SOX Section 404 KPIs and KRIs
•Download as PPTX, PDF•
0 likes•81 views
SOX Section 404 KPIs and KRIs: Assess the effectiveness and risks in complying with Sarbanes-Oxley Act (SOX) Section 404 to ensure accurate financial reporting.
Report
Share
Report
Share
Recommended
ARC 1-19^J 1-5(12marks).pptx
This document contains questions and answers about auditing processes and quality systems. It discusses the different types of audits, defines audit evidence and lists factors that affect audit evidence reliability. It explains the audit process steps and defines nonconformities, classifying them into critical, major and minor types with examples. It also lists the elements of a quality system, discussing management responsibilities. Other questions cover cGMP regulations regarding premises, personnel, equipment and raw materials, packaging and labeling controls. Quality system elements like manufacturing operations and evaluation activities are also explained.
Arens12e 10
This document summarizes key concepts around internal controls and Section 404 audits from an accounting textbook chapter. It discusses the objectives of internal controls, management and auditor responsibilities, the COSO framework components, understanding and assessing internal controls, testing controls, and differences in requirements for public vs. non-public companies. Key topics covered include control environment, control activities, obtaining an understanding of controls, evaluating control risk, and auditor reporting on the effectiveness of internal controls.
FAMI-QS Audit CHECKLIST.doc
The document is an internal audit checklist for a feed manufacturing facility. It summarizes the facility's management system, which includes a quality manual, documented procedures, HACCP plans, and records for production batches. The checklist verifies that the management system covers all required elements such as management commitment, document control, training, sanitation, pest control, and equipment calibration. It identifies a few minor non-conformances regarding floor damage, record keeping for maintenance cleaning, and gaps in pest control measures.
Common internal audit findings & how to avoid them
The document summarizes topics that were covered in a workshop on common internal audit findings and how to avoid them. It discusses internal auditing and controls, elements of internal controls, common audit findings such as non-compliance and lack of monitoring, fraud indicators, and how to avoid findings by establishing policies, procedures, and internal controls.
Inv cont e
The audit found that Elections Canada has appropriate processes and controls in place to manage its election supplies inventory. However, some control weaknesses were identified: documentation of the inventory control framework is inadequate; documents do not always prove controls were performed; and inventory movement is not always timely recorded. The audit recommends improving control documentation, ensuring proof of control performance, establishing an inventory count policy including a full year-end count, and reviewing inventory management technology options. Addressing these weaknesses would enhance inventory management and financial reporting.
healthcare auditing and monitoring tools
This document provides an overview of tools and resources for health care auditing and monitoring of compliance programs. It includes sections on planning and conducting audits, general compliance program audit tools and worksheets, evaluating effectiveness, responding to OIG work plans, billing and coding, HIPAA, evaluation and management, additional specialized review procedures and tools, outcomes, and job descriptions. Appendices provide additional guidance on performing risk assessments, developing compliance work plans, using computer-assisted audit techniques, and other topics.
IFC Presentation
The document discusses Internal Financial Controls over Financial Reporting (ICFR) as mandated under the Companies Act 2013 for listed and unlisted companies in India. It provides an overview of the regulatory requirements for ICFR, the components of ICFR, guidelines on auditing ICFR, and the key elements and processes involved in establishing effective internal controls over financial reporting.
Laboratory quality management system
This presentation deals about the various Standard Operating procedures (SOPs) for drinking water testing labs for NABL Accredation
Recommended
ARC 1-19^J 1-5(12marks).pptx
This document contains questions and answers about auditing processes and quality systems. It discusses the different types of audits, defines audit evidence and lists factors that affect audit evidence reliability. It explains the audit process steps and defines nonconformities, classifying them into critical, major and minor types with examples. It also lists the elements of a quality system, discussing management responsibilities. Other questions cover cGMP regulations regarding premises, personnel, equipment and raw materials, packaging and labeling controls. Quality system elements like manufacturing operations and evaluation activities are also explained.
Arens12e 10
This document summarizes key concepts around internal controls and Section 404 audits from an accounting textbook chapter. It discusses the objectives of internal controls, management and auditor responsibilities, the COSO framework components, understanding and assessing internal controls, testing controls, and differences in requirements for public vs. non-public companies. Key topics covered include control environment, control activities, obtaining an understanding of controls, evaluating control risk, and auditor reporting on the effectiveness of internal controls.
FAMI-QS Audit CHECKLIST.doc
The document is an internal audit checklist for a feed manufacturing facility. It summarizes the facility's management system, which includes a quality manual, documented procedures, HACCP plans, and records for production batches. The checklist verifies that the management system covers all required elements such as management commitment, document control, training, sanitation, pest control, and equipment calibration. It identifies a few minor non-conformances regarding floor damage, record keeping for maintenance cleaning, and gaps in pest control measures.
Common internal audit findings & how to avoid them
The document summarizes topics that were covered in a workshop on common internal audit findings and how to avoid them. It discusses internal auditing and controls, elements of internal controls, common audit findings such as non-compliance and lack of monitoring, fraud indicators, and how to avoid findings by establishing policies, procedures, and internal controls.
