The Sarbanes-Oxley Act of 2002 changed the way we conduct business in the United States for the better by providing clarity and direction for chief financial officers (CFOs) and their finance organizations. Below find articles, publications and tools from Deloitte & Touche LLP to help you understand the law's requirements and manage the transitions it mandates. You'll also find new resources available to help with the new guidance around section 404 reporting.
Sarbanes-Oxley Section 404 for Non-Accelerated Filers: Applying a Top-Down, Risk-Based Approach New
Smart companies complying with Sarbanes-Oxley for the first time want to learn from hundreds of accelerated filers on how to achieve efficient and effective compliance processes. Our latest white paper provides the practical advice needed to achieve efficiencies.
Leveraging the New Sarbanes-Oxley 404 Guidance: A Refined Approach to SOX New
You don’t want to travel to an unfamiliar destination without a map. The same holds true for companies navigating the road to Sarbanes-Oxley Section 404 compliance. Listen to this Deloitte Insights podcast.
The Unexpected Benefits of SOX: A Conversation with Michael Oxley New
Conceived as an investor protection law, this wide-ranging legislation impacted U.S. public companies in many ways. Supporters of these reforms applaud SOX as necessary and useful, while critics have consistently voiced concerns over cost and resource requirements of compliance. It’s time to take another look. Listen to this Deloitte Insights podcast.
On Optimizing SOX Compliance: Leading Retailer Shows the Way A leading retailer improved its compliance program by deploying a top-down, risk-based approach that reduced the total number of controls, improved testing and reduced project cost. Learn how.
SOX Optimization: Improving Compliance Efficiency and Effectiveness
With the release of new guidance around Sarbanes-Oxley section 404 compliance, this white paper addresses the dilemma of how to improve controls while simultaneously reducing unnecessary costs — without jeopardizing compliance.
Lean and Balanced: How to Cut Costs Without Compromising Compliance
This paper discusses our Control Rationalization Approach, which can result in immediate compliance cost reductions as well as position your organization to enhance its compliance risk profile and achieve longer term compliance efficiencies.
IQ Matters: Senior Finance and IT Seek to Boost Information Quality
This paper presents research by CFO Research Services and Deloitte Consulting LLP exploring the quality of management information and its proficiency in meeting information needs at large companies around the world.
Optimizing the Role of Internal Audit in the Sarbanes-Oxley Era
Essential components of an effective — and fully optimized — internal audit function are outlined.
Under Control
This white paper provides a straightforward discussion of the essential characteristics of sustainability, as well as plain-English guidance for deriving long-term value from internal control programs. The document clearly and simply explains key concepts, provides practical advice and analyzes critical shortcomings that many companies experienced in their first-year efforts.
Ten Threats to Compliance
Identified are 10 key internal control issues that many companies find especially challenging to address.
Taking Control
Implementing a strong system of internal control to meet the requirements of Sarbanes-Oxley section 404 requires plain-English, ground-level guidance. This publication allows readers to enhance their knowledge, jumpstart their efforts, benchmark their progress and troubleshoot their projects.
Compliance Challenges for Foreign Private Issuers
The experiences of Foreign Private Issuers (FPIs) are summarized in this paper, which also highlights key challenges that your company may face as part of your section 404 readiness activities.
Antifraud Programs and Controls
Antifraud activities represent an important component of Sarbanes-Oxley compliance and an essential element of a COSO-based (from the Committee of Sponsoring Organizations of the Treadway Commission) system of internal control. This publication provides questions, examples and steps for management to consider when creating and implementing antifraud programs and controls.
Fraud and the Role of the Audit Committee
The audit committee's role in detecting and preventing fraud is now more defined. This document focuses on the audit committee's role in the oversight of antifraud programs and activities that can reduce the likelihood of fraud.
Questions that Boards Should be Asking Regarding Ethics and Compliance Programs
A good ethics and compliance program must have senior management involved, organizationwide commitment, an effective communications system and an ongoing monitoring system. In each of these areas, directors must ask the right questions — and those questions are presented here.
For more information, visit Corporate Governance & Accountability.
