The most contentious aspect of SOX is Section 404, which requires management and the external auditor to report on the adequacy of the company's internal controls over financial reporting (ICFR). This is the most costly aspect of the legislation for companies to implement, as documenting and testing important financial manual and automated controls requires enormous effort.[32] This course provides an overview of SOX Section 404 and discusses how one can effectively implement a solid program to address the needs of SOX 404.
The Public Company Accounting Oversight Board (PCAOB) approved Auditing Standard No. 5 for public accounting firms on July 25, 2007.[33] This standard superseded Auditing Standard No. 2, the initial guidance provided in 2004. The SEC also released its interpretive guidance [34] on June 27, 2007. These two standards together require management to:
- Assess both the design and operating effectiveness of selected internal controls related to significant accounts and relevant assertions, in the context of material misstatement risks;
- Understand the flow of transactions, including IT aspects, in sufficient detail to identify points at which a misstatement could arise;
- Evaluate company-level (entity-level) controls, which correspond to the components of the COSO framework;
- Perform a fraud risk assessment;
- Evaluate controls designed to prevent or detect fraud, including management override of controls;
- Evaluate controls over the period-end financial reporting process;
- Scale the assessment based on the size and complexity of the company;
- Rely on management's work based on factors such as competency, objectivity, and risk;
- Conclude on the adequacy of internal control over financial reporting.
Sarbanes-Oxley Act was passed in 2002 and year one of attestation for publically traded companies was 2004. SOX 404 is the most prominent of the many requirements covered under the legislation. Examining and putting into practice a suitable methodology for SOX compliance with SOX 404 is crucial.
Taking this course will prepare you to successfully address the challenges of Section 404 at your company - a high profile and critical process!
Information within this course comes from readily available public domain documents and is utilized by the trainer as a supplement for relaying the course content.
Note: The concepts outlined in this course are up to date and relevant in regards to the Sarbanes-Oxley legislation. Although there have not been any changes in the legislative concepts of the law since it’s release in 2002, some aspects of executing the work have evolved. This speaker is preparing a series of courses titled “Sarbanes-Oxley 20 years later”. Those courses can be found individually on the platform and would be beneficial for anyone involved with compliance.
NOTE: The Instructor has created 5 new segments on Sarbanes-Oxley Update - 20 Years Later:
Sarbanes-Oxley Update - 20 Years Later: Accounting Risk Assessment Considerations
Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 1
Sarbanes-Oxley Update - 20 Years Later: Evaluating Testing Processes
Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 2
Sarbanes-Oxley Update - 20 Years Later: Examining Fraud Risks
Prerequisites
Prerequisite: Exposure to SOX
Advanced Preparation: None
Learning Objective
- Discover the requirements of Sarbanes-Oxley Act SOX 404
- Recognize COSO and the Internal Control Framework
- Identify SEC and PCAOB ongoing SOX 404 requirements
- Identify and apply the steps of the SOX 404 process
- Identify documentation Requirements
- Identify testing Requirements
- Define significant Deficiency and Material Weakness
- Recognize PCAOB 2012 Report on Public Companies ICFR
Last updated/reviewed: July 7, 2025
(394) Reviews
(322 rating)
The presenter keeps a quick pace for this interesting subject and has a bullet point list on screen to make it easy to go back and find any part of the presentation.
Very short course and some of the examples were good this course is not as good as other ethics courses I have taken.
Thanks, great training with updated samples and explanation, thanks.
Have to say that this is a good, exhaustive and updated trainning on COSO and anyone can take a nice understanding of the whole picture
Interesting concepts. I wish the first course was still available. I feel like I was missing some pieces.
Great presentation to understand the importance of HR within the budgeting and planning process of a Company.
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Helps me understand the requirements. The detail was just the right level and clear. Very helpful.
This was an interesting introductory course into powerBI and its uses
Very good concise synopsis of IT controls and their synergy with COSO.
course was well written and the presenter provided good examples
Really great course. Professionally communicated and in an interesting way that provides insight as to the nature of the inner workings of the SEC and public companies in more ways than just accounting.
Great summarized course to understand the basics of a Board of Directors structure
Found this to be the most understandable lesson so far.
Very beneficial and refreshes some of the details for my role being a second line of defense.
content was a little dry and the wording of the final exam questions was terrible...please get a 3rd party to review for clarity, consistency and understandability
A little tedious to only be reading through an entire pdf
Very interesting topic presented in an easy to understand manner.