Inv cont e
The audit found that Elections Canada has appropriate processes and controls in place to manage its election supplies inventory. However, some control weaknesses were identified: documentation of the inventory control framework is inadequate; documents do not always prove controls were performed; and inventory movement is not always timely recorded. The audit recommends improving control documentation, ensuring proof of control performance, establishing an inventory count policy including a full year-end count, and reviewing inventory management technology options. Addressing these weaknesses would enhance inventory management and financial reporting.
healthcare auditing and monitoring tools
This document provides an overview of tools and resources for health care auditing and monitoring of compliance programs. It includes sections on planning and conducting audits, general compliance program audit tools and worksheets, evaluating effectiveness, responding to OIG work plans, billing and coding, HIPAA, evaluation and management, additional specialized review procedures and tools, outcomes, and job descriptions. Appendices provide additional guidance on performing risk assessments, developing compliance work plans, using computer-assisted audit techniques, and other topics.
IFC Presentation
The document discusses Internal Financial Controls over Financial Reporting (ICFR) as mandated under the Companies Act 2013 for listed and unlisted companies in India. It provides an overview of the regulatory requirements for ICFR, the components of ICFR, guidelines on auditing ICFR, and the key elements and processes involved in establishing effective internal controls over financial reporting.
Laboratory quality management system
This presentation deals about the various Standard Operating procedures (SOPs) for drinking water testing labs for NABL Accredation
Internal audit and document retention
This document summarizes internal auditing and document retention. It defines internal auditing as an independent, objective assurance activity designed to add value and improve an organization. It discusses the objectives, principles, approaches, planning, evidence, and benefits of internal auditing. It also discusses document storage, retention periods, retrieval, and concludes that documents should be retained for at least one year after product expiry or six years after manufacture.
Audits in pharma industries
This document provides an introduction to auditing and the audit process. It defines an audit as the on-site verification of a process or quality system to ensure compliance. Audits can be conducted internally or externally according to ICH guidelines. The objectives of an audit are to determine conformity or nonconformity with quality systems and to improve quality. Pharmaceutical manufacturers use GMP audits to verify manufacturing controls and permit timely problem correction. Management audits comprehensively examine an organization. Audits can be first, second, or third party. An auditor's responsibilities include providing audit reports and identifying issues. The planning process for an audit involves announcing a schedule, conducting meetings, performing the audit, and providing follow-up.
SQF Conference 2015: PROPER RECORDKEEPING AND DOCUMENTATION: THE KEY TO REDUC...
Improper recordkeeping creates room for errors that can ruin an organization’s reputation and completely shut down a worksite. Get valuable and practical guidance to help you reduce the risks and liabilities of poor documentation practices and learn what information needs to be captured to ensure compliance. Discover how to ensure your documents are solid and defensible and that supervisors and managers grasp the need for objective documentation. Get tips and techniques on how to create documents that are easy to complete and how to review records for accuracy. Discover common pitfalls that distributors can overcome with robust systems and employee engagement and take home best practices for recording, maintaining, verifying, and tracking the history of food products in distribution.
Professional Skepticism Panelist Discussion
Presentation by Helen Munter, Director, Division of Registration and Inspections, PCAOB, at the IAASB Meeting, in New York, June 17 2015.
Arens12e 07
The document discusses audit evidence and audit documentation. It covers four key audit evidence decisions needed to create an audit program, characteristics that determine the persuasiveness of evidence, and eight types of audit evidence used in auditing. It also discusses the purposes and organization of audit documentation, and how e-commerce affects audit evidence and documentation.
introduction to internal control in a financial statement audit
Dear All,
There slides are the key played role for internal auditors taking it as reference technique for practical jobs at workplaces.
Audit process
The audit process involves 6 phases:
1) Preliminary planning
2) Pre-survey
3) Survey
4) Data collection and analysis
5) Reporting
6) Postaudit evaluation
The objective of an audit is to enable the auditor to express an opinion on whether the financial statements are prepared in accordance with the applicable financial reporting framework. The scope of an audit determines the audit procedures necessary to achieve the audit's objective.
Forms and formats help for lab accreditation
Dr. Neeraj has provided a list of records and formats necessary to meet ISO standards for laboratories. The list includes over 50 documents across various areas like management, employees, equipment, quality control, audits and more. Standard operating procedures and formats are given for communication, document control, service agreements, evaluations, audits, training and more. The laboratory may use these suggested formats or modify them as needed and add more over time to maintain compliance with ISO standards.
Qsm guidelines
The document provides guidance for conducting internal audits of a company's quality system manual (QSM) to evaluate compliance. It outlines the planning, performing, documenting, and change implementation phases of an audit. Sample forms are also included to aid in formalizing an internal audit process. The purpose is to assess conformance with the QSM and identify any needed improvements to make a better product.
Challenging Aspects of SQF Implementation: A CB’s Perspective
The document identifies several challenging aspects of implementing the SQF food safety standard based on a survey of certifiers and suppliers. Administrative challenges included issues with registration and understanding the grading system. Operational challenges centered around developing food safety plans, foreign object control, and maintenance practices. Additional areas of confusion were food defense protocols and requirements for identity preserved products. The key to successful implementation is designating a competent practitioner, gaining training, reflecting actual business practices, allowing sufficient time, and keeping the system current.
