SarbanesOxleyFocus.com

April 14, 2008

How to find Sarbanes Oxley courses and trainings

Filed under: article, training — Tags: , , — admin @ 5:23 am

Step by step how to find proper and useful Sarbanes Oxley courses and trainings for you and your company. SOX training usually very expensive, so the company management should take a very deep consideration when sent someone to the training. Here’s the tips to find the Sarbanes Oxley courses and trainings

  • Always discuss to the management before send a person in to SOX trainings.
  • Consider some advices from external auditor, SOX auditor is preferably
  • Assign a partner or director to monitor Sarbanes-Oxley developments and establish communication procedures that ensure management, staff and clients receive relevant updates.
  • Identify the staff experience the firm will need for anticipated Sarbanes-Oxley-related services. Business networks, including local and state CPA societies, can provide leads to qualified new hires.Forecast rotation turnover for current SEC clients and anticipated additional public clients.
  • Get enhanced training for all partners and managers currently involved in the SEC practice.
  • Review the prospect’s past annual and current internal interim financial statements to determine its general creditworthiness. Establish direct contact with a prospect’s attorneys and bankers. (A company with a strong financial position is less likely to fudge its numbers.)
  • Review your past and current storage needs; then, for upcoming years, add a significant cushion-50% more capacity, for example-as a precaution.
  • Have multiple file backups, including an off-site location, to reduce the risk of document loss.
  • Identify potential gaps in audit committee members’ technical and business knowledge and offer to provide training as needed.
  • Develop a solid relationship with the audit committee.

Do you have any other advices about how to choose good Sarbanes Oxley trainings?

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