Sarbanes-Oxley legislation. Although there have not been any changes in the legislative concepts of the law since its release in 2002, some aspects of executing the work have evolved. Sarbanes-Oxley was passed in 2002 and year one of attestation for publicly traded companies was 2004. Years later the legislation continues to challenge companies, auditors and compliance professionals when evaluating a company's control structure. SOX 404, although the most prominent, is only one of the many requirements covered under the legislation. In addition, the impetus of COSO 2013 has re-focused companies' efforts on evaluating their key controls. Companies must continually evaluate whether they have designed and identified the proper controls and have adequate tests in place to determine control efficiency. With the evolution of technology solutions, the impact of information systems changes must be continually evaluated to ensure controls are adequately addressed.
DESIGNED FOR
CPAs in public practice or members in industry seeking a better understanding of analytical procedures
BENEFITS
- Understand the nature of analytical procedures
- Design and implement analytical procedures for professional engagements
- Understand the AICPA's guidance for utilizing analytical procedures in audit and review engagements
HIGHLIGHTS
- Analytical procedures in audit and review engagements
- Practical examples and illustrations of analytical procedures
- The order of operations for accomplishing analytical procedures
PREREQUISITES
Basic working knowledge of audit and review engagements and working with Microsoft Excel
ADVANCE PREPARATION
None