Sarbanes-Oxley (SOX) Auditing Standards
Original price was: $49.99.$14.99Current price is: $14.99.
What you will be taught
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Explore the background of the Sarbanes-Oxley Act of 2002 (SOX) and acknowledge the aim of auditing requirements.
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Explore Auditing Standard 2 (AS2).
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Management evaluation course of,Top down strategy.
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Fraud, Terms, Entity stage controls and walkthroughs.
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Explore Auditing Standard 5 (AS5).
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Key modifications, Top down strategy.
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Entity controls, Significant Accountants, Definitions.
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Explore the Next Phase – The 2013 Committee of Sponsoring Organizations (COSO) Framework.
Generally Accepted Auditing Standards (GAAS) are Standards in opposition to which the standard of audits are carried out and judged. In the U.S., Standards are promulgated by the Auditing Standards Board (ASB), a division of the American Institute of Certified Public Accountants (AICPA). Since the passage of the Sarbanes-Oxley Act of 2002 (SOX), the Public Company Accounting Oversight Board (PCAOB) has developed requirements for publicly traded firms. Sections 103(a)(2)(A) and 404(b) of the SOX Act directed the Board to ascertain Professional requirements governing the unbiased auditor’s attestation and reporting on administration’s evaluation of the effectiveness of Internal Control Over Financial Reporting (ICFR).
Auditing Standard 2 (AS2) was the preliminary customary launched to supply public accounting companies steerage concerning the necessities to adjust to Sarbanes-Oxley. Due to the various difficulties confronted by companies and issuers within the early years of compliance, the PCAOB launched Auditing Standard 5 (AS5) in 2007 which outdated AS2. AS5 was designed to supply clearer steerage and remove a few of the questions that had plagued companies and corporations by way of the preliminary years of attestation. AS5 is the auditing customary at present used when complying with SOX. However, you will need to have an understanding of AS2, it’s expectations and challenges have the ability to appropriately scope and perceive the transition to AS5. This course will present a top level view of each legislations and spotlight the challenges and purposes of the requirements. It is essential for professionals to have a powerful understanding of the ideas outlined in each auditing requirements and the impetus for change that resulted in AS5. This course is designed to supply a powerful understanding of those ideas.
Who this course is for:
- Anyone curious about Accounting, Finance, Internal Auditing, or associated fields.
10 reviews for Sarbanes-Oxley (SOX) Auditing Standards
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Original price was: $49.99.$14.99Current price is: $14.99.
Murat Akyol –
The training was good, but it can be improved by adding more videos. Especially, I cannot understand why the teacher put a video of continuous playing.
Ikram Altindag –
The instructor is very good at explaining but this is a webinar, which focuses on only a few key topics. It is definitely helpful to have an idea about SOX, but it is obviously not a course. Besides, second half of the course(!) is a repetition of the first half, which means that the duration is roughly 1.5 hours. Still, thanks a lot!
Pancham Bedre –
Lecture no. 11 could be removed as it is a consolidated version of all earlier lectures. The lecture video can be removed or re-positioned in few slides as the wording get hidden.
Tomislav Matic –
I work as auditor and i am using this class to refresh knowleadge. Mail reason I put 3/5 is because in real audit you dont need to know what standard put what. You can learn, and you can see, but that is not practial for real work.If class would be put as comparison with resources for what AS2 has and what AS5 hav with ISO standards. That would be real class
Ruby Clay –
Awesome course to assist in better understanding SOX process.
Nanette Searway –
As always, I enjoy Lynn’s courses. Very knowledgable in her area of expertise.
Vishwaradhya.A.Awanti –
The discussion give many details on SOX which were not known earlier….So Background to SOX is as very important part to under stand SOX now….!!
Ian Sanchez Moroni –
O curso é listado com uma carga horária de 3hrs, mas efetivamente tem somente 1,5 hrs (a última aula é somente todas as aulas anteriores compiladas em um arquivo único). Em razão disso o conteúdo é muito mais raso que o esperado.
Sharon Kisluk –
It’s a good course but misleading – it’s not 3 hours of lectures, it’s 1.5hours broken down into 9 videos AND the entire thing again as a 1.5h addition. So really it’s a 1.5h webinar
Zahir Akhtar Ahmed –
Hellpful