Optimize your SOX Compliance Program in 2024 | Navigating 404(a) and 404(b) Requirements
Join our second webinar as we continue to discuss "Optimizing Your SOX Compliance Program." This session will continue to focus on best practices in SOX compliance whether you're preparing for an IPO, a first-year filer, or have been performing SOX for many years. We will provide a deeper dive into overall efficiencies and challenges when looking at both 404(a) and 404(b) requirements.
We will be joined by Robert Morales (CPA, MBA), who is a seasoned financial reporting and accounting professional with extensive experience in SEC reporting, technical accounting, and Sarbanes-Oxley (SOX) control reviews and testing. Currently serving as the Senior Vice President of Accounting and Finance at Ovid Therapeutics Inc., Robert has a proven track record of leading teams to achieve high performance and implementing process enhancements including technology enablement to improve efficiency and controls. His career spans various industries, including biotech, pharmaceuticals, consumer goods, and energy.
Participants will receive practical insights and actionable strategies to navigate the complex landscape of Internal Controls over Financial Reporting (ICFR) and SOX compliance in the current year (2024) and beyond.
Learning Objectives: Latest Updates and Key Challenges in SOX compliance for 2024
- Requirements for SOX Section 404(a) and 404(b)
- Managements Assessment of Internal Controls; documentation and reporting responsibilities
- External Auditor's assessment of Internal Controls
- Differences and overlaps to consider
- Common challenges and impact of non-compliance
- Strategies for Optimizing both 404(a) and 404(b) compliance
- Developing a robust framework, and efficient documentation practices including testing and monitoring
- Collaboration with External Auditors, enhancing audit preparedness, and leveraging technology
- Discuss overall best practices and case studies, key takeaways, and future trends to consider
Learning Outcomes: Participants will be able to understand the latest updates for SOX Compliance in 2024 and beyond, as well as learn how to optimize, proactively prepare, and work as an integrated team (including with your external auditors and/or stakeholders) to bring best practices and modernize the entirety of the SOX process.
This course qualifies for 1.0 CPE credit in Technical – Regulatory Ethics.
Group Internet-based; Program level: Basic; Prerequisites: No advanced preparations or prerequisites needed.
Eisner Advisory Group LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
NASBA Sponsor Registry ID: 108139.
It's Time to Optimize Your SOX Compliance Program