What is Sarbanes Oxley?
Sarbanes Oxley (SOX) which was enacted on the 29th day of July, 2002 and is also popular for its other names Corporate and Auditing Accountability and Responsibility Act and Public Company Accounting Reform and Investor Protection Act refers to a federal law in the US which sets newer and more enhanced laws and standards designed for public company boards, public accounting companies and management in the US. It sets newer standards that are primarily designed for corporate accountability and newer penalties for any committed acts of wrongdoing. The Act also modifies the procedures used by corporate executives and boards when it comes to interacting with one another and with any other corporate directors. It is capable of removing the unawareness of financial issues usually used by CFOs and CEOs as their defense while also holding them accountable in making sure that all financial statements that they develop are highly accurate. SOX also works in specifying newer responsibilities in the field of financial reporting such as strict adherence to the most recent internal procedures and controls that are primarily designed to help authenticate and validate financial records.
The major objective of Sarbanes Oxley is to significantly improve corporate governance while also strengthening corporate accountability. This can be successfully accomplished by first strengthening and formalizing internal balances and checks within different business organizations, instituting different and more effective levels of sign-off and control designed to make sure that financial reporting and transactions are fully disclosed and offering solutions that promote full transparency for corporate governance and transactions.
Brainmeasures Sarbanes Oxley Certification Program
Gaining a stronger background about the Sarbanes Oxley Act is now possible by taking part in the Sarbanes Oxley certification program which is available at Brainmeasures. Brainmeasures has already received excellent reputation in the field of providing online certification courses to the public so you have a guarantee that its Sarbanes Oxley course is also one of its many highly commendable courses. This certification course gives you the opportunity to access a kind of Sarbanes Oxley training which helps you understand all the concepts related to the act as well as all the standards that form part of it. It improves your awareness on the different strategies that you can use when it comes to taking full advantage of SOX especially in improving the corporate accountability of your business. As soon as you receive your Sarbanes Oxley certificate from Brainmeasures, you can start showing the whole industry that you are a certified professional in this field and you know exactly what the SOX Act is all about.
Highlights of the Sarbanes Oxley Certification Program from Brainmeasures
The Sarbanes Oxley certification program which you can now access at Brainmeasures will never fail to make you understand every relevant concept and standard associated to the Act. With the help of the Brainmeasures Sarbanes Oxley certification course, you will obtain a stronger background about the following:
- Obtaining a more comprehensive background about the scene before and after the implementation of Sarbanes Oxley (SOX)
- Applying SOX in your business organization
- Regulations associated to Sarbanes Oxley and securities
- Producing factual and highly accurate financial statements by adhering to the standards set by SOX
- New standards used in the field of auditing
- Familiarizing yourself about the board which works in auditing auditors
- Newer management standards set by SOX
- Eliminating confusion when it comes to adhering to the different
- SOX standards
- Performing accurate audit through SOX
- Surveying and effectively analyzing the SOX software
- Lawsuits that are usually related to SOX
- Scope covered by Sarbanes Oxley Act
- Ways to prevent yourself from being criminally prosecuted or sued under SOX
- Effective tips that will allow you to build a more knowledgeable audit community
- Questions that you should never ask an auditor after the implementation of SOX
- Best sources of information about the Sarbanes Oxley Act
Beneficiaries of the Sarbanes Oxley Certification Program
Enrolling in the Sarbanes Oxley certification program offered by Brainmeasures is capable of offering numerous advantages to hundreds of professionals and individuals regardless of the specific industry where they are in. The certification program is more suitable for professionals who are more concerned about compliance matters relevant to the Sarbanes Oxley Act including directors, managers and various departments of an organization including financial reporting, internal audit, auditing, accounting, risk management, corporate governance, corporate compliance and legal affairs.
Job Opportunities after Completing a Sarbanes Oxley Certification Course
Because of the importance of adhering to all the standards set by the Sarbanes Oxley Act, it is no longer surprising if you will be able to receive more job offers after you successfully receive your Sarbanes Oxley certification. As a Sarbanes Oxley certification holder, expect the following positions to be opened up for you:
- SOX and Internal Controls and Compliance Analyst
- Internal Audit Associate
- Internal SOX Consultant
- SOX Auditor
- Treasury Risk Manager
- Financial Analyst
Expected Salary for Sarbanes Oxley Certification Holders
The Sarbanes Oxley certification that you will receive from Brainmeasures after taking up the program is also a huge help when it comes to significantly increasing the level of your salary. You can expect your Sarbanes Oxley certification to be useful in getting the position of a SOX auditor which allows you to earn around $63,000 to $88,000 annually. You may also work as a SOX consultant which gives you the opportunity to receive around $79,000 to $95,000 annually. If you work as a SOX analyst, then expect this position to offer you around $72,000 to $103,000 per year.