WIRC-IFC.pdf
1) The document discusses internal financial controls as required by the Companies Act 2013 in India, including who is responsible for them according to the Act. It covers topics such as the definition of internal financial controls and internal controls over financial reporting, the global perspective on internal controls, and the expected response from various stakeholders.
2) The process for evaluating and reporting on a company's internal controls is discussed, including scoping the evaluation, assessing control design, identifying gaps, testing operating effectiveness, and reporting material weaknesses.
3) Key considerations are provided for each step of the internal controls evaluation process.
Hanrick Curran Audit Training - ASIC's Top 10 Focus Areas (March 2013)
A brief overview of ASIC's (#ASIC) top 10 focus issues for audit. Training delivered to junior staff by our qualified managers.
Introduction to the audit evidence and audit documentation
Dear All,
it's very importance for learning of the course of audit because it has shown very clear to the step of auditing processing.
Internal controls (2).pptx
The document discusses internal controls and their components. It explains that tests of controls affect the audit strategy and level of substantive testing. Effective internal controls result in lower control risk and less substantive testing, while ineffective controls mean higher control risk and more substantive testing. The five key components of an internal control system are the control environment, risk assessment, information and communication, control activities, and monitoring. The document also provides examples of sales, purchase, and inventory control cycles and procedures.
Paps 1000 ph
Rodel S. Navarro; Business and Management Consultant and Director; RODEL SY NAVARRO BUSINESS CONSULTANCY SERVICES (RSNBCS); Tel / Mobile: +63-0917-7333563; Email: rsnbcs@gmail.com http://www.slideshare.net/RSNBCS; (About Business Laws compilation): http://www.slideshare.net/BUSINESSLAWSPH Email: businesslawsph@gmail.com; https://www.slideshare.net/FREEPDFBOOKSPH; freepdfbooksph@gmail.com; www.slideshare.net/IFRS_IAS_COMPILED; ifrs.ias.compiled@gmail.com; https://www.slideshare.net/PH_STANDARDSONAUDITING_COMPILED Email: psauditing.compiled@gmail.com; http://www.youtube.com (copy&search) RSNBCS_MBA_COURSES_PREPARATION; Email: rsnbcs.mba.courses.prep@gmail.com
270. ISO 45001 Audit Report Checklist Template.docx
This document provides guidance for conducting an audit of an organization's occupational health and safety (OH&S) management system based on the requirements of ISO 45001. It outlines the audit scope, ratings, and criteria. The audit criteria cover the requirements of ISO 45001 sections 4 through 10 on topics like leadership, planning, support, operation, performance evaluation, and improvement. The document provides templates for documenting audit findings, nonconformances, opportunities for improvement, and corrective actions.
FSMA Friday Bonus - Completing Effective GFSI Internal Audits
Rolando Gonzalez, Ph.D., VP of Public Health at The Acheson Group recaps March 2019 FSMA news and Senior Advisor of Food Safety at TAG, Rich Simmons, presents insights about how to conduct an effective internal audit of your GFSI program.
Key factors and main change over in iso 17025 2017
1. The document discusses changes to ISO 17025:2017 regarding general requirements for testing and calibration laboratories. It outlines key changes to requirements regarding impartiality, confidentiality, organizational structure, personnel competence, equipment, metrological traceability, externally provided products/services, and method selection/validation.
2. New standards specify that laboratories must be committed to impartiality and minimize risks to impartiality. Personnel must keep information confidential, unless legally required. Laboratories must define their organizational structure and personnel responsibilities.
3. Equipment must be suitable for intended measurements and calibrated when it impacts validity or traceability of results. Laboratories must establish traceability of measurements to SI units through an unbroken chain of calibrations.
AUDIT PLAN TEMPLATE1.Audited organization2.Audi.docx
AUDIT PLAN TEMPLATE
1.
Audited organization:
2.
Audit date/ period:
3.
Audit type:
4.
Audit objectives:
a) to determine the conformity of the quality management system with audit criteria;
b) determine the ability of the quality management system to ensure the organization meets applicable statutory, regulatory and contractual requirements;
c) to determine the effectiveness of the quality management system to ensure the organization can reasonably expect to achieve its specified objectives.
5.
Audit scope
Activities:
Locations of the audit:
6.
Audit activities
The purpose of the audit is to evaluate the implementation, including effectiveness of the management system.
The audit team will collect, by appropriate sampling, objective evidence regarding the following aspects: conformity of the management system to all audit criteria; performance monitoring, measuring, reporting and reviewing against key performance objectives and targets; the ability of the management system in meeting applicable statutory, regulatory and contractual requirements; operational control of the processes; internal auditing and management review; management responsibility for the declared policies.
Methods used to obtain information are: interviews, observation and review of documented information.
Audit findings (summarizing conformity and detailing nonconformity) will be recorded by the audit team using specific forms.
Nonconformities are recorded and classified as follows:
Major nonconformity – nonconformity that affects the capability of the management system to achieve the intended results. Major nonconformity can be either a significant doubt that effective process control is in place or products or services will meet specific requirements or a number of minor nonconformities associated with the same requirement or issue that could demonstrate a systemic failure.