It was good overall. Question #2 on the Final Exam has 2 of the same answers as choices.
I liked how the course dwelt into not just the theoretical aspect of the Sarbanes-Oxley Section 404 but also gave examples of each scenario and how the instructor interpreted those in real life.
Very good teacher and very interesting content. I addressed many relevant topics and give a broad overview on fraud schemes and controls. I like that it illustrates the content with statistics.
I just went through a difficult situation and thus was taking this class so as to understand how I handled the whole situation. This is a great course and very helpful. I will definitely come back to review the slides from time to time. When Lynn mentioned that we should really pat ourselves on the back for handling the difficult situation, I truly felt relieved. My family and friends could not understand my decision of disconnect with the gangs of difficult leaders, perhaps perceiving me as a loser; however, Lynn appears to really understand what I went through and her lecture covers all aspects of this kind of situation. I recommend this course to anyone who needs it!
This is a great course. Easy to understand, clear and concise. I recommend it for anyone looking to better understand the controls in the order entry process.
Great information about useful tools. Didn't know there were so many plugins available
This course is a very good material for beginners, but also experienced professionals. It is clearly and accessibly structured with key points brought to attention of the students.
clear course, well structured and explained. It helps a lot to understanding the evolution and how some current practices went live.
Well explained and excellent slides for future use. Well explained and excellent slides for future use.
It's hard to distill the entire history of ethical thought down into a 2 hour business course, but I give credit to the instructor for making the effort.
Helpful technical details and presented in a concise, straightforward manner.
Very high level and very repetitive. While it did provide the general intent of ITGCs, the presentation was a unfocused and confusing.
I think the instructor does a great job explaining the information and providing good examples.
The excitement of the content combined with the enthusiasm and insight of Mr. Wasny make this course, along with those he presents on AI, the most inspiring and motivational I've experienced on this platform.
very good presentation and helpful and I agree that it will further help me in my work and upgrade my skills and knowledge
Enjoyed this course and the additional insights from the instructor. Very clear and concise concepts. Would highly recommend to organizations or individuals needing more insight to the "SOX World".
Course content was clearly presented. Reference materials effectively aided in understanding the content. Instructor was knowledgeable about the subject matter.
I have enjoyed so much this course, which I considered have an invaluable materials and knowledge to use as a permanent reference and to apply in SOX audit duties regularly. Thanks to Lynn for this magnificent and outstanding course because it will help me to achieve my professional goals in my Auditor career :)
it was very intersting to have the contection to the case in Canada.
Very informative course and great experience provided to learners
I enjoyed getting to now some of the automation areas that are being seen across SOX compliant companies.
The course is well organized and easy to understand!
I found the slides to be very interesting. Ms. Louis made the slides very engaging.
It is a very lengthy topic. I like it but it would be better if can have more detail of each subsection. Feel like it is not enough and wish to have more examples.
I will comment on one aspect of the course in particular. The presenter recommended criminal background checks as a method to prevent fraud. He fails to address the issue that biases in the criminal justice system against racial minorities result in such checks having a disparate impact on those same minorities. He also does not address the fact that such checks will turn up information that is prejudicial but of questionable relevance for preventing fraud (for example, minor drug convictions or other minor violations of the law), which in turn will make it difficult for people with those convictions to move on from their pasts. Other than that, the course was good.
I have completed the course and have no further comments.
good course, a lot of good information provided verbally and not in slides.
A great review of what communication really is. Highlights ideas that are not intuitively known.
Pivot tables offer the advantage of quickly summarizing and analyzing large datasets, enabling users to easily visualize trends, patterns, and relationships within the data.
The title is misleading, I thought the instructor was going to talk more about the concern of the CFO in running the organization, new technology adoption etc.
Great introduction to bookkeeping. I would highly recommend.
Thanks for the very comprehensive course in understanding expectations under SOX standards.
I liked how the course detailed and explained the traits and skills areas.
I Like the course because I heard the Sox but never work with it. I had some idea what is about but the course give me the all picture of the tool.
The course material explain the full scope of the IT and its relation to controls
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A good overall breakdown of ethical leaders, what distinguishes them, and why they are important for any organization, Felt a bit longer than necessary but overall enjoyed the discussion and exercises.
I like how the instructor works through simple, real examples of the close process. Good refresher.
easy to follow/understand and an excellent introductory course
Fantastic and easy to understand review of consolidation foreign subs.
