Welcome to NetSuite Chart of Accounts Upload. We have done a lot of data migration projects and would like to share the mistakes we have made with you so you can avoid them. In this session we briefly review the data migration process, look at the list or the type of data that we have to upload, and specifically narrow in on chart of accounts including…
We have completed a lot of NetSuite implementation and consulting projects in the past, and we would like to share some of the things we learned, so that you don’t have to make the same mistakes we made. In this article we are going to discuss the reasons why companies choose NetSuite, NetSuite data migration overview, and the steps which are the following…
Welcome to spreadsheet testing for SOX. We previously discussed report testing for SOX (link to #39). There’s a difference between spreadsheets and system reports. We will go over that today and how to scope key spreadsheets. We will also tell you some other criteria to help you prioritize them. Next we will show you the steps to…
Welcome to SOX system reports testing. Report testing has received a lot of focus by external auditors and the PCAOB recently so we want to address it today. The reason these system-generated reports are important is because management uses them to make judgements for booking journal entries or recording financial transactions and…
It’s always great to apply the effective and best practices for SOX Kick-off meetings. It’s not just a meet and greet meeting, it’s the opportunity to set the expectations and alignment with the project team and the client to be able to launch or improve a SOX project successfully…
This is part 2 on building a project timeline for SOX 404. We answer tactical questions like: (1) Which processes should we start with? (2) When should we do the process documentation? (3) When should we do the walk-throughs? (4) When should we do the testing? (5) How many rounds of testing should we do?…
We will be learning how to build an annual project timeline for SOX 404 compliance. In this session, we dive into a lot of details on how we build a project timeline and the rationale behind it. We answer questions like: (1) What does the annual SOX timeline look like? (2) What key activities & processes to include in the timeline? …
n the previous blog, we covered SOX 404 requirements and the JOBS Acts. Now, we get practical and tactical. In this session, we answer the following questions: (1) Who runs the SOX 404 process? (2) What is the suggested compliance approach? (3) How long does the 404 process take to implement? (4) What is the typical plan for SOX compliance? …
We covered the foundation and theory behind the Auditing Standard 5 which tells us HOW to comply with SOX 404. Now, we discuss the SOX 404 requirements and the impact of the JOBS Act
In Part 2, we learned who to include in the 302 certifications (linked to article #32), who to include in the Disclosure Committee and when to start the 302 certification process. Today in Part 3, we answer the following questions: (1) What tools can we use to automate the certification process? (2) What should be included in the certification letters?…