Minor nonconformity – a nonconformity that does not affect the capability of the management system to achieve the intended results.
7.
Audit team:
JOHN DOE – Lead Auditor
JOHN DOE – Technical expert
JOHN DOE - Observer
8.Auditee representatives: Wafa’a
9.Opening and closing meetingsThe audit starts with the opening meeting. The purpose of the opening meeting is to provide a short explanation of how the audit activities will be undertaken.At the end of the audit the closing meeting will take place. The purpose of the closing meeting is to present the findings and conclusions of the audit team.The participants to opening and closing meetings are usually the members of the audit team, the management of the organization and those responsible for the functions or processes audited.Opening and closing meetings are conducted by the lead auditor and attendance is recorded.
10.
Audit language:
11.
Audit report
An audit report will be elaborated by the lead auditor and communicated to the organization
12.
Confidentiality
All information obtained by the audit team is confidential and will not be used.
GRC Program KPIs and KRIs
GRC Program KPIs and KRIs:
Track the effectiveness and potential risks of Governance, Risk, and Compliance (GRC) initiatives to maintain regulatory compliance and mitigate risks.
GDPR Compliance KPIs and KRIs
GDPR Compliance KPIs and KRIs:
Academy.skillweed.com
Evaluate the performance and risks related to complying with the General Data Protection Regulation (GDPR) to protect data privacy.
More Related Content
Similar to SOX Section 404 KPIs and KRIs
Internal audit and document retention
This document summarizes internal auditing and document retention. It defines internal auditing as an independent, objective assurance activity designed to add value and improve an organization. It discusses the objectives, principles, approaches, planning, evidence, and benefits of internal auditing. It also discusses document storage, retention periods, retrieval, and concludes that documents should be retained for at least one year after product expiry or six years after manufacture.
Audits in pharma industries
This document provides an introduction to auditing and the audit process. It defines an audit as the on-site verification of a process or quality system to ensure compliance. Audits can be conducted internally or externally according to ICH guidelines. The objectives of an audit are to determine conformity or nonconformity with quality systems and to improve quality. Pharmaceutical manufacturers use GMP audits to verify manufacturing controls and permit timely problem correction. Management audits comprehensively examine an organization. Audits can be first, second, or third party. An auditor's responsibilities include providing audit reports and identifying issues. The planning process for an audit involves announcing a schedule, conducting meetings, performing the audit, and providing follow-up.
SQF Conference 2015: PROPER RECORDKEEPING AND DOCUMENTATION: THE KEY TO REDUC...
Improper recordkeeping creates room for errors that can ruin an organization’s reputation and completely shut down a worksite. Get valuable and practical guidance to help you reduce the risks and liabilities of poor documentation practices and learn what information needs to be captured to ensure compliance. Discover how to ensure your documents are solid and defensible and that supervisors and managers grasp the need for objective documentation. Get tips and techniques on how to create documents that are easy to complete and how to review records for accuracy. Discover common pitfalls that distributors can overcome with robust systems and employee engagement and take home best practices for recording, maintaining, verifying, and tracking the history of food products in distribution.
Professional Skepticism Panelist Discussion
Presentation by Helen Munter, Director, Division of Registration and Inspections, PCAOB, at the IAASB Meeting, in New York, June 17 2015.
Arens12e 07
The document discusses audit evidence and audit documentation. It covers four key audit evidence decisions needed to create an audit program, characteristics that determine the persuasiveness of evidence, and eight types of audit evidence used in auditing. It also discusses the purposes and organization of audit documentation, and how e-commerce affects audit evidence and documentation.
introduction to internal control in a financial statement audit
Dear All,
There slides are the key played role for internal auditors taking it as reference technique for practical jobs at workplaces.
Audit process
The audit process involves 6 phases:
1) Preliminary planning
2) Pre-survey
3) Survey
4) Data collection and analysis
5) Reporting
6) Postaudit evaluation
The objective of an audit is to enable the auditor to express an opinion on whether the financial statements are prepared in accordance with the applicable financial reporting framework. The scope of an audit determines the audit procedures necessary to achieve the audit's objective.
Forms and formats help for lab accreditation
Dr. Neeraj has provided a list of records and formats necessary to meet ISO standards for laboratories. The list includes over 50 documents across various areas like management, employees, equipment, quality control, audits and more. Standard operating procedures and formats are given for communication, document control, service agreements, evaluations, audits, training and more. The laboratory may use these suggested formats or modify them as needed and add more over time to maintain compliance with ISO standards.
Qsm guidelines
The document provides guidance for conducting internal audits of a company's quality system manual (QSM) to evaluate compliance. It outlines the planning, performing, documenting, and change implementation phases of an audit. Sample forms are also included to aid in formalizing an internal audit process. The purpose is to assess conformance with the QSM and identify any needed improvements to make a better product.
Challenging Aspects of SQF Implementation: A CB’s Perspective
The document identifies several challenging aspects of implementing the SQF food safety standard based on a survey of certifiers and suppliers. Administrative challenges included issues with registration and understanding the grading system. Operational challenges centered around developing food safety plans, foreign object control, and maintenance practices. Additional areas of confusion were food defense protocols and requirements for identity preserved products. The key to successful implementation is designating a competent practitioner, gaining training, reflecting actual business practices, allowing sufficient time, and keeping the system current.