Good ethics overview course with real life examples
not sure I agree with this question and answer: Question: Which of the following is not a disclosure control procedure?
Interesting class. The final exam comes more from the class than the handouts, would like to see all material in a hand out for reference after the class.
Content and material was very sloppy. Overall the instructor was incredibly knowledgeable, however one of the key concepts of Mgmt Accounting is the usefulness and presentation of information and yet the information presented was poorly presented.
Good overview of professional ethics for New York CPAs.
Very nice summary Very nice summary Very nice summary Very nice summary
This was a good course on the topic of internal controls. It was a very good refresher for me.
The course covers a significant amount of material that is often uncommon such as disposal of divisions and going concern treatments. It's well done and interesting.
Liked the course. Questions on specific states laws in the quiz were a bit confusing.
This was a great overview of the FAR section of the CPA exam, from what I can recall.
Slides did not cover all necessary information for quiz.
Great course covering many important concepts and history behind evolution of current accounting standards
Good overview of 2023 fraud trends and beyond, how account takeover happens, including the detection and prevention strategies for account takeover.
The material provided are very brief. Kindly provide more explanatory material, most of the content that are provided here are from CIA and Gleim is more straight forward. It should be good to have the same standard.
Some of the actions described no longer seem to fit in with today's accounting systems and date from a time when, for example, they were not yet used.
Great overview of the COSO and internal control processes/procedures
Excellent course on some basics of Strategic Management. Nice intro for newcomers in the workforce who have not grasped the importance of strategic placement in the market.
Amazing course! Very solid material to provide a broad understanding of how Fraud is managed according with SOX.
I liked the course because it introduces you to a short history of the regulations and how they developed over time.
a good course for cia holders who need ethics trainings.
The course provides a great overview of fraud, impacts to the Company, and ways to mitigate that risk and how Internal audit can aid and assist in this process.
Good information that should be revisited frequently.
This course provides some great information. The topics covered are very helpful as well.
Very helpful as starting a new position in SOX after coming from Audit
I am a CPA, but have been performing non financial audits for the past decade. This course was a great refresher.
Good effective course. Great for the transition into management.
Excellent course for anyway that want to improve or develop a leadership role.
I enjoyed reviewing all of the ethical dilemmas. The course was great and well-written.
Learning which version has certain features is not useful.
Jim has a great teaching style making it easy to grasp the key concepts for this course. This was a very good refresher for me. Thank you Jim!
I am very happy with the training I received in these modules. I also very much appreciate all the templates and documentation provided in the last module. I know that I will be referring back to this material often in the future.
Enjoyed the course which Is exactly what I was seeking to begin educating myself about SOX and how SOX relates to EA/IA. Thanks for sharing your knowledge and expertise, Lynn!
Great exposure to Fraud Risk Management Strategy. Fraud Risk Monitoring is crucial in today's business environment. Professionals from business and accounting background could make use of the information for professional certification studies and on-job applications. I would definitely keep the notes for future reference.
A lot of material covered but nicely separated by topics.
Good overview of the basics of debits and credits and useful examples of trial balances.
Valuable and practical insights into key considerations for every internal audit function.
Reasonable issues what Internal auditor should know
great refresher course. it really helped me understand the ethics and compliance framework at a high level.
The sound quality (changing volumes, frequently clearing throat) detracted greatly from the learning experience.
This excellent course helps and encourages to use healthy scepticism to detect cash related fraud cases.
Material was a little hard to understand and retain. I would have liked more clarification
Excellent summary of Black Scholes. This course presented a thorough overview of this model.
The course is very useful for those risk management professionals who need to rethink their organizational planning efforts.
A helpful, tangible approach on the topic. Judgment and specific company factors play into a conclusion/position. The information within this webinar will be useful.
An excellent course on SOX Section 404! Perhaps a little discussion about what is meant by acceptable level" of risk and who determines it will surely be appreciated by those taking this course
This was a great class that gave me some important tips that I hadnt previously considered. Very useful!
I like the overarching subject matter of the course and especially the sections on SWOT
This is a really good informative course--thanks for putting it together.
The speaker demonstrated in-depth knowledge of the subject matter and its implementation. Very balanced overview and a good introduction to the subject matter.
Excellent course, the material and trainer were really clear even for those new in SOX world.
Good overview and introduction in the terms of fraud, comprehensive slides
I learned a lot from this course and will highly recommend it!
