In this blog, you will learn more about identifying entity-level controls or ELCs as part of Auditing Standards No. 5. We discussed entity-level controls in part 4, but we’ll talk about it here in more detail. So if you want to learn more about SOX 404 requirements, then read on.
Want a refresher on SOX Section 404 requirements without reading the entire Auditing Standard 5? Need a summary to AS5? This is part 4 of a series to de-mystify SOX 404. It covers the Using a Top-Down Approach which mentions: financial statement level …
Welcome to Part 3 of Auditing Standard Number 5. AS5 has over a 100 pages which is really daunting to read for most people. I am going to make it easy to understand by focusing on key phrases. In this session we cover, Using the Work …
Want the cliff notes to Auditing Standard 5 without reading it? What is the role of risk assessment? What’s “the story” behind addressing the risk of fraud? I will go over all of this in part 2 of a series to de-mystify SOX 404. It will cover the following sections from the…
This training blog is made for you to understand Auditing Standards No. 5 without having to go through over a hundred-page book lecture. This will give context to the SOX 404 requirements, so it’s recommended for those looking for a refresher or just new to SOX 404.
As part of SOX compliance, if you are using NetSuite, you will need to review…
This is part 2 of the NetSuite SSAE 16 review and mapping of controls series. As reminder, in part 1, we discussed how to review the report and see whether the report is a Type I or Type II report that you can rely on. We also discussed what an unqualified opinion is and how to read it. […]
NetSuite has become a popular ERP solution for many mid-size companies. If you use NetSuite…
Welcome to Part-3 of SSAE16 How to Review and Map Controls for Equity Edge. In this final part, we will focus on: What controls am I relying on? What do I do after I review the SSAE 16 report as evidenced of my review and documentation?
Welcome to Part 2 of SSAE16 – How to Review and Map Controls for Equity Edge. Many of our public clients used Equity Edge and part of SOX compliance; they have to review the SOC 1 reports to see if they can rely on the controls and what else they need to do to document them.