SOX - Year Two Planning Presentation.ppt

SOX Presentation:
Year Two Planning
Agenda
Introduction
Overview of SOX Requirements
Overview of Year pliance Efforts
Lessons Learned
SOX Methodology and Approach
Year 2 and Beyond
Q & A
Who is Protiviti?
Protiviti is focused solely on internal audit, technology consulting, business risk consulting and corporate governance.
We currently have over 1,800 professionals worldwide in 48 offices.
Protiviti owns the intellectual capital – training, methodology and tools – developed by these professionals over the past 16 years.
Our pany, Robert Half International (RHI), formed Protiviti in May 2002 by hiring over 700 "Big 5" professionals, including over 50 partners, with significant internal audit and risk consulting experience.
Locally, we have an office of 10 professionals, each with SOX, internal audit, and/or technology risk consulting experience.
Our Vision
To be recognized as the premier global risk consulting and internal audit pany in the world.
Our Mission
To constantly improve how businesses manage risk. We will develop petency in people that enhances their value. We will bring unparalleled expertise to clients in risk management.
Our Values
Professionalism
Productiviti
Proactiviti
Objectiviti
Creativiti
Integriti
Overall Objectives
For some of you, the "ninth inning" of Year 1 is over, and your thoughts are (may be) on Year 2!
How should you approach Year pliance?
What will be required of the process owners, project team, etc.?
How will pany address the deficiencies noted?
Others have started pliance effort, but may desire pare their approach with others.
Still, there remains several non-panies who have not started the pliance efforts.
Where should you start?
How many resources should be dedicated to the project?
What approach is mended?
Overview of SOX Requirements
Why the Legislation?
A quick look at the major headlines during 2001 and 2002 tells the tale of a crisis in the making:
Nov. 8, 2001 - Enron restates earnings for past five years,