Course information

Sarbanes-Oxley Certified Professional Course Outline

Module 1: Sarbanes-Oxley Act

  • Sarbanes-Oxley Act: What is it?
  • Sarbanes-Oxley Act: A Background
  • Sarbanes-Oxley Act: The Purpose
  • US Federal Legislation
    • Financial Reporting
    • Corporate Governance
  • Sarbanes-Oxley Act of 2002 – Key Sections

Module 2: Finance Auditing

  • Securities and Exchange Commission
  • Electronic Data Gathering, Analysis, and Retrieval system
  • Public Company Accounting Oversight Board (PCAOB)
  • Standing Advisory Group (SAG)
  • Define Auditing
  • Financial Audit
  • PCAOB Auditing Standards
  • Difference Between SOX and SOC
  • SOX and SOC Auditing
  • Management’s Testing
  • Management’s Documentation
  • Reports Used to Validate SOX Compliant IT
  • Infrastructure
  • Documentation Issues
  • Section 302, Section 404, and Section 906
  • Management’s Responsibilities

Module 3: Committees

  • Committees and Teams
  • Project Team
  • Steering Committee
  • Committee
  • Disclosure Committee
  • Certifying Officers and Audit Committee
  • Control Deficiency
  • Deficiency in Design
  • Significant Deficiency
  • Material Weakness
  • Deficiency or Material Weakness?
  • Reporting Weakness and Deficiencies

Module 4: Examples

  • Example/Case Study
  • Public Disclosure Requirements
  • Real Time Disclosures on a Rapid and Current Basis
  • Companies Affected
  • Whistle-Blower Protection
  • Rulemaking Process
  • Securities Act of 1933
  • Investment Company Act of 1940
  • Investment Advisers Act of 1940
  • Dodd-Frank Wall Street Reform and Consumer Protection Act
  • Rulemaking Process
  • SOX - International Concerns
  • Foreign Private Issuers (FPIs)
  • American Depository Receipts (ADRs)
  • Types of ADR Programs
  • Employees Affected and Effective Dates

Module 5: Internal Controls - COSO

  • Overview
  • Using the COSO Framework Effectively
  • Control Environment
  • Risk Assessment
  • Context – Input
  • Context Tasks
  • Control Activities
  • Information and Communication
  • Monitoring Activities
  • Effectiveness and Efficiency of Operations
  • Reliability of Financial Reporting
  • Compliance with Applicable Laws and Regulations
  • IT Controls
  • IT Controls and SOX Relevance
  • System Development and Change
  • Systems Development: Auditing Objectives
  • Systems Development IC
  • Types of IC
  • Layers of Overlapping Controls

Module 6: COSO Enterprise Risk Management

  • Risk Management
  • Risk Treatment Plan
  • Managing Incidents
  • Business Continuity
  • Information Security
  • Financial Risk Management
  • Enterprise Risk Management
  • Enterprise Risk Management in Context
  • Implementing Enterprise Risk Management
  • Structure of the Business Organisation
  • Integrating Across Perspectives
  • ERM Framework
  • Is COSO ERM Needed for Compliance?
  • Success Factors
  • Internal Environment
  • Objective Setting
  • Event Identification
  • Risk Assessment and Risk Response
  • Control Activities
  • Information and Communication
  • Perspectives – Inter-Relationships
  • Perspectives – ERM
  • Monitoring
  • ERM: Implementation
  • Fraud Risk
  • Chief Risk Officer
  • COSO ERM Cube
  • COSO IC Cube
  • Objectives
  • Evaluating ERM
  • ERM: Alternative Uses
  • ERM – Application Techniques
  • Core Team Preparedness
  • Implementation Plan
  • Likelihood and Impact Risk Ranking

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Who should attend this Sarbanes-Oxley Certified Professional Course?

The Sarbanes-Oxley Certified Professional Course provides learners with the knowledge and skills they need to comply with the Sarbanes-Oxley Act (SOX). The professionals who can benefit from this course includes:

  • Internal Auditors
  • Legal and Regulatory Affairs Professionals
  • Risk Management Specialists
  • Compliance Officers
  • External Auditors
  • Consultants
  • Internal Auditors

Prerequisites of the Sarbanes-Oxley Certified Professional Course

There are no formal prerequisites for this Sarbanes-Oxley Certified Professional Course.

