Sarbanes-Oxley: Implementation and Compliance Training

Sarbanes-Oxley: Implementation and Compliance Training

2 days


The seminar has been designed to provide with the knowledge and skills
needed to understand and support Sarbanes-Oxley compliance.

Target Audience:

This course is recommended for all managers and professionals who need to understand and speak the specialized language of Sarbanes Oxley compliance, which must become the common language throughout their organization.
This course is highly recommended for:
Directors, Managers and Professionals
Risk and Compliance Officers
Process Owners
Network, System and Security Administrators
IT Auditors
IT, Security and Management Consultants


2 Days, 09:00 to 17:00 each day.

Course Synopsis:

The Sarbanes Oxley Act

The Need
US federal legislation: Financial reporting or corporate
The Sarbanes-Oxley Act of 2002: Key Sections SEC, EDGAR, PCAOB, SAG
The Act and its interpretation by SEC and PCAOB PCAOB Auditing Standards: What we need to know
Management's Testing

Management's Documentation
Reports used to Validate SOX Compliant IT Infrastructure
Documentation Issues
Sections 302, 404, 906 and the three certifications
Sections 302, 404, 906: Examples and case studies
Management's Responsibilities
Committees and Teams
Project Team – Section 404: Reports to Steering Committee
Steering Committee – Section 404: Reports to Certifying Officers and cooperates with Disclosure Committee
Disclosure Committee: Reports to Certifying Officers and cooperates with Audit Committee
Certifying Officers and Audit Committee: Report to the Board of Directors
Control Deficiency
Deficiency in Design
Deficiency in Operation
Significant Deficiency
Material Weakness
Is it a Deficiency, or a Material Weakness?
Reporting Weaknesses and Deficiencies
Case Studies
Public Disclosure Requirements
Real Time Disclosures on a rapid and current basis?
Whistleblower protection
Rulemaking process
Companies Affected
International companies
Foreign Private Issuers (FPIs)
American Depository Receipts (ADRs)
Types of ADR programs
Employees Affected
Effective Dates

Internal Controls - COSO

The Internal Control — Integrated Framework by the COSO committee
Using the COSO framework effectively
The Control Environment
Risk Assessment
Control Activities
Information and Communication
Effectiveness and Efficiency of Operations
Reliability of Financial Reporting
Compliance with applicable laws and regulations
IT Controls
IT Controls and Sarbanes Oxley Act Relevance
Program Development and Program Change
Deterrent, Preventive, Detective, Corrective, Recovery,
Compensating, Monitoring and Disclosure Controls
Layers of overlapping controls

Scope of Sarbanes Oxley Project

The most important challenge: The scope
Discussing the scope with the external auditors
In or out of scope?
Is it relevant to Sarbanes Oxley?
Using SOX as an excuse
Computer Forensics Investigation?
Business Intelligence?
Business Continuity and Disaster Recovery?

Third-party service providers and vendors

Redefining outsourcing
Outsourcing services and Sarbanes Oxley compliance
The new definition of outsourcing
Outsourcing after Sarbanes Oxley
Offshore outsourcing is also redefined
Key risks of outsourcing
What is needed from vendors and service providers
SAS 70
Type I, II reports

Advantages of SAS 70 Type II
Disadvantages of SAS 70 Type II
Working with vendors and service providers
Sarbanes Oxley and other compliance projects
European answer to SOX
Integrating SOX IT security with other regulations
Aligning Basel II operational risk and Sarbanes-Oxley 404 projects
Common elements and differences of compliance projects
New standards
Multinational companies and compliance issues
US federal legislation and state law. The US constitutional challenges
From the 1929 Companies Act (UK) to the 1933 Securities Act
(USA) to Sarbanes Oxley: The need to avoid a federal intrusion into state reserved matters
Auditing in the USA and in UK: Very important differences

Course Dates, Venue & Timings:

