myCPE New Year Offer. Unlimited Continuing Education only @$299 $199 (Last Day) CLICK HERE to view.

Sarbanes-Oxley The Compliance Process

  • CMA
  • CPA (US)

Published: January, 2022

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • Faq

Course Description

Overview

  • Sarbanes-Oxley simplified
    3 mins
  • Ignorance is no excuse
    18 mins
  • Signing officers responsibility for internal controls
    26 mins
  • Off-Balance sheet transactions
    46 mins
  • Assessing the risk of misstatement
    66 mins
  • Specific AR concerns
    84 mins

Course Description

The United States Congress passed the Sarbanes-Oxley Act in 2002 and established rules to protect the public from fraudulent or erroneous practices by corporations and other business entities. The goal of the legislation is to increase transparency in the financial reporting by corporations and to require a formalized system of checks and balances in each company. SOX compliance is not just a legal obligation but also a good business practice. Of course, companies should behave ethically and limit access to internal financial systems. But implementing SOX financial security controls has the side benefit of also helping to protect the company from data theft by insider threat or cyberattack. SOX compliance can encompass many of the same practices as any data security initiative.

Complying with the requirements of the Sarbanes-Oxley Act sometimes can seem like an overwhelming task, but this entertaining and informative presentation will walk you through the latest requirements quickly and easily. This Online CPE webinar on Accounting will provide you with a consistent process for complying with the Act and offers many recommendations in many Financial Statement critical areas.

Major Topics Covered:

  • Examine updates and highlights of the Act
  • The 3 critical questions: Is it accurate? Are you sure? Can you prove it?
  • Summarize the accountability and disclosure requirements of signing officers
  • Evaluate the practice of co-certification
  • Understand the compliance principles as outlined in the Act
  • Address specific departmental concerns
  • Become familiar with compliance process mapping
  • Learn how to use the Likelihood/Impact matrix
  • Review specific issues and recommendations by area of major activity

Learning Objectives

  • To identify the implemention of the risk compliance processes by major department
  • To understand the ongoing procedures to become and remain SOX compliant
  • To identify ways of using a simple and effective Risk Management process
  • To identify ways of breaking down processes to make SOX compliance easier to achieve
  • To track how SOX compliance leads to constant process improvement

Recommended For

  • This online CPE webinar on accounting is recommended for CPAs, CMAs, and Other Accounting professionals who desire to help their clients with best compliance processes

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Bookkeepers & Accountants & Tax Preparers
  • Certified Management Accountant
  • Certified Public Accountant
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • VP Accounts
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 2 CPE Credit for Certified Management Accountants (CMA)

Presenter

About Presenter

Michel Morley

Founder Mike Morley

Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.

An entertaining and informative speaker and trainer, Mike is the author of:

“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.

 “Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.

“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.