- May 24, 2017
Our five phase approach provides guidance for successful compliance of J-SOX requirements within your organization.
- Planning & Scoping:
- Evaluate and Compare J-SOX to U.S. SOX Requirements on a Company Level
- Establish Materiality Threshold Metrics
- Assess Risk at the Company Level with Emphasis on Safeguarding of Assets and IT Control Environment
- Control Assessment:
- Evaluate Company-Level Internal Controls
- Evaluate Process-Level Internal Controls over Closing and Financial Reporting
- Evaluate Process-Level Internal Controls Other than Closing and Financial Reporting Processes
- Risk Assessment & Control Design:
- Determine and Rate the Inherent Risk
- Review Internal Control System Designed and Implemented by the Management
- Align the Control Activities to the Risk at the Company Level
- Identify Key Controls
- Testing & Evaluating Controls:
- Develop Test Plans based on the Significance and Type of Control
- Review Test Plans with Management with Consideration of Implemented Internal Control System
- Perform Test Execution
- Deficiency Assessment & Conclusion Report:
- Evaluate Identified Control Deficiencies
- Communicate Identified Control Deficiencies to Management
- Prepare Conclusion Report
- Provide Response to IT
Read more about J-SOX Versus U.S. Sarbanes Oxley Act Specifics of J-SOX Requirements.
If you have any questions, we'd like to hear from you.
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