You may have heard of XBRL and wonder if there is any connection to SOX section 302 and 404. Well, the answer is ….yes. XBRL, eXtensible Business Reporting Language, is a global electronic information format designed to transmit and store business information in a machine readable format.
The XBRL tags are part of taxonomies developed by market constituents, publicly available and license free. Taxonomies consist of financial concept definitions in which each business concept is defined and assigned a relationship to other concepts. Companies are required to ensure their tags are accurate and consistent. XBRL processes should be a well-integrated part of your 302 and 404 financial evaluation process.
This course outlines the various impact of XBRL on SOX sections 302 and 404 and provides valuable insight into how to prepare for those impacts and learn how to address them in detail.
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
- Identify Internal Controls and their link to SOX
- Recognize Compliance Requirements
- Discover XBRL control point accuracy
- Identify XBRL Roles & Liabilities
Last updated/reviewed: July 20, 2025
(109) Reviews
(87 rating)
Thanks, great training with updated samples and explanation, thanks.
Concise and direct course on the sections 806,902 qnd 906. Direct with great examples of how the sections work
Great presentation to understand the importance of HR within the budgeting and planning process of a Company.
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
Excellent course on the basics of the new leasing standard, even though it goes back to the implementation period. Examples are clear and understandable.
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.
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".
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 :)
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.
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 have completed the course and have no further comments.
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.
The course material explain the full scope of the IT and its relation to controls
Simple and easy to understand, it was also straightforward and i was able to relate it directly to my company's work.
Helped understand the key SOX controls management should have in place regarding XBRL
short and sweet. knowledgeable presenter. Good sox overview. perfect length.
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.
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.
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!
A lot of material covered but nicely separated by topics.
This is a very good course. It starts with stories to help set the objectives, then provides how to engage including strategies and quick tools to help you get started. Well worth the hour.
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
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
Excellent course, the material and trainer were really clear even for those new in SOX world.
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.
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.
The Course was very engaging and provided great examples of real life. The instructor is very enthusiastic and content is to the point.
The course is very informative and covers all necessary topics that are needed to be proficient in the Sarbanes Oxley. I highly recommend this course to individuals who wants to learn and understand SOX.
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.
Did not understand the section on controversy around Pitt & Webster. Seemed somewhat irrelevant
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.
Objectives Met, Appropriate requirements, Activties completed
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.
Very meaningful and informative course gives a very good understanding on standard evolution.
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.
Very good course, Its good to have a one presentation rather than many
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
Best point: understanding SEC vs PCAOB and AS2 to AS5
Thank you for another great course that introduced the connection of COSO 2013 and fraud.
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.
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.
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.
great course, easy to read and follow along the way the text is written
Overall course contained very good information and history behind the "why?" we do all the work we do
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.
Very helpful, however, too much theoretical information, years, reports
Thanks for this in-depth course. The course material is rich and the delivery, very excellent.
This course provided great background information regarding the history and need for SOX. It also helps explain the key requirements of SOX currently.
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.
Good review course. This was a solid refresher for something I have been away from for some time.
the course was great for me. it starts me into finding out what is important in SOX as there is much to learn
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.
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.
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.
Recommended for anyone who needs a refresher on auditing or anyone who is about to go through an audit!
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
Simple and very usefulThe simplicity was surprising yet we overlook most of the tasks involved here
excellent walk through of the evolution of the AS supported by personal experience of the spaeker
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!
This course was excellent and provided important information that I will utilize in the future.
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.
Great course specially regarding the differences between application controls and general controls.
I was not familiar with XBRL, so this course was very helpful.
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.
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.
Great information! Easy to understand and overall meaningful content....
Good information, easy to understand. Overall enjoyed the whole course.
Learned some very useful tips
Very informative
Clear and concise - great examples provided. A great course for any experienced auditor.
Concise. Good review
Excellent course
Very informative! Great resources, tools and presentation.
Good point
excellent refresher
Excellent Course!!
Bullet points - not the entire conversation or presentation - Please!!!!
l like learn about this course and subject We will follow full courses for an intense love thank you very much
The course was excellent. It met my expectations.
Lesson Questions and Answers0 Questions
INTRODUCTION AND OVERVIEW
LEGISLATION AND LINK
- Legislation and Requirements 10:33
- XBRL and Link to SOX 16:41
CONTROL POINT
- Control Point Accuracy 2:12
- Control Point Completeness and Validity 7:35
- Control Point Roles and Authorizations 7:33
- Control Point Presentation 4:23
HANDLING THE INFORMATION
- Handling Inputs 3:16
- Handling Process 4:28
- Handling Tagging 2:08
- Handling Validation and Output 5:22
INTERNAL CONTROLS, LIABILITY, AND RESPONSIBILITY
CONCLUSION
COTINUOUS PLAY
SUPPORTING MATERIALS
- Slides: XBRL – Connection to SOX 302/404 and Critical Roles PDF
- XBRL – Connection to SOX 302/404 and Critical Roles Glossary/Index PDF
REVIEW & TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
Ask the instructor a question about this lesson