Study Guide - Sarbanes-Oxley

The study guide is provided to guide you through the course material in a step by step format.

Course material is Sarbanes-Oxley and the New Internal Auditing Rules.  The cost of the text and free shipping is included in the price.

Prerequisite: None

Course level: Basic

Advanced preparation: None

Teaching method: Text and exam

 

Chapter 1. Introduction

The learning objectives for this lesson are to gain an understanding of:

  • Accounting and auditing scandals and internal audit
  • What are the new rules?

Chapter 2. Internal Audit and the Sarbanes-Oxley Act

The learning objectives for this lesson are to gain an understanding of:

  • Standards failure
  • Key internal audit concerns
  • Impact of the Act on the Modern Internal Auditor

Chapter 3. Heightened Responsibilities for Audit Committees

The learning objectives for this lesson are to gain an understanding of:

  • Charters and other requirements
  • Board's "Financial Expert" and internal audit
  • Holping to establish documentation procedures
  • Controlling other audit services
  • Establishing open communications

Chapter 4. Launching an Ethics and Whistleblower Program

The learning objectives for this lesson are to gain an understanding of:

  • Launching an organization ethics program
  • Establishing a mission or values statement
  • Codes of conduct
  • Whistleblower and hotline functions
  • Auditing the organization's ethics function

Chapter 5. COSO, Section 404, and Control Self-Assessments

The learning objectives for this lesson are to gain an understanding of:

  • SOA Section 404
  • COSO internal control framework
  • Violation penalties
  • Control self-assessments

Chapter 6. IIA, CobiT, and Other Professional Internal Audit Standards

The learning objectives for this lesson are to gain an understanding of:

  • IIA standards for professional practice
  • CobiT and information technology governance
  • ASQ audit standards

Chapter 7. Disaster Recovery and Continuity Planning after 9/11

The learning objectives for this lesson are to gain an understanding of:

  • Business continuity planning
  • Continuity planning and service-level agreements
  • New technologies
  • Establishing effective contingency polocies
  • Building the disaster plannning business continuity plan
  • Testing, maintaining, and auditing the continuity plan
  • Continuity planning going forward

Chapter 8. Internal Audit Fraud Detection and Prevention

The learning objectives for this lesson are to gain an understanding of:

  • Red flags
  • Public accounting's new role in fraud detection
  • IIA standards for detecting and investigating fraud
  • Fraud investigations for internal auditors
  • Information systems fraud prevention processes

Chapter 9. Enterprise Risk Management, Privacy, and Other Initiatives

The learning objectives for this lesson are to gain an understanding of:

  • Enterprise risk management
  • Other legislation impacting internal auditors

Chapter 10. Rules and Procedures for Internal Auditors Worldwide

The learning objectives for this lesson are to gain an understanding of:

  • SOA international requirements
  • International accounting and auditing standards
  • COSO worldwide
  • ISO and the standards registration process
  • ITIL service support and delivery best practices

Chapter 11. Continuous Assurance Auditing Future Directions

The learning objectives for this lesson are to gain an understanding of:

  • Implementing continuous assurance auditing
  • Internet-based extensible mark-up languages
  • Data warehouses, data mining, and OLAP
  • Newer technologies, the continuous close, and SOA

Chapter 12. Internal Auditing Going Forward

The learning objectives for this lesson are to gain an understanding of:

  • Future prospects for internal auditors

 

 

 

 

 

 

CPA Information

Site Search