WIRC-IFC.pdf
1) The document discusses internal financial controls as required by the Companies Act 2013 in India, including who is responsible for them according to the Act. It covers topics such as the definition of internal financial controls and internal controls over financial reporting, the global perspective on internal controls, and the expected response from various stakeholders.
2) The process for evaluating and reporting on a company's internal controls is discussed, including scoping the evaluation, assessing control design, identifying gaps, testing operating effectiveness, and reporting material weaknesses.
3) Key considerations are provided for each step of the internal controls evaluation process.
Hanrick Curran Audit Training - ASIC's Top 10 Focus Areas (March 2013)
A brief overview of ASIC's (#ASIC) top 10 focus issues for audit. Training delivered to junior staff by our qualified managers.
Introduction to the audit evidence and audit documentation
Dear All,
it's very importance for learning of the course of audit because it has shown very clear to the step of auditing processing.
Internal controls (2).pptx
The document discusses internal controls and their components. It explains that tests of controls affect the audit strategy and level of substantive testing. Effective internal controls result in lower control risk and less substantive testing, while ineffective controls mean higher control risk and more substantive testing. The five key components of an internal control system are the control environment, risk assessment, information and communication, control activities, and monitoring. The document also provides examples of sales, purchase, and inventory control cycles and procedures.
Paps 1000 ph
Rodel S. Navarro; Business and Management Consultant and Director; RODEL SY NAVARRO BUSINESS CONSULTANCY SERVICES (RSNBCS); Tel / Mobile: +63-0917-7333563; Email: rsnbcs@gmail.com http://www.slideshare.net/RSNBCS; (About Business Laws compilation): http://www.slideshare.net/BUSINESSLAWSPH Email: businesslawsph@gmail.com; https://www.slideshare.net/FREEPDFBOOKSPH; freepdfbooksph@gmail.com; www.slideshare.net/IFRS_IAS_COMPILED; ifrs.ias.compiled@gmail.com; https://www.slideshare.net/PH_STANDARDSONAUDITING_COMPILED Email: psauditing.compiled@gmail.com; http://www.youtube.com (copy&search) RSNBCS_MBA_COURSES_PREPARATION; Email: rsnbcs.mba.courses.prep@gmail.com
270. ISO 45001 Audit Report Checklist Template.docx
This document provides guidance for conducting an audit of an organization's occupational health and safety (OH&S) management system based on the requirements of ISO 45001. It outlines the audit scope, ratings, and criteria. The audit criteria cover the requirements of ISO 45001 sections 4 through 10 on topics like leadership, planning, support, operation, performance evaluation, and improvement. The document provides templates for documenting audit findings, nonconformances, opportunities for improvement, and corrective actions.
FSMA Friday Bonus - Completing Effective GFSI Internal Audits
Rolando Gonzalez, Ph.D., VP of Public Health at The Acheson Group recaps March 2019 FSMA news and Senior Advisor of Food Safety at TAG, Rich Simmons, presents insights about how to conduct an effective internal audit of your GFSI program.
Key factors and main change over in iso 17025 2017
1. The document discusses changes to ISO 17025:2017 regarding general requirements for testing and calibration laboratories. It outlines key changes to requirements regarding impartiality, confidentiality, organizational structure, personnel competence, equipment, metrological traceability, externally provided products/services, and method selection/validation.
2. New standards specify that laboratories must be committed to impartiality and minimize risks to impartiality. Personnel must keep information confidential, unless legally required. Laboratories must define their organizational structure and personnel responsibilities.
3. Equipment must be suitable for intended measurements and calibrated when it impacts validity or traceability of results. Laboratories must establish traceability of measurements to SI units through an unbroken chain of calibrations.
AUDIT PLAN TEMPLATE1.Audited organization2.Audi.docx
AUDIT PLAN TEMPLATE
1.
Audited organization:
2.
Audit date/ period:
3.
Audit type:
4.
Audit objectives:
a) to determine the conformity of the quality management system with audit criteria;
b) determine the ability of the quality management system to ensure the organization meets applicable statutory, regulatory and contractual requirements;
c) to determine the effectiveness of the quality management system to ensure the organization can reasonably expect to achieve its specified objectives.
5.
Audit scope
Activities:
Locations of the audit:
6.
Audit activities
The purpose of the audit is to evaluate the implementation, including effectiveness of the management system.
The audit team will collect, by appropriate sampling, objective evidence regarding the following aspects: conformity of the management system to all audit criteria; performance monitoring, measuring, reporting and reviewing against key performance objectives and targets; the ability of the management system in meeting applicable statutory, regulatory and contractual requirements; operational control of the processes; internal auditing and management review; management responsibility for the declared policies.
Methods used to obtain information are: interviews, observation and review of documented information.
Audit findings (summarizing conformity and detailing nonconformity) will be recorded by the audit team using specific forms.
Nonconformities are recorded and classified as follows:
Major nonconformity – nonconformity that affects the capability of the management system to achieve the intended results. Major nonconformity can be either a significant doubt that effective process control is in place or products or services will meet specific requirements or a number of minor nonconformities associated with the same requirement or issue that could demonstrate a systemic failure.
