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I work for a relatively small company going public this year and I need to make a presentation to our management team about the basics of SOX compliance.
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by vchristian
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Answers
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answered , updated
by jelani41
0SOX compliance can take on many different forms in each organization, but it essentially boils down to the documentation and ongoing verification of the controls you have put in place to ensure that your public financial reporting is accurate and timely. In order to communicate that message to your management team, I find it best to share common examples of the types of controls that are typically put in place by public companies as part of their SOX compliance efforts including controls related to governance, public reporting of material events (8-Ks), and record retention policies. UpCounsel's summary of SOX compliance provides some useful examples - see the link.
https://www.upcounsel.com/sarbanes-oxley-and-corporate-governance