Overview:
This webinar will provide an update on current trends associated with a company’s internal control environment, and expectations for public companies to maintain documentation of the execution of processes and controls. Topics to be discussed include:
- Documentation expectations associated with management review controls
- How to document the controls associated with information produced by the entity (IPE)
- Controls over estimates and significant unusual transactions
- Monitoring activities and evaluating deficiencies
- Using the latest automation techniques
Objective:
To update financial professionals on recent guidance and enforcement actions that impact the internal control environment, as well as expectations for public companies to maintain documentation of the execution of processes and controls.
Emphasis:
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Hot Topics & Current Challenges
– Current SOX hot topics
– Estimates and assumptions
– Segregation of duties and user access
– Fraud risk assessment
– Auditors' use of analytics and tools
– Impact of ESG on 'investor grade' information expectation
– Cyber
– Inspection themes
– Current challenges with ICFR programs -
Governance Structures
– SOX IT controls -
Automation & Internal Controls
– Changes in information technology environment
– Automated testing - SOX Program Maturity
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Deficiency Evaluation & Remediation
– Control deficiencies
– Remediation challenges - ESG & Internal Controls