Minor nonconformity – a nonconformity that does not affect the capability of the management system to achieve the intended results.
7.
Audit team:
JOHN DOE – Lead Auditor
JOHN DOE – Technical expert
JOHN DOE - Observer
8.Auditee representatives: Wafa’a
9.Opening and closing meetingsThe audit starts with the opening meeting. The purpose of the opening meeting is to provide a short explanation of how the audit activities will be undertaken.At the end of the audit the closing meeting will take place. The purpose of the closing meeting is to present the findings and conclusions of the audit team.The participants to opening and closing meetings are usually the members of the audit team, the management of the organization and those responsible for the functions or processes audited.Opening and closing meetings are conducted by the lead auditor and attendance is recorded.
10.
Audit language:
11.
Audit report
An audit report will be elaborated by the lead auditor and communicated to the organization
12.
Confidentiality
All information obtained by the audit team is confidential and will not be used.
Similar to SOX Section 404 KPIs and KRIs (20)
SQF Conference 2015: PROPER RECORDKEEPING AND DOCUMENTATION: THE KEY TO REDUC...
SQF Conference 2015: PROPER RECORDKEEPING AND DOCUMENTATION: THE KEY TO REDUC...
introduction to internal control in a financial statement audit
introduction to internal control in a financial statement audit
Challenging Aspects of SQF Implementation: A CB’s Perspective
Challenging Aspects of SQF Implementation: A CB’s Perspective
Hanrick Curran Audit Training - ASIC's Top 10 Focus Areas (March 2013)
Hanrick Curran Audit Training - ASIC's Top 10 Focus Areas (March 2013)
Introduction to the audit evidence and audit documentation
Introduction to the audit evidence and audit documentation
270. ISO 45001 Audit Report Checklist Template.docx
270. ISO 45001 Audit Report Checklist Template.docx
FSMA Friday Bonus - Completing Effective GFSI Internal Audits
FSMA Friday Bonus - Completing Effective GFSI Internal Audits
Key factors and main change over in iso 17025 2017
Key factors and main change over in iso 17025 2017
AUDIT PLAN TEMPLATE1.Audited organization2.Audi.docx
AUDIT PLAN TEMPLATE1.Audited organization2.Audi.docx
More from Bim Akinfenwa
GRC Program KPIs and KRIs
GRC Program KPIs and KRIs:
Track the effectiveness and potential risks of Governance, Risk, and Compliance (GRC) initiatives to maintain regulatory compliance and mitigate risks.
GDPR Compliance KPIs and KRIs
GDPR Compliance KPIs and KRIs:
Academy.skillweed.com
Evaluate the performance and risks related to complying with the General Data Protection Regulation (GDPR) to protect data privacy.
Data Privacy KPIs and KRIs
Data Privacy KPIs and KRIs:
Academy.skillweed.com
Monitor the performance and risks related to data privacy measures to ensure compliance with data protection regulations.
BCDR KPIs and KRIs
BCDR KPIs and KRIs:
Academy.skillweed.com
Monitor the performance and risks of Business Continuity and Disaster Recovery (BCDR) plans to ensure resilience in disruptions.
Operational Technology (OT) Facility KPIs and KRIs
OT Facility KPIs and KRIs:
Academy.skillweed.com
Assess the performance and risks associated with Operational Technology (OT) facilities to maintain reliability and security.
Vulnerability Management KPIs and KRIs
This document outlines key performance indicators and key risk indicators for vulnerability management across various categories. It identifies 19 metrics for measuring the effectiveness of vulnerability detection and scanning, vulnerability assessment, patch management, asset classification, reporting and analytics, compliance and auditing, incident response, vulnerability scanning, vendor and third-party risk management, and training and awareness programs. Example metrics include vulnerability remediation rates, patch compliance rates, accuracy of vulnerability reporting, and timeliness of incident response.
Cloud Deployment KPIs and KRIs
Cloud Deployment KPIs and KRIs:
Track the effectiveness and risks in deploying and managing cloud resources for reliability and security.
Asset Management KPIs and KRIs
The document outlines key performance indicators (KPIs) and key risk indicators (KRIs) for evaluating an organization's asset management performance across several categories. It includes 20 KPIs across areas like asset discovery, utilization, lifecycle management, tracking, maintenance, depreciation, compliance, and security. Each KPI lists 1-2 related KRIs that indicate potential risks to watch out for. The overall goal is to help organizations optimize asset utilization, security, and lifecycle management through monitoring these critical metrics.
Incident Response KPIs and KRIs
Incident Response KPIs and KRIs:
Academy.skillweed.com
Measure the efficiency and risks of incident response processes to minimize the impact of security incidents.
Third-Party Vendor Risk Management KPIs and KRIs
Third-Party Vendor Risk Management KPIs and KRIs:
Monitor and assess the performance and risks associated with third-party vendors to ensure they meet security and compliance standards.
Cyber IAM KPIs and KRIs
Cyber IAM KPIs and KRIs:
Academy.skillweed.com
Gauge the performance and risks associated with Cyber Identity and Access Management (IAM) strategies to secure digital identities and access rights.
