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Sarbanes-Oxley Self Assessment
1.
Have you performed an assessment of your financial and information systems to measure your compliance with Sarbanes Oxley?
Yes, <1yr
Yes, 1yr+
No
2.
Have you adopted a formal implementation plan (including a timetable) to address the requirements of Sections 302 and 404 of Sarbanes Oxley?
Yes
Somewhat
No
3.
Have you implemented the required financial statement controls including authorization of transactions, safeguarding assets, maintaining records and the reconciliation process?
Yes
Somewhat
No
4.
Are you confident there are no "material weaknesses" in your company's financial reporting controls that might prevent your outside auditor from attesting in the annual report that management's controls are effective and accurate?
Yes
Somewhat
No
5.
Do your financial reporting systems trace back to the general ledgers?
Yes
Somewhat
No
6.
Are you confident that changes made to your financial systems have been properly tested and authorized?
Yes
Somewhat
No
7.
Have you implemented Security monitoring in your financial systems that ensures identified or suspected incidents are reported in a timely way?
Yes
Somewhat
No
8.
Does your financial systems development/ maintenance methodology include a security analysis that considers Sarbanes Oxley requirements?
Yes
Somewhat
No
9.
Are manual financial entries identified, tracked through a formal process, and approved by appropriate management personnel?
Yes
Somewhat
No
10.
Have you established an enterprise-wide control and risk management program in which controls and procedures are documented and continually reevaluated in response to major process or organizational changes?
Yes
Somewhat
No
11.
Is it relatively easy for personnel to circumvent financial controls?
Yes
Somewhat
No
Before taking our Self Assessment, please provide your contact information
in the fields below.
Name:
*
Company:
*
E-mail:
*
Phone:
*
*
All fields are required
Engaging Your Vendors
Integrating the BITS Shared Assessments Program Elements Into Your Vendor Management Program
A Case Study and Lessons Learned
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For more information contact
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C&H Institutional Competencies
Please review our Institutional Competencies that document our commitment to providing quality risk mitigation solutions.
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