About This Course:
This course - taught by and ex-payroll auditor - covers the payroll and benefit areas that are most likely to come under scrutiny due to the Sarbanes Oxley Act (SOX) Act.
SOX has far-reaching implications affecting all corporate functions - including payroll - so it is wise to increase internal controls over those parts of payroll operations which have the most profound effects to your company.
If not, the Act authorizes both civil and criminal penalties for corporate officers and managers responsible for non-compliance.
What You'll Learn:This course helps identify which payroll and benefit expenses are most likely to come under scrutiny due to the SOX Act. It also makes recommendations on how to conduct internal audits designed to test controls over these areas, and ensure the results are adequately represented on corporate financial statements.
You'll also learn how documentation, testing, reporting, and monitoring can ensure ongoing compliance with the Act, letting you and your upper management sleep better at night.
- The Sarbanes Oxley Act's purpose and key provisions
- How the Act relates to the payroll function
- What specifically the payroll department must do to promote compliance with the Act
- The Internal Audit function and its part in the compliance process
- Ongoing IA activities to help maintain payroll department compliance with the Act
Continuing Education Credits:
Click the 'Credits' tab above for information on PHR/SPHR, PDCs, and other CE credits offered by taking this course.