Sarbanes-Oxley (SOX) General and Application Controls

Sarbanes-Oxley (SOX) General and Application Controls udemy course free download

SOX, Sarbanes-Oxley, SOX Compliance, SOX Audit, SOX Controls, Internal Controls, Sarbanes-Oxley Act

This comprehensive course is designed for professionals who want to gain a thorough understanding of Sarbanes-Oxley (SOX) compliance, focusing on both general and application controls. Through this course, you will learn about the SOX Act, key controls, audit requirements, and best practices for ensuring compliance within your organization. By the end of this course, you will have the knowledge and skills to implement effective SOX controls and enhance your organization’s compliance posture.

Downloadable Materials:

Lecture 1 : Sarbanes Oxley Act of 2002

Lecture 2 : eBook - SOX Compliance Checklist

Lecture 3 : eBook - Risk Assessment Template

Lecture 5 : SOX Internal Control Questionnaire

Lecture 7 : eBook - SOX Controls Framework Template

Lecture 7 : eBook - Application Controls Inventory Template

Lecture 14 : eBook - Sample SOX Audit Report Template

Course Structure:

Module 1: Introduction to Sarbanes-Oxley (SOX)

• Lecture 1: Overview of the Sarbanes-Oxley Act

  • History and Purpose of SOX

  • Key Provisions and Sections

  • Impact on Public Companies and Financial Reporting

• Lecture 2: Understanding SOX Compliance Requirements

  • SOX Compliance Framework

  • Roles and Responsibilities of Management and Auditors

  • SOX Compliance Deadlines and Reporting

Module 2: General Controls under SOX

• Lecture 3: Introduction to General Controls

  • Definition and Importance of General Controls

  • Types of General Controls

• Lecture 4: IT General Controls (ITGCs)

  • Overview of ITGCs and Their Role in SOX Compliance

  • Key Components: Access Controls, Change Management, and Operations

• Lecture 5: Physical and Environmental Controls

  • Understanding Physical Security Controls

  • Environmental Controls and Their Impact on SOX Compliance

• Lecture 6: Disaster Recovery and Business Continuity Planning

  • Importance of Disaster Recovery in SOX Compliance

  • Developing and Testing Business Continuity Plans

Module 3: Application Controls under SOX

• Lecture 7: Introduction to Application Controls

  • Definition and Purpose of Application Controls

  • Difference Between General and Application Controls

• Lecture 8: Input Controls

  • Overview of Input Controls and Their Role in Ensuring Data Integrity

  • Key Input Control Techniques: Validation, Authorization, and Authentication

• Lecture 9 - Processing Controls

  • Understanding Processing Controls and Their Importance

  • Common Processing Control Techniques: Reconciliation, Exception Handling, and Error Reporting

• Lecture 10 - Output Controls

  • Overview of Output Controls and Their Role in SOX Compliance

  • Key Output Control Techniques: Distribution, Reporting, and Storage

• Lecture 11 - User Access and Authorization Controls

  • Managing User Access to Applications

  • Implementing Role-Based Access Control (RBAC) for SOX Compliance

Module 4: SOX Compliance and Auditing

• Lecture 12 - Planning for a SOX Audit

  • Preparing for a SOX Audit: Key Steps and Best Practices

  • Understanding the Role of Internal and External Auditors

• Lecture 13 - Conducting a SOX Audit

  • Audit Procedures for General and Application Controls

  • Gathering and Analyzing Audit Evidence

• Lecture 14 - Reporting SOX Audit Findings

  • Writing Effective Audit Reports for SOX Compliance

  • Communicating Audit Results to Management and the Board

• Lecture 15 - Responding to SOX Audit Findings

  • Developing and Implementing Remediation Plans

  • Monitoring and Follow-up for SOX Audit Recommendations

Module 5: Best Practices and Continuous Improvement

• Lecture 16 - Best Practices for SOX Compliance

  • Key Strategies for Maintaining SOX Compliance

  • Leveraging Technology for SOX Compliance

• Lecture 17 - Continuous Improvement in SOX Controls

  • Regular Review and Update of SOX Controls

  • Training and Awareness Programs for SOX Compliance

• Lecture 18 - Future Trends in SOX Compliance

  • Emerging Technologies and Their Impact on SOX Compliance

  • Anticipating Changes in Regulatory Requirements