Since the passing of the Sarbanes-Oxley Act in 2002, the economy and the world have experienced many changes and significant turmoil, including:

• The 2008 subprime mortgage and housing crash
• The 2010 emergence of the iPad and other smart technologies, which increased pressure on SOX through new templates, terminology, and requirements
• The onset of COVID-19 in 2020, which drastically changed the way many organizations operate
• The rise of remote work
• Heightened cybersecurity concerns
• The fast-paced development of emerging technologies
• Adoption of the COSO 2013 internal control framework
• Introduction of various new accounting standards, including ASC 606 and ASC 842

As organizations strive to do more with fewer resources, there is a growing need for compliance programs that provide not only assurance but also business insights to remain sustainable. By modernizing the SOX program, companies can:

• Identify opportunities to increase efficiency
• Shift focus and effort to areas that matter most
• Potentially reduce the cost and time requirements of compliance
• Extract value and generate insights across the organization, beyond finance and accounting

SOX team planning should take into account marketplace trends such as economic instability, today’s evolving workplace, the burden of ongoing compliance, and the accelerating technology landscape.

This course will focus on these concepts and their impact on daily SOX operations, as well as how technology solutions can position your business to maintain compliance more effectively. The previously offered courses, Sarbanes-Oxley 20 Years – Emerging Risks Part 1 and 2, introduced some of these challenges. This course is designed to take a deeper dive into understanding the importance of these areas, addressing them appropriately, and modernizing your SOX efforts.