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author's profile photo Former Member
Former Member

SOX

Hi all,

Would you please explain me what is SOX? how do we use them?

And please provide me some documents.

Thanks in advance

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Aug 10, 2007 at 01:29 PM

    SOX is a kind of regulation / auditing guidelines. SAP is SOX compliant erp. SOX does not allow any bad business practice.

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    • Former Member Former Member

      Anoop:

      So you want a "checklist". You'll need to google that with key words: IT Finance Controls Checklist SOX.

      There are various tools available to assess the effectivenss of control, but you need to buy them. Check with your manager if they desire to have one.

      Whether your project is SOX compliant or not will depend on the effectiveness of controls in FI.

      I have given you some basic information along with some examples

      I believe now you have and understanding of what needs to be done.

      If you have a good understanding of FI business processes you may not need a tool to assess effectiveness of controls.

      As I have said before you need to work with accounting dept to analyse controls and configure SAP appropriately.

      Vj

  • Posted on Aug 10, 2007 at 01:52 PM

    hi kp,

    you can find more details and documents on www.sox.org It is more about internal controls and internal checks to avoid manipulation and misappropriation of resources.

    thanks

    suresh arya

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 03, 2007 at 02:39 PM

    KP:

    I hope this helps you understanding as well.

    Assign points if info helps.

    Vj

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