The training videos was good and understandable. The PPT presented was clear .
These tools will provide assistance in the development and execution of SOX compliance procedures.
ExcelLent :) Well-structured and easy to study Text Based Course. Very useful supporting materials. Interesting info.
Dislike: The writing of the exam questions aren't as well written as the rest of the courses.
This a trending topic in current industries and gaining more focus for its use cases and utilization. The course provided a good introduction to this topic.
It was very well structured, well-paced and easy to follow training course. Structuring the course in segments as well as offering a continuous play option is perfect for any learning style. The examples given were good.
This is an excellent SOX topic that I have not previously seen covered before.
The learning activity was engaging and appropriate. It met my expectations.
Professor Wu - This is second course of yours that I am taking and I am amazed of the various tricks and tips you have illustrated on sumifs and pivot tables. And yet, I am considered to be a pivot table expert! Thank you, I will continue to practise and use them for better outcomes.
Like in other webinars Lynn has, I loved how she goes deep in every slide using examples and/or making great observations for when you are in the process of RA. With that, you can see she is very knowledged in the subject she is teaching about.
Good overview, would love a follow-up course that dives even deeper on deal killers.
The Course was very engaging and provided great examples of real life. The instructor is very enthusiastic and content is to the point.
Very good introduction to the topic but old information. Looking forward more courses from the instructor but with updated content.
It was very interesting course. It made me feel how important to build confidence and trust in an organization.
Very helpful even for frequent career excel users.
Very good test, I am now SUPER good at ethics need more words to hit 50
Very informative course. I recommend to anyone, don't have anything else to comment on.
The course was informative and helpful in better understanding in identifying and documenting controls as it relates to sarbanes-oxley. This instructor speaks clearly and gives good information.
This was very helpful and I will definitely save these training materials if our department is ever called on to conduct an audit of the network. Currently we also have an Information Security team that is a second line of defense to our Internal Audit team.
Great course! A very thorough review of internal controls that was easy to understand.
Good course! Just the right amount of content, and also challenging. Would recommend this.
Material and review/exam content was not crisp and clear. Review question & answers were not accurate. Exam questions and answers were confusing and subjective.
Great material, but having to read the document rather than click through course wasn't great for me.
Did not understand the section on controversy around Pitt & Webster. Seemed somewhat irrelevant
the course was very insightful and its very applicable to my technology area of practice
A good course on ITGC. It has helped me refresh and reinforce my understanding of the topic
This course was a bit difficult due to lack of previous knowledge and reading through the course materials instead of instructed lead. Overall, the course was very educational.
I would have liked a deeper dive on the SOX Testing Process and IT sections. IT was very general and didn't give a lot of specifics or depth. The control testing didn't even mention IPE. Would have liked more guidance on testing specifics. The background, explanation of legislation, auditing standards, COSO, etc were very beneficial.
Good overview of basic accounting concepts and the speaker is easy to listen to.
Objectives Met, Appropriate requirements, Activties completed
The examples are very detailed, but if a simplified example could be shown, including the how the calculations are done, it would be very helpful.
Great summary of SOX Section 302 ICFR requirements fir internal control and financial reporting
This is an excellent course from Lynn Fountain! The real-life scenarios and current event considerations bring life to the topic.
Helpful information about automating reports in Excel. Recommend.
I enjoyed the examples given in this course. These examples helped to bring all of the concepts that I am learning in the certification together!
"How should the control environment be viewed by organizations?" <--Based on the expected answer, this question is written extremely poorly & is misleading.
Great deal of practical solutions to enhancing executive presence. Solid examples by the instructors.
Very meaningful and informative course gives a very good understanding on standard evolution.
Great course explaining the important 2013 updates in the framework and also explaining what did not change compared to the 1992 framework.
Great overview of COSO 2013 and how management is responsible for their internal controls.
Good refresher course to understand the concept of SOX
I am with a new company implementing a SOX program. While I had experience in SOX previous to this class, these lectures have provided new information, a great foundation, and good real world examples. I will likely be returning to the classes and handouts on a routine basis for guidance.
Difficult training - more examples within the slides could be added as examples provided orally in the recording are very generic.
Generally a good training session with real life examples that help to explain the concepts.
Very good course, Its good to have a one presentation rather than many
Great job outlining steps to take for gradual improvement
Very Informative. Comprehensive learning. Extensive material provided.
