Sarbanes-Oxley Corporate Governance and Internal Audit
In the wake of Enron and WorldCom the role of internal auditors in corporate governance has taken on a whole new meaning. The passage of the Sarbanes-Oxley Act and actions by the U. S. Securities and Exchange Commission imposed new requirements on auditors, corporate boards and management. This section of AuditNet® provides tools and resources for internal auditors to acquaint themselves with the new rules and share guidance and best practices for partnering with audit committees. Internal auditors now have a unique opportunity to work together with audit committees to help in the corporate governance mandate. If you have resources or links you would added to this page please contact us.
Laws and Regulations
For current US audit committee rules and the SEC (US Securities and Exchange Commission) visit:
Certification of Disclosure in Companies' Quarterly and Annual Reports
NASDAQ
Corporate Governance Rules
Internal Control Evaluation Presentations and Guides
Evaluating Internal Controls at the Entity Level
Preparing for Internal Control Reporting
Internal Controls Guide for Management's Assessment
Articles
Internal controls and the Sarbanes-Oxley Act by Matthew Leitch
Integrating Sarbanes-Oxley Act Internal Controls Auditing into an ISO9001:2000 Quality Management System by Dexter Hansen
Sarbanes
Oxley Assessment Tool 
Sarbanes-Oxley Act/PCAOB Implementation Central - from the AICPA
Tools for Auditors
Expenditure Cycle Risks and Controls Matrix (Manufacturing concern/SAP environment/SOX) (April 04) (Contribution Required)
Sarbanes-Oxley 404 Management Assessment of Internal Controls (Feb 04) (Contribution Required)
User Access Controls Work Program (SOX) (May 04)
Web Sites Resources
Public Company Accounting Oversight Board provides a central resource to access CPA registration filings and research standards and regulations mandated by Sarbanes-Oxley
Audit Committee Tools and Resources
Audit Committee
Effectiveness: Partnering for Success
- presentation by Mike Fabrizius at the IIA Northern Virginia Chapter
meeting September 12, 2002
Audit Committees and Governance from the IIA
Audit Committee Effectiveness - Self Assessment Tool
Audit Committee
Performance Self Assessment Survey
Audit Committee Evaluation of Internal Audit is a questionnaire for audit committee members.
Audit Committee Resource Guide from Deloitte & Touche includes a checklist for Sarbanes-Oxley compliance.
Corporate Governance Reform Initiatives and the Profession of Internal Auditing
Corporate Governance The New Frontier -- How Boards of Directors Can Best Meet Their Responsibilities from PricewaterhouseCoopers
Improving the Effectiveness of Corporate Audit Committees from NASDAQ
Internal Control A Tool for the Audit Committee
Evaluating the Internal Audit Team
Sarbanes-Oxley Act/PCAOB Implementation Central
Sarbanes-Oxley, corporate governance, and audit committee resources - from KnowledgeLeader
New responsibilities and requirements for audit committees is an Andersen white paper.