Sarbanes-Oxley Certified Professional Course Overview

The Sarbanes-Oxley Act (SOX) authorised strict reforms to improve financial disclosures from corporations and prevent accounting fraud. SOX compliance is the annual audit in which a public company has to give evidence of data-secured and accurate financial reporting. It has enhanced investor confidence and investors' accountability expectations for corporate officers and their legal as well as accounting experts. It benefits various organisations by providing them with a starting point for asset analysis. Adding Sarbanes-Oxley as a skill in learners' profiles will surely help them climb the ladder of success in terms of value and career opportunities.    

Our 3-day Sarbanes-Oxley Certified Professional Training course aims to provide delegates with a comprehensive knowledge of Sarbanes-Oxley (SOX). During this course, delegates will learn about electronic data gathering, analysis, and retrieval systems in finance auditing. They will also learn about various essential topics such as control deficiency, public disclosure requirements, types of IC, risk treatment plan, the structure of the business organisation, ERM framework, likelihood risk ranking, and many more. Our highly professional trainer with years of experience in teaching such courses will conduct this training course and will help you get a complete understanding of this course.

This training will also cover the following concepts:

  • Effects of the SOX
  • PCAOB auditing standards
  • Management’s responsibilities
  • Deficiency in design
  • Rulemaking process
  • Reliability of financial reporting
  • Financial and enterprise risk management

At the end of this Sarbanes-Oxley Certified Professional Training course, delegates will be able to use the committee of sponsoring organisations' framework effectively. They will also be able to manage financial and enterprise risk properly without any issues.  

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What’s included in this Sarbanes-Oxley Certified Professional Course?

  • Sarbanes-Oxley Certified Professional Examination
  • World-Class Training Sessions from Experienced Instructors 
  • Sarbanes-Oxley Certified Professional Certificate
  • Digital Delegate Pack

Sarbanes-Oxley Certified Professional Exam Information

To achieve the Sarbanes-Oxley Certified Professional, candidates will need to sit for an examination. The exam format is as follows: 

  • Question Type: Multiple Choice 
  • Total Questions: 40 
  • Total Marks: 40 Marks 
  • Pass Mark: 65%, or 26/40 Marks 
  • Duration: 60 Minutes 

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Mumbai is situated within the West Coast of India, as well as it being the capital of Maharashtra, it plays an important part within the global economics system. Bombay as the city was previously known as, up until 1995 is also known as an alpha world city and has the largest number of millionaires and billionaires across India, with it therefor being noted as the wealthiest city in India. Mumbai is home to around 18.4 million people and is regarded as the second largest metropolitan population within India as of the record in 2011 with 20.7 million people. Schools and Colleges within Mumbai can be found within the city as well as the suburbs and are either run privately, by the government or the Brihanmumbai Municipal Corporation. Secondary schools are operated by the MCGM primary education system to which it is schooling around 485,531 students in 1,188 primary schools and around 55,576 students in 49 secondary schools within eight different languages these being English, Hindi, Urdu, Kannada, Marathi, Tamil, Gujarati and Telugu. Colleges offer students opportunities to participate within Junior college level, undergraduate level, BCom, BSc and BA courses. As stated by the 10+2+3/4 plan students complete ten years at school to then go on to a junior college and study either science, commerce or arts and they complete that over a two year period. University courses at a degree level are offered in a wide range of different subjects such as engineering, law, media, applied arts and architecture, management, dental, pharmacy as well as Commerce and Science. There are a few universities and colleges within Mumbai and these are the University Institute of Chemical Technology, Indian Institute of Technology (Bombay), SNDT Women’s University, Government Law college, Veermata Jijabai Technological Institute, Narsee Monejee Institute of Management Studies, Sir J. J. School of Art which is the oldest art institution within Mumbai along the Thadomal Shahani Engineering College which is also the oldest private engineering college and the first of its kind to join up with the University of Mumbai to be able to give students the chance to learn about the biomedical engineering, computer engineering, biotechnology and information technology. The University of Mumbai is regarded to be one of the premier universities within India with achievements such as being placed within the top 50 engineering schools of the world ranking at 41 by the American Business Insider within 2013 as well as excelling as the 3rd best multi-disciplinary university within the QS university rankings within India.   

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Address

Safal Institute 
613, Corporate Centre
Nirmal Lifestyles Mall
LBS Marg
Mulund (W)
Mumbai 400080

T: +91 8037244591

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Sarbanes-Oxley Training | Sarbanes-Oxley Certified Professional Training in Mumbai. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Sarbanes-Oxley Training | Sarbanes-Oxley Certified Professional Training in Mumbai, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Sarbanes-Oxley Training | Sarbanes-Oxley Certified Professional Training in Mumbai. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Sarbanes-Oxley Training | Sarbanes-Oxley Certified Professional Training in Mumbai sessions.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

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