The Compliance Programme
consists of 7 Modules, each with a learning objective (providing
approximately 10 hours of learning), that
can be easily downloaded and provides learning content that
is:
Trustworthy - information that
is accurate and clear
Helpful - using innovative
ways of getting the message across
Easy - gets to
the point without unnecessary detail
Module 1 - SOX and the Organisation This section provides background information about Sarbanes-Oxley
legislation and the events that brought it about. It also covers
the scope of the legislation, what companies are required to
do and the consequences of not meeting the requirements.
Module 2 - Frameworks This section looks at Frameworks against which an organisations
business and IT processes can be addressed.
Module 3 - Controls This section looks at controls and provides examples
to illustrate how these are used.
Module 4 - Documentation This section looks at the SOX documentation, why it
was created, why it can need updating and how to go about this.
Module 5 - Annual Testing This section looks at the annual testing programme and
the part process and control owners play. It also looks at the
type of tests adopted, for example, Test of Design and Operating
Effectiveness.
Module 6 - SOX Key Roles This section contains details of SOX roles and responsibilities
within a typical organisation.
Module
7 - Memory Jogger This section acts as a useful aide-memoir ( plan-do-check-act )
in detailing key activities in the support of an organisations
ongoing SOX compliance.
The Seven modules are supported
by a "Free Knowledge Assessment"
Here is an example
of some questions from the
"Free knowledge
assessment", why not have a go at answering them!
1. The Sarbanes-Oxley Act (2002), primarily
is designed to?
Expand corporate
governance.
Increase public
confidence in financial reporting information.
Strengthen capital
market systems.
All of the above.
2.
Processes and controls will not be considered effective
unless they have been:
Identified
Implemented
Documented
Actioned
Authorised
Tested
3.
What is the primary purpose of having controls within an organization, is it:
To ensure that we
document are financial processes correctly.
To ensure that financial
reporting that operates within an organization
is
effective, resulting in no
opportunities for fraudulent activities.
To ensure that financial reporting
that operates within an organization
satisfies are external audit requirements.
4.
Which one of the following statements is correct?
COSO and CEAVOP
offer frameworks against which our business processes can be
assessed. CobiT offers a similar framework for IT
applications.
CEAVOP and CobiT
offer frameworks against which our business processes can be
assessed. COSO offers a similar framework for IT
applications.
COSO and CobiT offer frameworks
against which our business processes can be assessed.
CEAVOP offers a similar framework for IT applications.
5.
When should Operating Effectiveness testing be carried out?
Before Design
Effectiveness Testing.
Upon completion of
Design Effectiveness testing ( including remediation work if
necessary).
At the same time as
Design Effectiveness Testing.
It
doesn't matter what order the testing is carried
out in, as long as it is in line with the testing
programme.
Full Knowledge Assessment - Key Features
43 multiple choice
questions on the course content.
Able to take knowledge
assessment when you feel you are ready.
Informing you of results
immediately upon completion.
Based on results, highlights areas within
the course content that may require further study.
The slide show below contains some example questions and a results
screen of a knowledge assessment.
Let it run or use the controls
to browse the slides.
Problem
Tired of surfing through the many
different sources of information on Sarbanes Oxley (SOX) and
still not really understanding what it's all about?
You may think that you are one of the few people within your organisation
that does not really understand the fundamental requirements
of SOX and how it affects you and your organisation.
Believe me your not! Our experience shows that there are many
people within small, medium and large organisations (at all levels),
that are not entirely comfortable with;
Understanding the
fundamental requirements of SOX
How you
can demonstrate compliance
We have seen on many occasions how people who have been given
the responsibility of ensuring that they comply with the requirements
of SOX and how these requirements have been mis-interpreted. This
has resulted in rework to process and testing documentation that
not only makes you and your working colleagues feel as though you
got it all wrong, but can also cost your organisation further time,
effort and money to put it right.
Don't get us wrong here; we are not trying
to make you feel bad as we have also been in your position, to
many things to do at the same time and not enough hours in the
day to do them! In trying to find useful information, people
often resort to surfing the internet, only to find a myriad of
information which often seems full of jargon and is an immediate "switch
off"!
Then again this is just our view, but we get the feeling that
we are not alone in these thoughts?
We think that what you would really want would be information
that is;
Trustworthy - information that is
accurate and clear
Helpful - using innovative ways of
getting the message across
Easy - gets
to the point without unnecessary detail
Even better, a structured course that is;
Easy accessible - able to
download from the internet
Requires no pre-requisite
training
Able to learn at my own
pace
Engaging - made me wanting
to know more
Tested me as I went through
the content with no pressure to get the answer right or wrong
Had an optional "knowledge assessment" at
the end of the course giving me instant feedback on
how much of the information I had
retained.
Available as a future
reference should I need it
Affordable
Solution
"The
Compliance Programme"
The Compliance
Programme consists of 7 Modules, each with a learning
objective (providing approximately 10 hours
of learning), that can be easily downloaded
and provides learning content that is:
Trustworthy -
information that is accurate and clear
Helpful - using
innovative ways of getting the message across
Easy - gets
to the point without unnecessary detail
Benefits
to YOU!
After completing this course you will have benefited from:
Enabled you as an individual to understand
and appreciate the implications of Sarbanes-Oxley
compliance in your company
and your job.
Tested as you go through
the content with no pressure to get the answer right or wrong
Allowed to learn at your
own pace
Had an optional "knowledge assessment" at
the end of the course giving you instant feedback
on how much of the information you have
retained.
Available as a future
reference should you need it
Contributed to your own
personal development
Learning that was "Affordable"
Here's feedback from people who really found our course
useful!
"In my own role I have had several
occasions when I have needed to find some information and
have resorted to the internet to find what I needed. Everything
I had previously found was very challenging and non user
friendly, therefore your site was a refreshing change. You
have all the information people would need, but it is all
laid out in a very easy to read format which encouraged me
to explore what information was there."
M. Elderton Sox Bau Risk Analyst, Egg Banking
"I found the information very useful,
concise, jargon free and easy to use. The interactive quizzes
were particularly helpful as they highlighted areas where
I lacked knowledge and needed to read through again."
C. Houghton Financial Reporting Analyst, CitiGroup
"I found the course to be a great
starting point to quickly get up to speed on SOX and also
a great sense check for those already engaged in SOX activities
to provide "best practice" pointers or highlight
gaps or weaknesses in individual SOX activities. The “knowledge
assessment” module was straight forward and simple
to use, providing the necessary consolidation to the knowledge
imparted through the programme."
Nick Cameron Operational Risk Management, CitiGroup
"The site was informative, professional
and for someone like me it would build on my existing knowledge
of SOX."
M. Johnson SOX Financial IQA Team, Independent
Consultant
We are sure you will
like our course and hopefully tell your Line and/or Training
Manager, how you and potentially your organisation can benefit
from this!
Provision of Sarbanes-Oxley
404-302, learning programme, that is modular, fully customizable
and re-brandable.
E-learning can cut training
costs, provide greater accessibility to learning and improve the
performance of your organisation from a compliance perspective.
Enable individuals and
enterprises to understand and appreciate the implications of
regulatory compliance on their industry, their companies and their
jobs.
Knowledge Assessment
Process Implementation, ensuring a robust and auditable testing
process is implemented within the organisation.
Measurement of performance
through capturing test results.
Affordable.
Through the implementation of a knowledge assessment process,
it benefits the organization from a compliance perspective by:
Helping staff become
self-learning - encouraging them to take control of their own
personal development.
Measurement of performance
through capturing test results.
