Mastering Sox Compliance Requirements: Essential Controls You Must Know!

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@SamRytHere Жыл бұрын

i got 70 marks in CA final ISCA in Nov 2017. Now once again I visited your channel for the sox compliance playlist. 🙏

@LearnITSecuritywithLuvJohar 10 ай бұрын

thanks, please keep watching and share if you like this video :)

@uapaypal 2 жыл бұрын

Thank you for the video! Short but informative!

@LearnITSecuritywithLuvJohar 10 ай бұрын

thanks, please keep watching and share if you like this video :)

@user-cy5yc8mp3i Жыл бұрын

Really Excellent just 10 minute video i understand very clear and easy way thanks for this... Lovely 🙂

@LearnITSecuritywithLuvJohar 10 ай бұрын

thanks, please keep watching and share if you like this video :)

@dustindrzaba 2 жыл бұрын

Extremely helpful and well spoken, thanks!

@LearnITSecuritywithLuvJohar Жыл бұрын

thanks for watching!!

@naveenalakshmi125 Жыл бұрын

Thank you sir It is extremely helpful and informative

@LearnITSecuritywithLuvJohar Жыл бұрын

thanks for watching!

@HadassahSikani 4 ай бұрын

Hi thank you sir for this brief overview. I'm new to this field and still learning. Could you tell me please as a CISA doing IT audits, would I be focusing on the internal controls rather than the content of the financial reports themselves, which would require accounting knowledge? I'm trying to understand the differences between the role of a CAE or CIA vs CISA in relation to SOX regulations.

@LearnITSecuritywithLuvJohar 4 ай бұрын

Absolutely, I can help clarify the roles and differences for you. As a Certified Information Systems Auditor (CISA) specializing in IT audits, your primary focus is indeed on evaluating and ensuring the effectiveness of internal controls related to information systems and technology within an organization. This includes assessing the reliability of financial data generated by these systems but not necessarily the content or accuracy of the financial reports themselves, which would typically fall under the purview of a Certified Public Accountant (CPA) or Chartered Accountant (CA) with a background in auditing. Now, let's differentiate between the roles you've mentioned: CISA (Certified Information Systems Auditor): Focus: Information systems and technology. Responsibilities: Evaluating internal controls, assessing IT risks, ensuring compliance with regulations and standards (such as SOX), and providing recommendations for improving IT processes and security. In relation to SOX (Sarbanes-Oxley Act): Ensuring that IT controls related to financial reporting are effective and compliant with SOX requirements. CAE (Chief Audit Executive): Focus: Overall internal audit function. Responsibilities: Leading and managing the internal audit department, overseeing audit activities across various functions including financial, operational, and compliance audits, and reporting findings and recommendations to senior management and the board of directors. In relation to SOX: Ensuring the overall effectiveness of internal controls, including those related to financial reporting, to comply with SOX requirements. CIA (Certified Internal Auditor): Focus: Internal audit profession. Responsibilities: Conducting internal audits across different areas of an organization, including financial, operational, and compliance audits, evaluating internal controls, assessing risks, and providing assurance to management on the effectiveness of governance processes. In relation to SOX: Contributing to the assessment of internal controls related to financial reporting, which is a key aspect of SOX compliance. In summary, as a CISA, your primary focus would be on IT audits and ensuring the effectiveness of IT controls, including those related to financial reporting required by regulations like SOX. You would work alongside CAEs, CIAs, and other professionals to collectively ensure the overall integrity and compliance of an organization's operations and reporting processes.

@HadassahSikani 4 ай бұрын

@@LearnITSecuritywithLuvJohar Wow. Thank you so much for that detailed explanation which has clarified the landscape very well and help put me on the right career path towards pursuing the CISA since I want to focus on IT controls. This is the first of your videos I have watched and I hope to learn more from your other content. Thank you again for taking the time to respond.