Excellent articulation of COSO 2013 principles that have provided better practical linkage. Only one improvement recommended is to include some more specific examples
Thank you for another great course that introduced the connection of COSO 2013 and fraud.
KPI section could be more informative in measuring how effective your profile is.
good good good good good good good good good good good good good good good good good good good good good good good good good good good good good good good good good good good good
The tools (resources, downloadable material) in this are incredibly valuable - a great conclusion for this certification program.
Excellent detailed evaluation of top down risk assessment for Sarbanes Oxley.
This was an excellent and engaging course. It gave a simple, but wholistic introduction to the Sarbanes Oxley Act. Looking forward to watching the remaining courses in the certification.
This is a nice basic overview of the subject presenting information. It does not get bogged down in the fine details. Thanks.
This was the best section in my opinion. It really pulled together the details of each area discussed! The samples and explanations were easily understandable. This section has me feeling more confident!
I dont think you needed to get political with your exam question. Especially since its opinion. It seemed a bit unethical.
Very interesting study. Clearly stated and kept my interest
Good course overall. The instructor is knowledgeable and interactive, but it was hard to follow and keep up at times because the instructor went a little too fast and used too many technical terms.
50 letters required, this course was good. More letters more letters more letters more letters more letters.
Overall a great reminder of how to be successful as we all continue to work from home more frequently
Your courses have all been so wonderful, so informational, and so thorough--in short, greatly appreciated by me! Thank you for sharing your expertise, your wealth of knowledge, your inclusion of examples! I have greatly enjoyed reading and listening to all of your lectures thus far.
Great course and very well prepared and explained.
Good review of various types of audit reports that can be issued. However, this course did not cover the dating of the report or the auditor's responsibilities for reporting of subsequent events.
A lot to digest! Terms are essential in understanding concepts.
LOTS of good information! So much actually that I am sure that I need to come back to these slides many times to really understand this thoroughly. There are so many things to be taken into consideration. Good templates and examples.
Gave a good overview of SOX related to ITGC. Would have like to gone into more detail on application controls. Overall, good course.
great course, easy to read and follow along the way the text is written
It was very interesting to get perspective from someone who has worked in both external and internal audit. This was a great refresher on what goes into consideration when issuing an audit opinion.
Not all answers were in the slides. Some referred to additional webinars outside of the initial training content.
Thank you so much for this amazing course where I had the opportunity to learn so many interesting things that I will be able to apply in my daily routine.
Great introduction course! PLEASE REVIEW THE COURSE FOR THE NUMBER OF CPE CREDITS. SHOULD BE 2.5?
Well detailed and properly explained concepts on fraud risk assessment. This is a good introduction into Fraud risk assessment and sets the expectations for beginners
Good introduction to TPA for our foreign sub. Gives guidance on where to find more detailed information for specific countries.
questions at end didn't well match topics covered in the course.
i felt that the instructor gave her best effort to capture the new concepts of the standard.
Very helpful, however, too much theoretical information, years, reports
The lesson was great but I do think I need to go over 404 over again. It was alot of information.
Excellent course with a strong presenter. A course for anyone who wants to understand and develop stronger more compelling presentations and how to deliver them.
This course should be at least 1.5 CPE Credit since it is 1.5 hour long
Thanks for this in-depth course. The course material is rich and the delivery, very excellent.
I have to admit that I gave up on watching the video within 20 minutes because of the background music...it's really annoying.
I enjoyed this course as it discusses the importance and use of data analytics as it is the future of auditing.
This was a good course. well delivered. Good job .
This course provided great background information regarding the history and need for SOX. It also helps explain the key requirements of SOX currently.
This was a great course to establish the principles of ethical leadership. I really enjoyed the real world examples included within the presentation.
This was a course on Internal Controls! More words are needed to make it informative to my peers.
This was a very confusing one. I finally passed when I answered one question which seemed again what the material and I understood. It was question six. I disagree that it should be answer A. A going concern is considered when a company has issues about going a year from the opinion letter date.
Great addition to illumeo. Really helps keep up with the Ethics requirement in a timely manner.
This entire section is new to me and is very technical. This would be helpful if you need to understand the basics of XBRL.
Excellent full package on SOX and COSO principles with key template to implement process in the organization.
Great overall course. Enjoyed the examples of what auditors look for and how they manage risk and where they will be looking. Wish it was more in depth regarding the financials but great handle of the subject matter.
