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Sarbanes-Oxley Act Training

ProTrain Online

Description

The series of corporate financial scandals that took place in the United States has led to the framing of new legislation called Sarbanes-Oxley Act that strengthens corporate governance and restores investor confidence and eliminates corporate corruption and fraud.

The law was intended to bolster public confidence in the nation's capital markets and imposes new duties and significant penalties for non compliance on public companies and their executives, directors, auditors, attorneys and securities analysts.

Course Topics

  • Overview of Sarbanes-Oxley Act
  • Public Company Accounting Oversight Board
  • Auditor Independence
  • Corporate Responsibility
  • Enhanced Financial Disclosures
  • Analyst Conflicts of Interest
  • Commission Resources and Authority
  • Studies and Reports
  • Corporate and Criminal Fraud Accountability
  • White-Collar Crime Penalty Enhancements
  • Corporate Tax Returns
  • Corporate Fraud and Accountability

Outcomes

After completing this course you will be conversant with:

Accountability standards for Corporate Boards, Audit Committees and for External Auditors

  • Criminal penalties prescribed for misconduct by the Corporate Officials and violations of the Securities Exchange Act of 1934
  • Establishment of Public Company Accounting Oversight Board under the Securities and Exchange Commission to oversee public accounting firms and issue accounting standards
  • Certification of financial reports by Chief Executive Officers and Chief Financial Officers
  • Requirements that publicly traded companies furnish independent annual audit reports on the existence and condition of internal controls as they relate to financial reporting
  • Enhanced financial disclosures
  • Requirements for stringent internal controls both for general governance as well as Information Technology (IT) systems
  • Assessment

    course quick facts
    course code PRO1047
    cost $325.00
    estimated time to
    complete course
    24 Hours
    course materials
    available
    3 Months