FedRAMP Compliance KPIs and KRIs
FedRAMP Compliance KPIs and KRIs:
Academy.skillweed.com
Monitor the performance and risks associated with Federal Risk and Authorization Management Program (FedRAMP) compliance for secure cloud services.
SIEM KPIs and KRIs
SIEM KPIs and KRIs:
Academy.skillweed.com
Assess the performance and risks associated with Security Information and Event Management (SIEM) systems for proactive threat detection and response.
RMF KPIs and KRIs
RMF KPIs and KRIs:
Academy.skillweed.com
Gauge the performance and risks related to the Risk Management Framework (RMF) for securing information systems.
Data Governance KPIs and KRIs
Data governance issues are grouped into several categories: data quality, data classification, data ownership, data access control, data privacy compliance, data retention and purging, data audit and monitoring, data documentation, data governance training, and overall data governance key performance and risk indicators. Common issues include inaccurate or missing data, unclassified or misclassified data, undefined data owners, unauthorized data access, non-compliance with privacy laws and policies, data retained past retention periods, infrequent audits, incomplete documentation, and lack of training and policy awareness.
Risk Assessment KPIs and KRIs:
Evaluate the performance and risks in assessing and managing organizational risks to make informed decisions.
NERC-CIP Compliance KPIs and KRIs
NERC-CIP Compliance KPIs and KRIs:
Monitor the performance and risks of complying with North American Electric Reliability Corporation Critical Infrastructure Protection (NERC-CIP) standards for electric infrastructure security.
Threat Intelligence KPIs and KRIs
This document outlines categories of potential issues that can arise in a threat intelligence program. It identifies 15 key risk indicators (KRIs) across 7 categories: data collection, threat analysis, intelligence sharing, indicators, response, regulatory compliance, and reporting. Addressing these KRIs can help organizations track the effectiveness and risks of their threat intelligence efforts.
SDLC KPIs and KRIs
SDLC KPIs and KRIs:
Academy.skillweed.com
Measure the performance and risks associated with the Software Development Life Cycle (SDLC) to deliver high-quality software.
IT General Controls Key Performance Indicator & Key Risk Indicator
Explore the world of IT General Controls through this informative presentation on Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs). In this comprehensive slideshow, we delve into the critical aspects of ITGCs, shedding light on how KPIs and KRIs play a pivotal role in ensuring the effectiveness and security of your organization's IT systems.
Key Topics Covered:
Understanding IT General Controls (ITGCs)
Importance of Monitoring ITGCs
Key Performance Indicators (KPIs) for ITGCs
Identifying and Defining KPIs
Key Risk Indicators (KRIs) in ITGCs
Setting Up Effective KPIs and KRIs
Real-world Examples and Case Studies
Benefits of Implementing KPIs and KRIs
Ensuring Compliance and Security
Best Practices for Managing ITGCs
Unlock the potential of IT General Controls with actionable insights into KPIs and KRIs that will help you enhance your organization's IT governance, risk management, and compliance strategies. Don't miss this opportunity to bolster your IT control framework and stay ahead in the ever-evolving landscape of technology.
More from Bim Akinfenwa (20)
Operational Technology (OT) Facility KPIs and KRIs
Operational Technology (OT) Facility KPIs and KRIs
IT General Controls Key Performance Indicator & Key Risk Indicator
IT General Controls Key Performance Indicator & Key Risk Indicator
Recently uploaded
Full-RAG: A modern architecture for hyper-personalization
Mike Del Balso, CEO & Co-Founder at Tecton, presents "Full RAG," a novel approach to AI recommendation systems, aiming to push beyond the limitations of traditional models through a deep integration of contextual insights and real-time data, leveraging the Retrieval-Augmented Generation architecture. This talk will outline Full RAG's potential to significantly enhance personalization, address engineering challenges such as data management and model training, and introduce data enrichment with reranking as a key solution. Attendees will gain crucial insights into the importance of hyperpersonalization in AI, the capabilities of Full RAG for advanced personalization, and strategies for managing complex data integrations for deploying cutting-edge AI solutions.
Programming Foundation Models with DSPy - Meetup Slides
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
How to Get CNIC Information System with Paksim Ga.pptx
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
Uni Systems Copilot event_05062024_C.Vlachos.pdf
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Presentation of the OECD Artificial Intelligence Review of Germany
Consult the full report at https://www.oecd.org/digital/oecd-artificial-intelligence-review-of-germany-609808d6-en.htm
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
Things to Consider When Choosing a Website Developer for your Website | FODUU
Choosing the right website developer is crucial for your business. This article covers essential factors to consider, including experience, portfolio, technical skills, communication, pricing, reputation & reviews, cost and budget considerations and post-launch support. Make an informed decision to ensure your website meets your business goals.
National Security Agency - NSA mobile device best practices
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
Building Production Ready Search Pipelines with Spark and Milvus
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
Mind map of terminologies used in context of Generative AI
Mind map of common terms used in context of Generative AI.
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
Video Streaming: Then, Now, and in the Future
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack
Discover the seamless integration of RPA (Robotic Process Automation), COMPOSER, and APM with AWS IDP enhanced with Slack notifications. Explore how these technologies converge to streamline workflows, optimize performance, and ensure secure access, all while leveraging the power of AWS IDP and real-time communication via Slack notifications.