Content was informational and course was easy to follow. Would recommend.
Extremely helpful and clear guidance. Recommend this to anyone else who is interested in learning more about Power BI.
I appreciate all of the practice. Lot's of problems help to develop proficiency at speed.
I found this second module to be more instructive/informational than the first with more actionable information.
This course was well developed and well presented. Good coverage of the subject.
Great course of audit committee effectiveness in the aftermath of 2007
Good review course. This was a solid refresher for something I have been away from for some time.
Good course on IT general controls and distinction between general controls and application controls
Great coverage of topical area. I enjoyed the approach and would make this part of every professional's annual CPE.
One word- Interesting? This course is general motivational info, not necessarily related to COVID. There were a couple of good stories:)
It was great to review and/or learn anew these important topics.
Excellent advice and insights. I highly recommend for any finance/accounting leader.
I am really happy taking this course, I have really learned some new lessons.
I like the fact that all the materials were relevant to the topic.
Honestly this one was a bit cumbersome and had expected a bit more. Super interesting topic but not conveyed effectively. Slides are mostly bullets and the speakers voice is not very clear and not a lot of value add from the slides.
the course was great for me. it starts me into finding out what is important in SOX as there is much to learn
This course provided a good high level overview of how to conduct a risk assessment for SOX.
Generally good advices and I hope the course can add more real life examples to support the theoretical system.
Great instructor. Very happy to take the class and learned a lot
This course was a little boring solely based on nature of material, good job by Lynn to present boring material
This is a great course for understanding the various components of the Balance Sheet!
Training audit tests on specific examples will always help you learn the material more accurately.
The final module in this marathon of a course - 17 courses yet it was very well delivered and comprehensive. Job well done as I learnt a lot.
Great overview of SOX. look forward to other detailed modules.
This was both relatable and informative. Definitely worth the time.
Provides a good insight into section 404 requirements
The explanation is very clear, straight to the point.
Very good and simplified course. It serves as a good refresher for people practicing SOX and ICFR only daily basis but serves as a good basis for people just starting to learn SOX.
I liked the overall review of the different controls. I would not have mind the course moving at a quicker pace.
Great course and instruction. Learned a lot about Cyber Security
I thought the course was very helpful. It is well laid out and a lot of good guidance on building overall communication at an executive level.
outdated with 2013 data - don't think FCPA enforcement has increased under Trump
Everything is making sense but I guess what I'm struggling with is how to identify the "differences" between ASC 606 vs previous version. I felt like all the things that you said existed before. I was wondering if there is a summary/table available where I can clearly see the difference in transaction treatment between ASC 606 and the old version.
Very well presented. Easy to understand and follow.
This SOX 404 section possess good controls information.
great video, would recommend for anyone who is interested or wants to gain a high-level understanding of process documentation
This course helped me strengthen my understanding of IA fundamentals.
The course was quick and simple. It allowed you to quickly understand the required information.
The course overall is great! You even walk away with a few useful macros and definitely a better understanding of how to apply VBA to your everyday life.
Overall good learning material. the XBRL vs SOX was really good learning in a way that shows link between them.
An important aspect that companies forget to look at because cyber attacks are seldomly experienced by them. Great refresher on how to react to cyber attacks
2014 means data and SEC actions are a bit out of date
Simple and very usefulThe simplicity was surprising yet we overlook most of the tasks involved here
Excellent course lead by an effective instructor. Great content.
Very insightful with some very useful sources of additional information that will come in handy.
Awesome course, covers the process for ensuring that SOX controls are documented and tested as necessary. Materiality piece was great as well.
very good high level information for lending business details
Really enjoyed the FCPA explanations and examples.
good course with good examples listed throughout the course
I like the examples given in this course, which are detailed, and very realistic.
Audio makes it more easier. Text while good for a busy professionals having audio will be easier to follow
I thought the questions were less aligned to the information in the slide deck as they have been in other courses.
inter-active questions would improve the training. Charts could be better, and sending chart out before the training
excellent walk through of the evolution of the AS supported by personal experience of the spaeker
Most engaging course I've taken on this site. Instructor does very well holding your attention and keeping it interesting.
I have been working in the SOX/404 area of my internal audit department for a number of years and knew a lot of this at a certain (and varying) level/s - this course showed me where I need to focus more and filled in more gaps than I knew I had!
