|Remember headlines similar to these?
||Tyco Execs Stole $600M
||Enron Official Heads to Prison: Ex-Treasurer Pleads Guilty
||Former MCI CFO Pleads Innocent to Charges
The Sarbanes-Oxley Act of 2002 is a direct response to the faulty and illegal financial practices exemplified in the headlines.
The Sarbanes-Oxley Act is forcing public companies to examine their financial processes and disclosures. Many companies are currently looking at their areas of risk and documentation and internal control processes. They are developing a plan of action that builds on their internal audit work and incorporating a COSO-based internal audit approach. Once internal controls are in place, Finance executives and staff need to be trained in the new processes and procedures. The Training Alliance is helping these companies to develop custom courses to train their staff. A typical custom course may have learning objectives similar to those below.
After completing this training, you will be able to:
- Explain the basic corporate requirements in the Sarbanes-Oxley Act (SOX), Section 404
- Explain Your Company's resources and project milestones for compliance with SOX, Section 404
- Define the objectives of Your Company's internal control activities
- Identify the components of Your Company's internal controls
- Explain the basic steps for evaluating internal financial controls and identify Your Company's unique requirements for control evaluation
- Gather, organize and use information to evaluate internal financial controls.
For more information, contact: SOX@trainingalliance.com.