Infrastructure Challenges in Scaling RAG with Custom AI models
Building Retrieval-Augmented Generation (RAG) systems with open-source and custom AI models is a complex task. This talk explores the challenges in productionizing RAG systems, including retrieval performance, response synthesis, and evaluation. We’ll discuss how to leverage open-source models like text embeddings, language models, and custom fine-tuned models to enhance RAG performance. Additionally, we’ll cover how BentoML can help orchestrate and scale these AI components efficiently, ensuring seamless deployment and management of RAG systems in the cloud.
TrustArc Webinar - 2024 Global Privacy Survey
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
Columbus Data & Analytics Wednesdays - June 2024
Columbus Data & Analytics Wednesdays, June 2024 with Maria Copot 20
“Building and Scaling AI Applications with the Nx AI Manager,” a Presentation...
“Building and Scaling AI Applications with the Nx AI Manager,” a Presentation...Edge AI and Vision Alliance
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/06/building-and-scaling-ai-applications-with-the-nx-ai-manager-a-presentation-from-network-optix/
Robin van Emden, Senior Director of Data Science at Network Optix, presents the “Building and Scaling AI Applications with the Nx AI Manager,” tutorial at the May 2024 Embedded Vision Summit.
In this presentation, van Emden covers the basics of scaling edge AI solutions using the Nx tool kit. He emphasizes the process of developing AI models and deploying them globally. He also showcases the conversion of AI models and the creation of effective edge AI pipelines, with a focus on pre-processing, model conversion, selecting the appropriate inference engine for the target hardware and post-processing.
van Emden shows how Nx can simplify the developer’s life and facilitate a rapid transition from concept to production-ready applications.He provides valuable insights into developing scalable and efficient edge AI solutions, with a strong focus on practical implementation.Removing Uninteresting Bytes in Software Fuzzing
Imagine a world where software fuzzing, the process of mutating bytes in test seeds to uncover hidden and erroneous program behaviors, becomes faster and more effective. A lot depends on the initial seeds, which can significantly dictate the trajectory of a fuzzing campaign, particularly in terms of how long it takes to uncover interesting behaviour in your code. We introduce DIAR, a technique designed to speedup fuzzing campaigns by pinpointing and eliminating those uninteresting bytes in the seeds. Picture this: instead of wasting valuable resources on meaningless mutations in large, bloated seeds, DIAR removes the unnecessary bytes, streamlining the entire process.
In this work, we equipped AFL, a popular fuzzer, with DIAR and examined two critical Linux libraries -- Libxml's xmllint, a tool for parsing xml documents, and Binutil's readelf, an essential debugging and security analysis command-line tool used to display detailed information about ELF (Executable and Linkable Format). Our preliminary results show that AFL+DIAR does not only discover new paths more quickly but also achieves higher coverage overall. This work thus showcases how starting with lean and optimized seeds can lead to faster, more comprehensive fuzzing campaigns -- and DIAR helps you find such seeds.
- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
Recently uploaded (20)
Full-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalization
Programming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup Slides
How to Get CNIC Information System with Paksim Ga.pptx
How to Get CNIC Information System with Paksim Ga.pptx
Presentation of the OECD Artificial Intelligence Review of Germany
Presentation of the OECD Artificial Intelligence Review of Germany
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Things to Consider When Choosing a Website Developer for your Website | FODUU
Things to Consider When Choosing a Website Developer for your Website | FODUU
National Security Agency - NSA mobile device best practices
National Security Agency - NSA mobile device best practices
Building Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and Milvus
Mind map of terminologies used in context of Generative AI
Mind map of terminologies used in context of Generative AI
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack
Infrastructure Challenges in Scaling RAG with Custom AI models
Infrastructure Challenges in Scaling RAG with Custom AI models
“Building and Scaling AI Applications with the Nx AI Manager,” a Presentation...
“Building and Scaling AI Applications with the Nx AI Manager,” a Presentation...
SOX Section 404 KPIs and KRIs
- 1. Internal Control Testing 1. Timely Completion of Testing 2. Control Testing Effectiveness 1. Delays in completing control testing 2. Control deficiencies or failures Remediation of Deficiencies 3. Timely Remediation of Control Issues 4. Repeat Control Failures 3. Delays in addressing control issues 4. Reoccurrence of control deficiencies Financial Reporting Accuracy 5. Accuracy of Financial Reports 6. Material Weaknesses Identification 5. Inaccurate financial statements 6. Identification of material weaknesses Documentation Compliance 7. Documentation Completeness 8. Evidence Retention 7. Incomplete or missing documentation 8. Loss or tampering of evidence Audit Trail Accuracy 9. Audit Trail Completeness 10. Audit Trail Monitoring 9. Incomplete or missing audit trails 10. Ineffective monitoring of audit trails Employee Training 11. SOX Training Participation 12. Policy Acknowledgment 11. Lack of awareness in SOX policies 12. Policy non-compliance by employees Category KPIs KRIs SOX Section 404 KPIs and KRIs Assess the effectiveness and risks in complying with Sarbanes-Oxley Act (SOX) Section 404 to ensure accurate financial reporting.