Three Tips to Managing Spreadsheet Risk in SOX
The issue of Sarbanes Oxley (SOX) compliance has been moving back up the corporate agenda in recent years, following the increased scrutiny from auditors of spreadsheets embedded within key business processes covered by SOX.
While providing significant power and flexibility to organizations, the uncontrolled use of spreadsheets in SOX processes can expose businesses to compliance, regulatory, as well as commercial harm. The typical manual controls surrounding spreadsheets in SOX cannot stand up to audit scrutiny, and also add to the compliance costs of SOX. The session will address the following:
- Do you understand the recent developments in SOX compliance?
- Do you have spreadsheets in your core SOX processes?
- Learn a three step approach to addressing spreadsheet risk under SOX.