KnowledgeLeader Content Update

KNOWLEDGELEADER'S TOP SARBANES-OXLEY CONTENT


1. Entity-Level Controls Assessment Report
This document contains two sample audit reports that can be used to document management’s assessment of internal controls over each of the five components at the entity level.

2. 2021 Sarbanes-Oxley Compliance Survey
The 2021 edition of Protiviti's annual SOX report explains some of the changes SOX compliance practices have faced post-pandemic, including cost, hours and controls.

3. Disclosure Committee Charter
This sample document provides two samples as guidelines for creating a disclosure committee charter.

4. Control Self-Assessment Questionnaire
This tool contains two self-assessment questionnaires that can be used by management to design, adhere to and monitor a company’s significant operating and financial controls.

5. Integrating Section 404 and Section 302 Compliance Questionnaire
This tool contains two sample questionnaires that can be used by management and board members to achieve a sustainable internal control structure.

6. Disclosure Committee Questionnaire
The questions included in this tool can be used to ensure that all necessary quarterly financial reporting disclosures are addressed and that any changes to these disclosures are explained by management.

7. Corporate Governance Compliance Questionnaire
The two sample questionnaires in this document focus on what boards and management should do as they work to improve corporate governance.

8. Site Planning and Review Checklist
This sample checklist serves as a working document that can be used by auditors to determine whether all site visit tasks are completed.

9. Complaint Reporting Process Questionnaire
This questionnaire focuses on issues that audit committees and management should consider as they collaborate to comply with the SECs rules pursuant to Section 301 of the Sarbanes-Oxley Act of 2002.

10. Sarbanes-Oxley Compliance and Reporting Strategy Questionnaire
This tool outlines questions to consider when preparing an organization’s Sarbanes-Oxley (SOX) compliance and reporting strategies.

11. Sarbanes-Oxley Process Walkthrough Questionnaire
The purpose of this template is to provide guidance to business units in the performance of walk-throughs associated with Sarbanes-Oxley Act compliance requirements.

12. Sarbanes-Oxley Policy Evaluation Checklist
This tool provides points to consider when conducting an organization’s Sarbanes-Oxley (SOX) policy evaluation.

13. ​Sarbanes-Oxley Testing Documentation Questionnaire
This tool includes questions to consider when documenting Sarbanes-Oxley (SOX) testing procedures, results and recommendations.

14. Sarbanes-Oxley Compliance and Disclosure Timeline Guide
This sample document can be used as a general guide to help companies comply with the Sarbanes-Oxley Act of 2002 pursuant to a public debt offering.

15. Sarbanes-Oxley Compliance Committee Structure Guide
This guide discusses the duties, composition, structure and interrelationships of the disclosure committee that needs to be formed to facilitate Sarbanes-Oxley compliance.

16. Self-Assessment Value Proposition Guide
This tool contains three guides that describe the four common elements needed in all self-assessment meetings and explain how they can be combined to create an effective meeting agenda.

17. Sarbanes-Oxley (SOX) Coordinator Job Description
This sample job description highlights the responsibilities, key selection criteria and general information for the role of the Sarbanes-Oxley coordinator.

18. Sarbanes-Oxley (SOX) Project Approach Memo
This tool contains two sample memos that serve as a report of an internal audit function’s high-level assessment of the SOX compliance project process.

19. Request for Proposal: Sarbanes-Oxley Section 404 Implementation
This sample request for proposal (RFP) can be used by organizations seeking a qualified service provider to implement a Sarbanes-Oxley Section 404 compliance function.

20. External Financial Reporting Audit Work Program
This audit program can be used by organizations to evaluate the operating effectiveness of internal controls associated with the external financial reporting process.

CCH TAX AND ACCOUNTING - ACCOUNTING RESEARCH MANAGER UPDATES
Weekly Summary of Accounting, SEC and Auditing Developments

• Cybersecurity – SEC Proposes Rules on Cybersecurity
• Materiality – SEC Acting Chief Accountant Discusses Materiality Related to Financial Statement Errors
• Shareholder Proposals – SEC Corp Fin Director Discusses Shareholder Proposal Rule
• Interim Disclosures – New Edition of GAAP Update Service Discusses FASB Proposal
• Business Combinations – FASB Discusses Intangible Assets in a Business Combination
• FASB Agenda – FASB Discusses Agenda Consultation
• Interim Financial Information – New Edition of GAAS Update Service Discusses AU-C Section 930
• Auditing – GAQC Publishes Practice Aids for Auditing For-Profit Entities with Provider Relief Fund
• Auditing Standards Board – ASB Meeting Held
• Subsequent Events – New Edition of Governmental GAAP Update Service Discusses AU-C Section 930

TOP 5 PAGES ON KNOWLEDGELEADER
These were the most popular items on KnowledgeLeader last week:

1. Internal Audit Department Key Performance Indicators (KPIs)
2. Enterprise Risk Management Questionnaire
3. Accounts Payable RCM
4. IT General Controls Questionnaire
5. Inventory Management Questionnaire