Increase Your External Auditor Reliance Levels with this Free Guide

In this whitepaper you'll learn:

• Factors that affect external auditor reliance
• Benefits of increasing external auditor reliance
• How to increase external auditor reliance on internal audit

Regularly Monitor the Controls Environment

Implement Industry-Leading Processes

Utilize New Technology to Manage SOX Compliance

Regular monitoring could include management supervisory activities and separate evaluations. Internal control deficiencies have to be brought to the notice of Senior Management as soon as possible, and necessary remediation plans have to be determined.

SOX Compliance imposes a significant cost on companies. Technology can play a key part in reducing this cost by reducing the amount of administrative work while streamlining other parts of the Internal Audit function.

Using automated controls in the internal audit  process can directly impact the SOX compliance costs by cutting down the number of manual touch points (thus reducing the risk of manual control errors) and labor-intensive detective controls.

Learn to streamline your SOX Compliance Program

Section IV: Company's Action Plan to Increase External Auditor's Reliance on Internal Audit