fin-sox-testing

What problem does it solve?

Helps compliance, audit, and finance teams quickly plan, document, and standardize SOX 404 testing by producing control matrices, sample selections, testing workpapers, and deficiency assessments to reduce manual effort and increase audit readiness.

Core Features & Use Cases

• Control identification and matrix: Map key controls, types, frequency, assertions, and risk for areas like revenue, P2P, payroll, ITGC, and financial close.
• Sample sizing and selection: Recommend sample sizes by frequency and risk and provide random, systematic, or targeted selection rationales.
• Testing workpapers and results templates: Generate pre-populated testing workpapers, pass/fail tables, exception logs, and conclusion templates ready for reviewer sign-off.
• Deficiency classification and remediation guidance: Evaluate exceptions into deficiency, significant deficiency, or material weakness and suggest remediation actions.
• Use case example: Plan quarterly revenue recognition testing with a control matrix, sample selection across the period, and a completed testing workpaper for reviewer sign-off.

Quick Start

Request a SOX test plan for revenue-recognition for 2024-Q4.