Hello, everyone! I know your secret fantasy is to spend more time with auditors. While we would like to spend more time with you as well, I think we can both agree that it would be more enjoyable to spend that time sharing a good meal, relaxing at a happy hour, or something like that, [...]
Hello, everyone! In this session, I’m going to be reviewing with you the User Acceptance Testing (UAT) Approval and what is considered good documentation. This is taking it from the perspective of the IT person or the process owner who has to save this documentation as evidence for Sarbanes-Oxley (SOX) Compliance. [...]
This is the last part of the quick guide about COSO 2013. In this part, you will learn the steps involved in the mapping process and the considerations to look at during the mapping process.
This is part 2 of the three-part blog guide about the COSO 2013. In this guide, you will learn about the purpose of COSO Mapping, the Mapping template created by A2Q2, and the components and other sections of the Mapping Template. The following will be covered in part 2: COSO Mapping and Template Mapping Template [...]
This is part 1 of the three-part guide about COSO 2013. To make it easier, you will first learn about the overview of the COSO framework. Then the next steps will be about the mapping template and mapping process.
NetSuite allows users to customize the dashboard using portlets. This feature is a great way for you to easily look at a glance the reports and other business-related KPIs that are most important to you. Having the highlights or high-level reports you need in one place will definitely save you time. Here, you will learn [...]
Here is an overview of what the testing training will cover. Our testing is on Test of Effectiveness or TOE. We’re verifying that control has been in place, and it operates as it was designed over a period of time. Lead Sheet & Control Descriptions; Test Procedures; & Workpaper Documentation
In this session, I will be reviewing with you a SOX Walk-through and an example of documentation and what level of detail is needed so that auditors can rely on your work. Objectives of Walk-through; Control Descriptions; Walk-through Procedures; and Document Example.
Welcome to spreadsheet testing for SOX. We previously discussed report testing for SOX (link to #39). There’s a difference between spreadsheets and system reports. We will go over that today and how to scope key spreadsheets. We will also tell you some other criteria to help you prioritize them. Next we will show you the steps to...
Welcome to SOX system reports testing. Report testing has received a lot of focus by external auditors and the PCAOB recently so we want to address it today. The reason these system-generated reports are important is because management uses them to make judgements for booking journal entries or recording financial transactions and...