Great course. Very informative with regards to the fundamentals of SOX 404
This course is a good refresher to focus again on the basics of SOX and COSO
This course was educational and useful for understanding how to apply the Standards for IA
This course was excellent and provided important information that I will utilize in the future.
Excellent overview about temporary differences, very useful examples and exercises
The course makes it seem like these changes would be simple when in reality this is a very high level overview.
Good, clear explanation of control activities with a more in-depth look at each principle and POF. The concepts are easy to understand with great examples provided.
this was alot of work but the slides and seminars made it much easier
I liked that the instructor went through the lessons on PowerPoint with lots of pictures, and then showed how to actually perform the task on excel after each lesson.
This course covers addressing risk based auditing approach for an internal audit team within an organization.
This course provides a good overall view of what composes ethics and what influences it within an organization
Course was very helpful. Quiz questions were not as aligned to Payroll accounting as they could have been.
I like how the instructor takes you through specific cycles to demonstrate proper SOD and problems if there is a lack of SOD.
Good introduction to systems which is helpful because my company may soon be in the market for a new system
Well presented - - good summary of issue sin 2 hour timeframe.
This was well detailed while providing very efficient timely lessons of the general topic.
Great real world examples to help drive home the point that fraud is a real and continuing risk that we need to deal with as auditors.
good link between history in the US and why ethics has become such a prominent topic
Great refresher on basic accounting topics. The materials were easy to follow, and navigate.
It is a very good course. I strongly recommend. It shows what CPAs need to know in business. Easy to understand.
Includes fraud not just by employee but also by customer. Includes not just cash but also effect on inventory. A good case for decreasing cash transactions.
I was not familiar with XBRL, so this course was very helpful.
This was a good but examination of ethics starting with various scandals and ethics violations to COSO standards to the best practice policies in creating an ethical culture from the top down at a company.
This course is full of a lot of technical information. At times I found it hard to follow, but still finished having learned enough to have a reasonable understanding of the topic.
Good insight in personalities and leadership. Excellent explanations of human behavior
Highly recommended this course for auditors learning to look for fraud gaps and analyzing organizational controls.
This is an interesting and complex topic. I would have liked to see a longer, more indepth session.
interesting i scored a 90% can you tell me which question i answered incorrectly pls?
One of the best courses I've taken on the new tax law.
This is a great overview of XBRL - I found it very technical having not covered the topic before but still managed to understand enough to pass the test. Lynn's presentation was clear and demonstrated her expertise in this area.
The course is excellent, it adds a different perspective in the function of the CAE as part of the company.
Great insight on how Lease Accounting will change under IFRS 16. And all the decisions that must be made in properly booking right of use asset and liabilities starting next year
Really helpful course with relevant information to use every day.
Great information! Easy to understand and overall meaningful content....
There are no slides for this series that are needed for documentation purposes.
Program materials were relevant and contributed to the achievement of the learning objectives.
Lot of new information to absorb but was very informative .
This is the only course I have ever done on Illumeo that does not have a continuous playback option. The lack of this option combined with the bifurcation of the slides and the examples into a separate documents makes this course harder to follow that most other courses.
Good information, easy to understand. Overall enjoyed the whole course.
nothing to add good course on financial information that is useful in conversation
Very thorough and valuable information. I noticed after I was part way into the course that the copyright mark is 2015 so I wonder what's different in 2017? I'll have to look into it....
Acceptable for a general quick overview, but not useful to assist in implementation of any of the concepts.
Hits on all the basics! Good refresher course.
Short albeit good review of T&E expenses.
good general information
Some more error rectification technique may be included in this course.
Excellent course for finance professionals.
Great course! I really enjoyed it.
A very interesting topic, another one they don't teach you in school.
Slides very helpful. Information very thorough.
Very informative
Very informative
I would have liked to have more examples and some of the stuff was same as covered in part 1.
Good
Course is easy to use and the instructor was very knowledgeabe. Also the material was easy to follow and kept me engaged while the instructor went through the course.
Very comprehensive and extremely thorough.
Awesome
Very informative!
Excellent, great summary
A continuous play option for the video is ideal.
pretty good course, a little dry for my taste
Good overview of SEC Reporting
I liked the course it was very informative.
Clear and concise - great examples provided. A great course for any experienced auditor.
Great course and fun info (as fun as ethics for CPE can be).
