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

Plan, Design, Risks and Penalties Protection

The Sarbanes-Oxley Act of 2002

¨      Corporate governance

¨      Audit Committee responsibilities

¨      Auditor’s responsibilities

¨      U.S. government supervision of auditors

The Certification Requirements

¨      Section 302 certifications

¨      Section 906 certifications

¨      Section 404 internal control certifications

¨      COSO framework

¨      Effective testing controls

¨      Outside auditing of controls

Audit Committee Requirements

¨      Duties of the Audit Committee

¨      Audit Committee Proxy Statement Disclosures

¨      What the Audit Committee must know to manage the audit

¨      What should happen during the audit and conclusion of the audit

Protecting the Audit Committee from Claims of Failure