Welcome to AuditBoard Essentials, today we will discuss the world of SOX compliance and the Sarbanes-Oxley Act. Discover the requirements, challenges, and key provisions, such as Sections 302 and 404. Learn how SOX compliance impacts corporate governance, financial disclosures, and accountability. Explore the positive impacts on risk management, cybersecurity, and financial reporting. Stay tuned for valuable insights on reducing SOX compliance costs through automation tools.
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#soxcompliance #internalaudit #sarbanesoxleyact #auditboard #auditboardessentials #auditprogram #riskmanagement #cybersecurity
Chapters
0:00 Introduction to SOX Compliance
0:14 Sarbanes Oxley Act of 2002
0:47 Key Provisions - Sections 302 and 404
2:01 Impact on Corporate Governance and Financial Disclosures
2:33 Positive Impacts on Risk Management and Cybersecurity
2:52 Challenges and Concerns
3:16 Solutions: Leveraging Technology for SOX Compliance
3:36 Conclusion