public Company Accounting Oversight Board),
familiarity with Sarbanes-Oxley (SARBOX) is critically important! This workshop provides
insight into what Sarbanes-Oxley requires, helps you insure that processes are met,
and requirements are in effect and working throughout your
organization, thus avoiding serious harm and severe penalties for management and
directors.
Workshop/Speech
Plan, Design, Risks and
Penalties Protection
The
Sarbanes-Oxley Act of 2002
Corporate governance
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Board of Directors and
Audit Committee responsibilities
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Establishing procedures for
receipt of complaints for your clients
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Composition of Audit Committees: Meeting the
Sarbanes-Oxley independence criteria Duties of the Audit Committee
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Rotation periods for audit partners
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Auditor’s responsibilities
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U.S. government supervision of auditors
The Certification
Requirements
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Section 302 certifications
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Section 906 certifications
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Section 404 internal control certifications
Filing reports required by
Section 404
Opposition and efforts to
repeal Section 404
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COSO framework
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Effective testing controls
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Outside auditing of controls
Audit Committee
Requirements
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Audit Committee Proxy Statement Disclosures
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What the Audit Committee must know to manage the audit
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What should happen during the audit and conclusion of the audit
Codes of Conduct and
Ethics
New Rules, Technological
Developments and Evolving Trends
Question and Answer
Session - Hear Real-World Sarbanes-Oxley Questions
Answered!
