Compliance into the Weeds - SOX Compliance, PCAOB Inspections and Audits

Thomas Fox - Compliance Evangelist
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The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more. Join us in the latest “Compliance into the Weeds” episode as we delve into the world of SOX compliance. Matt shares insights from recent webinars and Cornerstone Research studies on class action lawsuits related to accounting issues in this discussion. At the same time, I emphasize the importance of preventing accounting fraud through robust internal See more +
The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more. Join us in the latest “Compliance into the Weeds” episode as we delve into the world of SOX compliance. Matt shares insights from recent webinars and Cornerstone Research studies on class action lawsuits related to accounting issues in this discussion. At the same time, I emphasize the importance of preventing accounting fraud through robust internal control systems.

We also shed light on the role of IT controls in ensuring the integrity and security of financial systems and the challenges auditors face in verifying their effectiveness. We discuss how companies can mitigate the risk of fraud by implementing strong access and cybersecurity controls and adapting to new business environments. Don’t miss out on this captivating episode offering practical tips and strategies for compliance officers and industry professionals!

Key Highlights:

1. Current SOX compliance priorities

2. The cost of lawsuits involving SOX compliance failures, financial accounting, and financial restatements are going up

3. 2023 PCAOB inspection priorities See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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