Sl.No. State City Batch1-Date Batch1-Date Batch2-Date Batch2-Date Batch3-Date Batch3-Date Batch4-Date Batch4-Date Venue Contact
01 AP Hyderabad - - 23-Apr'11 27-Apr'11 7-may'11 11-may'12 4-Jun’12 8-Jun’12 Ameerpet/Hightechcity Jason-91-40-64568797
02 Delhi Delhi/Gurgaon/Noida - - 28-Apr'12 29-Apr'12 26-May’12 27-May’12 23-Jun’12 24-Jun’12 Nehru place / Noida sector 6 Arun : 9810 328046
03 Karnataka Bangalore - - 5-May’12 6-May’12 26-MAY’12 27-May’12 2-June'12 3-June'12 DBS House 26, Cunningham Road ,Opp Indian Express Building, Bangalore - 560 052 Sundar Raj
04 Maharashtra Mumbai - - 21-Apr’12 22-Apr’12 19-May’12 20-May’12 16-Jun’12 17-Jun’12 DBS Heritage,Prescot Road,Opp. Cathedral Sr. School,Fort, Mumbai 400001. DBS Heritage (From Airport instruct the car / cab driver to drive to Fort, Fashion Street. It’s near Siddharth College, Budha Bhavan. Also there are schools like J. P. Pettit School & Cathedral Sr. School Mr.Vasudev
05 Maharashtra Pune 19-May'12 20-May'12 - - - - 30-Jun'12 1-Jul'12 Level-5, Tech Park-1, Airport Road, Yerwada, Pune - 411 006, India Mr.Manish
06 Tamilnadu Chennai - - 14-Apr'12 15-Apr'12 12-MAY'12 13-MAY'12 9-Jun’12 10-Jun’12 DBS House 31A, Cathedral Garden Rd ,Between Hotel Palmgrove and Valluvarkottam Nugambakkam,Chennai - 600034 Mr.Solomon
07 Westbengal Kolkata - - 30-Apr'12 1-May'12 30-May'12 31-May'12 30-Jun'12 1-Jul'12 DBS House 10/2, Hungerford Street,Opp. Exit Gate of Saturday Club,Kolkata - 700017 Mr.Sandeep
08 Kerala Trivandrum - - 30-Apr'12 1-May'12 30-May'12 31-May'12 30-Jun'12 1-Jul'12 DBS center Mr.Manoj
09 Kerala Cochin - - 30-Apr'12 1-May'12 30-May'12 31-May'12 30-Jun'12 1-Jul'12 ThomasMount ,ICTA Building,Changampuzha Nagar P.O.,Cochin- 682 033 Mr.Manoj: 9995881093
10 Tamilnadu Coimbatore - - - - 30-May'12 31-May'12 30-Jun'12 1-Jul'12 DBS Center Mr.Balaji
11 Maharashtra NAGPUR - - - - 30-May'12 31-May'12 30-Jun'12 1-Jul'12 DBS House Mr.Yogesh -9890952752
12 Gujarat Ahmedabad 16-Apr'12 17-Apr'12 - - - - 30-Jun'12 1-Jul'12 Aakruti Complex,Nr. Stadium Cross Road, Navrangpura,Ahmedabad-380009, Gujarat, INDIA Mr.Alok
13 Africa Johannesburg 29-MAY'12 31-MAY'12 - - - - - - Johannesburg,Africa Mr.Kamanbedu
14 Brazil São Paulo 26-JUN'12 28-JUN'12 - - - - - - Rua Rosa e Silva, No. 137, Apt - 4,Santa Cecilia,São Paulo, Brazil. CEP - 01230-020 Mr.Abhishek Ph - (55) - (11) - 87154930
15 Philippines Manila 24-JUL'12 26-JUL'12 - - - - - - Makati ,Philippines Mr.Sandeep : (+63)-917-872-3931
16 Nepal Khatmandu 28-AUG'12 30-AUG'12 - - - - - - Khatmandu Mr.ARun
17 Republic of Mauritius mauritius 25-SEPT'12 27-SEPT'12 - - - - - - mauritius Mr.ARun
18 Srilanka Colombo 1-MAY'12 3-MAY'12 - - - - - - Colombo,Srilanka Ms.Buddhini
19 Canada Toronto 23-OCT'12 25-OCT'12 - - - - - - 203 Royal Appian Cres, Concord ON 14K513 Mrs.Vala Ph.4169391252
20 USA Boston 16-Apr'12 17-Apr'12 - - - - - - Boston,USA Mr.Gaurav
21 UK London 21-DEC'12 23-DEC'12 - - - - - - London,UK Mr. BV Rao -0044-7891461544
22 USA California 16-Apr'12 17-Apr'12 - - - - - - 12128 Skylark Rd Clarksburg MD 20871 California ,USA Mr.Prashanth Ph : 001 - 240-257-2624
23 Bangladesh Dhaka 27-NOV'12 29-NOV'12 - - - - - - Dhaka Mr.Arun
24 ARMENIA GEORGIA 8-MAY'12 10-MAY'12 - - - - - - TIBLISI,Armenia Mr.Abata
25 Honkong Honkong 27-NOV'12 29-NOV'12 - - - - - - Honkong Mr.Peter
25 SAUDIARABIA RIYADH 28-MAY'12 30-MAY'12 - - - - - - RIYADH Mr.Rasheed 96626860652

Contact Details:

Mr. Vijay Bhaskar Reddy

Mobile: 0 94400 89341

Phone: 040-6456 8797

Register Online: moc.snoitulosdnimartceps|ofni#moc.snoitulosdnimartceps|ofni
Email: ni.oc.oohay|pmpaqscyajiV#ni.oc.oohay|pmpaqscyajiV

Yahoo chat : Vijaycsqapmp
Google chat/Skype chat/AOL chat/ICQ chat : tiptopten2000
Hotmail/Live chat / Rediff chat : tiptopten

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License