Sarbanes Oxley Simplified

Need to understand the basics of the Sarbanes Oxley Act of 2002, or do you have employees who do? Quickly gain a solid understanding of the purpose and importance of the act, how it applies to you, what is needed for compliance and how to improve financial controls.

Benefits/Features

Useful for anyone wanting to learn the basics of the Sarbanes Oxley Act

Ideal for employees and investors of publicly traded companies, consultants and investment advisors.

Quickly get up to speed on the Act's fundamentals.

Sarbanes Oxley Simplified is designed to be very easy to use and learn and requires no existing financial training. The course uses a simple browser-like interface and starts with the basics and builds competence each step of the way. A quiz at the end of each section and automatic flagging of content that was missed ensures that you are ready for each stage. Each user can go at his or her own pace and the concepts in the course are easily learned and retained using:

• animations
• sound
• graphics
• practice exercises
• direct user interaction
• quizzes

Gain a Thorough Understanding of the Sarbanes Oxley Act

• Lesson One – Financial Report Basics: Learn the purpose and function of the three main financial statements required of public corporations: the Income Statement, Balance Sheet and Cash Flow Statement.
• Lesson Two - Purpose of Sarbanes Oxley Act: Defines each key term in its stated purpose and the purpose as a whole.
• Lesson Three - What problem does Sarbanes Oxley (SOX) seek to solve? Understand the background and events that led to the demand for increased regulation of publicly traded companies and the creation of the act. The lesson covers:
  • The Problem
  • Corporate Statistics and "Expert" Advice
  • Corporate Financial Reports
  • Reporting Accuracy
  • Accounting Standards and Reporting
  • Rules of the game and the Players
  • The Policemen (Regulatory Agencies)
  • Penalties
  • The Real Solution – Financial Literacy
• Lesson Four – 11 Titles – purpose of each: Learn the purpose of each of the Sarbanes-Oxley Act's 11 titles.
• Lesson Five – 66 Sections – summary of each: Each of the 66 sections are summarized including the specific problems that they address what rules and penalties have been enacted.
• Lesson Six – Section 302 Executive Certification of Financial Statements: Understand the critical need for financial statement accuracy and the importance of making contributory reports factual and accurate.
• Lesson Seven – Section 404 Documentation of Financial Controls: Understand the key rules and how to ensure efficient and accurate financial operating and reporting practices.
• Course Supplemental Materials:
  • The Full Act as passed by congress in a form that can be searched or navigated. Cross-linked to the glossary.
  • A full glossary of key terms cross linked to the relevant sections in the Act.
  • References and Useful Links

Testimonials

Produced by Competence Software, the publisher of e-Learning financial courses that have been used by 500,000 users around the world since 1992.

Jenny Chua, Sarbanes Oxley Programs Officer, Gemplus International: "Sarbanes Oxley Simplified aligns with our objectives, simplifies the Act, makes it fun to learn and, since it is digital, represents a very cost effective solution to getting a large number of employees on the same page as regards this vital compliance issue." Note: This product is available by download only! Please select downloadable shipping when checking out, and you will receive a download link within 1 business day.