the influence Sarbox in IT Audit 2818
searchingSOX last edited by
hi… i have a paper about Sarbox in my university…
can anyone explain to me about the influence Sarbox in IT audit??
i really appreciate your answer… thanks… ^^
harrywaldron last edited by
Hi - Briefly, SOX relies on external auditors to validate that Financial systems are well controlled from an IT and workflow standpoint. As SOX is essentially an ‘internal self-monitoring discpline that the company must impose on itself’, audit provides a role of measurement and independance to ensure compliancy.
Auditors make certain companies are meeting their requirements as a public company and provide signoffs that senior management has the SOX related activities well controled (and that no one is cooking the books like Enron did to deceive stock holders).
GETTING STARTED RESOURCES – Below are some ‘getting started’ resources that might be helpful, in addition to good sharing in these forums
GETTING STARTED WITH SOX COMPLIANCY
(see last post for key links)
Many external audit firms use COSO and COBIT guidelines to ensure SOX compliancy requirements are met.
COSO - SOX Workflow controls
COBIT - SOX 404 IT Controls for Financial Systems