IT AUDIT FOR SOX COMPLIANCE

Global One LT has CISA certified Audit managers. Global One LT can assist with all aspects of Sarbanes-Oxley including:

Compliance project planning and Project Management – We provide leadership and coordination throughout our Audit projects. This includes monitoring and reporting the progress of the project against milestones and the ongoing modification and monitoring of a detailed work plan. We coordinate resources, prepare status reports, update the project plan, and present at Steering Committee meetings. We have PMP certified project managers to perform these tasks

Documentation, evaluation, testing and remediation of risks and controls. Our approach to compliance with the Model Audit Rule is based on a top down approach which involves assessing the overall entity-level control environment. We assist in the identification, documentation and testing of entity-level controls using an entity-level control catalog which is based on the COSO framework. This includes:

• » IT General Controls,
• » Application Controls,
• » Baseline application testing
• » Segregation of Duties (SOD) testing

Improvement of internal controls and key IT processes. We have CRISC certified associates. Using the risk assessment, we prepare your Model Audit Rule documentation of the identified processes and control activities that are in scope and identify the key controls. As part of the key control selection effort, we focus on ensuring that the scope of the key controls addresses only those processes and activities which cover internal controls over financial reporting. We also focus on selecting key controls that are, automated and preventive versus manual and detective as generally automated and preventive type controls are more reliable and less costly to test. Our project stays focused on what is required by the Model Audit Rule and provides suitable integration with your external auditors.