Sarbanes-Oxley (SOX) Testing
3.9 (43 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
164 students enrolled

Sarbanes-Oxley (SOX) Testing

This course focuses on the validation of operation, which is executed through a test of control within Sarbanes-Oxley.
3.9 (43 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
164 students enrolled
Last updated 8/2017
English
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Current price: $69.99 Original price: $99.99 Discount: 30% off
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This course includes
  • 1.5 hours on-demand video
  • 2 articles
  • 2 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Identify methods to ensure the proper controls are selected for testing.
  • Identify the variance between key controls and secondary controls.
  • Understand and execute testing procedures for design and operating effectiveness of controls.
  • Evaluate methods for executing testing such as: inquiry, observation, reperformance, walkthroughs, and data mining.
  • Explore the nature of timing for your test of controls.
Requirements
  • No advanced preparation or prerequisites are needed for this course, but completion of the instructor's previous webinars on Sarbanes-Oxley (SOX) may be helpful.
Description

Often, when the term Sarbanes-Oxley (SOX) comes up, individuals contemplate the testing processes that are required to be executed.  As evidenced in previous courses, many things must occur prior to even beginning to contemplate what, when and how to test.  Previous courses have discussed an overview of the Sarbanes-Oxley legislation at a high level, SOX authoritative bodies including the Public Company Accounting Oversight Board (PCAOB) and the Securities and Exchange Commission (SEC), the evolution of the Sarbanes-Oxley standards, performing a top down risk assessment (RA), evaluating entity level and soft controls, SOX sections 404, 302, 806, 902, and 906, and the connection to an internal control framework and the Committee of Sponsoring Organizations (COSO) 2013.

This course focuses on the validation of control operations, which is executed through tests of controls.  Tests can be performed in multiple ways and will be dependent on the type of control.  In some instances, several tests may be performed on one control.

If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Sarbanes-Oxley (SOX) Testing. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.

Who this course is for:
  • Anyone interested in finance, accounting, risk management or related fields.
Course content
Expand all 14 lectures 01:18:47
+ Introduction
12 lectures 01:18:46
Design Effectiveness
06:11
Testing Operating Effectiveness
03:12
Relationship of Risk to Controls Tested
10:58
SOX - Nature of Tests
03:35
SOX - Timing of Tests
03:00
Key Vs. Secondary Controls
03:00
Inquiry
05:31
Walkthroughs
10:57
Data Mining and Analytical
10:43
Course Summary
08:37
+ Supporting Materials
2 lectures 00:01
Slides: Testing
00:00
Testing Glossary/Index
00:00
+ Review and Test
0 lectures 00:00

Review Questions: Sarbanes-Oxley (SOX) Testing

Review Questions
6 questions

FINAL EXAM: Sarbanes-Oxley (SOX) Testing

FINAL EXAM
10 questions