SOX (Sarbanes–Oxley Act of 2002)
Legacy spreadsheets, static control libraries, and manual evidence collection make SOX compliance costly, resource-intensive, and prone to errors. Trustero’s AI for GRC platform transforms that process by delivering:
- Automated control mapping across ITGCs, business process controls, and entity-level controls
- Real-time gap detection and weak evidence flagging before audit season
- Continuous control monitoring to ensure readiness year-round
- Pre-built, audit-ready content bundles aligned with PCAOB, COSO, and SEC expectations
No guesswork. No scramble at quarter-end. Just high-assurance SOX compliance, powered by AI.
What Is SOX Compliance?
The Sarbanes–Oxley Act (SOX) is a U.S. federal law designed to protect investors by ensuring the accuracy and reliability of corporate disclosures. It mandates internal control over financial reporting (ICFR) for publicly traded companies and requires independent attestation.
Core Elements of SOX Compliance:
- Entity-Level Controls (ELCs): Oversight, governance, and risk management practices
- IT General Controls (ITGCs): Access, change management, operations, and security
- Business Process Controls (BPCs): Transaction-level checks that ensure financial accuracy
Who Needs SOX Compliance?
- Public Companies (U.S.-listed)
Meet SEC and PCAOB requirements for ICFR and avoid costly deficiencies or restatements. - Foreign Private Issuers (FPIs)
Listed on U.S. exchanges? SOX applies. Build scalable compliance aligned with global reporting. - Pre-IPO Companies
Prepare for SOX well ahead of your listing to reduce audit risk and build investor confidence. - Audit & Compliance Teams
Streamline evidence collection, testing, and reporting with AI-driven efficiency.
Benefits of SOX Compliance
- Financial Accuracy: Ensures reliable financial reporting and reduces risk of misstatements.
- Fraud Prevention: Establishes internal checks that deter misconduct and safeguard assets.
- Investor Confidence: Builds trust with shareholders and the market through transparency.
- Operational Discipline: Strengthens governance, risk management, and accountability practices.
- Regulatory Assurance: Demonstrates adherence to SEC and PCAOB requirements, avoiding penalties.
- Long-Term Value: Creates a culture of integrity that supports sustainable growth and reputation.
Purpose
SOX compliance ensures corporate accountability, investor confidence, and market integrity by enforcing reliable financial reporting. It protects stakeholders by preventing fraud, validating internal controls, and requiring transparent governance practices.
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