Good overview of the different entities and advantages/disadvantages of incorporating under each type.
interesting info
Very comprehensive approach in a condensed session. Attachments and supporting documents were very helpful and a valuable tool to use in applying the concepts. Matt was very energetic and enthusiastic as an instructor.
This course covered some seemingly basic concepts that are huge time savers if you are unaware of them.
I really enjoyed course. I would like to be able to see the correct answer for exam questions wrong.
More information on analytics to identify misuse.
Good finance intro
Excellent course!! Learn many new features of Excel that I haven't seen anywhere else. Well presented training, nicely put together and easy to understand!! Highly recommend this training and all classes provided by this facilitator!
Great presentation!
Questions are vague
Fun and revelating
Excellent course
Common sense advice. Would prefer more business environment examples versus a lot of personal examples.
Too much time spent discussing the presenter's qualifications
Good details
The course was worth sitting through. I had to listen to the lessons twice to grasp the concepts, and that helped with the final exams.
Good material, boring delivery. It was hard not to fall asleep.
Very detailed and easy to follow.
Test questions were not captured in the presentation materials.
Excellent overview about risks and things to look into.
Great course!
The last question did not seem to be worded as well as it could have been.
Did not like questions about Apple. Numbers not in front of me.
Well covered. Initially a little challenging with Veselina's accent, but easy to overcome as the course was content rich
Good overview...
A good overview of the characteristics that IA managers need to have to excel in the profession.
Nice slides. Well done. Implementation Templates would also be nice.
Lots of helpful information.
Good course. Informative and interesting.
Good course on Auditing Cycles and Audit Completion
Good point
Very good detail of the process for evaluating controls. As stated, this could be a 3 day course or more if you continued to dig into the details.
Very informative and easy to understand
Little too beginner. Wanted more in depth.
Some great tips.
excellent refresher
Excellent tips for efficient use of email!
Excellent instruction and course. Very articulate, avoids technical language, good foundation.
Excellent Course!!
Ok course.
Good overview
Fantastic!
A very informative course, full of useful examples, very well presented, and make a complicated topic quite easy. Thank you.
common sense
Great course, but wish there was more detail covered on equity financing.
Bullet points - not the entire conversation or presentation - Please!!!!
Very comprehensive presentation.
good course
Please match the speaker with the slide transitions and slow down the pace.
I really like Lynn's systematic explanations, as she explores every facet of every skill needed in today's internal auditor.
Good overview of SOX 404. I found the information to be very useful.
Excellent presenter....made it easy to understand
Very good course. I particularly appreciate the weight given to emphasizing change management practices and preparing the company for the change - too often this is missed and, as his metrics show, the outcomes are weak.
Excellent presentation.
l like learn about this course and subject We will follow full courses for an intense love thank you very much
Interesting process for presenting to angels
It would be better if the items were shown in motion (vs. the slide with numbers). Also the sound quality was a bit poor.
Awesome! Love it!
A quick refresher of excel tips that was definitely worth my time.
Good summary
This course is worth checking out. Like most Excel programs, it covers some items that should have been learned through regular use but is lso shows some new approaches.
Comprehensive overview of SOX 404
Excellent class. The instructor makes it simple and understandable.
I like the self study ability of this course and the exam practice.
great overview.
welld done, great pointers for trouble shooting and utilizing excel's more recent adjustments
Great course. Demonstrations make it easy to understand and instructor is fun to listen to.
This is a great synopsis of the IPO process, including the key regulatory considerations and planning elements. I highly recommend this course.
The course was excellent. It met my expectations.
Very detailed explanations.
Well organized presentation of a very important topic
Lesson Questions and Answers0 Questions
INTRODUCTION AND OVERVIEW
Sarbanes-Oxley Section 404
- SOX Section 404 6:08
- Internal Control Framework 13:33
- COSO 17 Principles, SEC Ongoing Requirements, and Relevant Assertions 11:24
- Accounting Risk Assessment 10:30
- Risk Characteristics, Scoring Models, and Summary 9:26
- SOX Documentation Requirements 10:23
- Process Flows, Documentation Requirements, and Identifying Control Types 9:14
- Documention: Non-Routine & Estimates, Process Documentation, Overview, and Assessing Design Effectiveness 8:58
- Testing Requirements 14:24
- Materiality Discussion 7:42
Conclusion
CONTINUOUS PLAY
- Sarbanes-Oxley Section 404 1:57:51
SUPPORTING MATERIALS
REVIEW & TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
Ask the instructor a question about this lesson