On Demand Webinar

SOX Compliance in Payroll and HR Operations

Webinar Details $219

  • Rated:
  • Webinar Length: 100 Minutes
  • Guest Speaker:   Christine Stolpe
  • Topic:   Human Resources, Taxation and Accounting, Payroll
  • Credit:   HRCI 1.5, SHRM 1.5, ATAHR 1.5, ATAPR 1.5, RCH 1.5
All Access Membership

Join us for an insightful 100-minute session on "SOX Compliance in Payroll and HR Operations," designed exclusively for Payroll and HR professionals. Gain a comprehensive understanding of the intricacies of the Sarbanes-Oxley Act (SOX) and its critical implications for your daily operations. Discover key strategies and best practices to ensure seamless compliance with SOX regulations in both payroll and HR functions. Engage with industry experts as they share real-world case studies, practical insights, and actionable steps to safeguard your organization from potential SOX violations. Don't miss this opportunity to fortify your knowledge and equip yourself with the necessary tools to navigate the complex landscape of SOX compliance effectively. Secure your spot now to stay ahead of the compliance curve and elevate your role in ensuring organizational integrity.

Learning objectives:

  • Uncover the latest insights on how the Sarbanes-Oxley Act (SOX) impacts our day-to-day payroll and HR operations in today's evolving regulatory landscape.
  • Identify the current compliance challenges and potential ramifications that arise from non-adherence to the latest SOX regulations within the dynamic realm of payroll and HR.
  • Implement cutting-edge strategies and contemporary best practices tailored to ensure seamless integration of SOX requirements into our modern payroll processing and HR procedures.
  • Analyze recent case studies and contemporary examples highlighting the intersection of modern-day business practices with SOX compliance issues in both payroll and HR operations.
  • Develop innovative and adaptive approaches to embed effective SOX compliance measures within the rapidly evolving frameworks of our payroll and HR departments, aligning with the latest industry trends and technological advancements.
  • Empower payroll and HR professionals with the most up-to-date tools and knowledge necessary to actively safeguard organizational integrity and proactively mitigate risks within the contemporary context of SOX compliance.
  • Foster an engaging and dynamic discussion, exploring current trends and addressing specific contemporary queries and challenges pertaining to the intersection of SOX compliance and the rapidly transforming payroll and HR sectors.
  1. Introduction 00:
  2. Agenda 00:01:30
  3. What and Who of the Sarbanes Oxley Act? 00:05:00
  4. SOX Section 404 Review  - Requirements 00:07:51
  5. SOX Section 404 Review - Management Assessment 00:13:12
  6. SOX Section 404 Review - Disclosure Requirements 00:16:43
  7. How Does SOX Affect Payroll? 00:18:01
  8. Payroll Controls and Best Practices - Audits  00:20:30
  9. Value Of A Process Map 00:26:13
  10. Workflow Mapping 00:30:02
  11. Process Mapping 00:31:34
  12. Type’s Of Process Documentation - Process Map Shapes 00:32:35
  13. What Is Input and Outputs On A Process Map? 00:34:19
  14. Input Classifications 00:35:44
  15. Tips For A Good Process Map 00:37:06
  16. Type’s of Process Documentation - Wall Process Map 00:39:46
  17. Type’s of Process Documentation - Top Level 00:42:49
  18. Type’s of Process Documentation - Functional Map 00:43:15
  19. Process Documentation 00:43:47
  20. Process Documentation Cont’d 00:46:55
  21. Process Documentation Cont’d 00:48:14
  22. Process Documentation Cont’d 00:49:17
  23. Process Documentation Cont’d 00:49:58
  24. Business Continuity Plan 00:51:40
  25. Business Continuity Plan Cont’d 00:52:25
  26. Business Continuity Plan Maintenance 00:52:50
  27. Testing Controls  - Living Document 00:53:18
  28. Testing Controls - Test it! 00:53:40
  29. Vendor Controls 00:54:17
  30. Questions? 00:54:40
  31. Presentation Closing 00:59:49
  • Audit 00:03:04, 00:20:44
  • Business Continuity Plan 00:24:24, 00:51:44
  • GAAP 00:15:28
  • Process Documentation 00:03:20, 00:32:42
  • Process Mapping 00:03:23, 00:26:13
  • SOX -Sarbanes Oxley Act 00:01:37, 00:05:06, 00:06:26, 00:19:45, 00:25:44
  • SOX Section 404 00:02:00, 00:08:05
  • Vendor 00:04:21
  • Workflow Mapping 00:30:09

Audit: A formal examination of an organization's or individual's accounts or financial situation

Business Continuity Plan: A “business continuity plan” (BCP) is a process that outlines the potential impact of disaster situations, creates policies to respond to them and helps businesses recover quickly so they can function as usual. A BCP is generally created in advance of a disaster and involves the company's key stakeholders.

Generally Accepted Accounting Principles (GAAP): A set of rules and guidelines developed by the accounting industry for companies to follow when reporting financial data. Following these rules is especially critical for all publicly traded companies.

Process Documentation: A process document outlines the steps necessary to complete a task or process. It is an internal, ongoing documentation of the process while it is occurring—documentation cares more about the “how” of implementation than the “what” of process impact.

Process Mapping: Process mapping is the graphical representation with illustrative descriptions. Process maps provide insight into a process, help teams brainstorm ideas for process improvement, increase communication and provide process documentation. Process mapping will identify bottlenecks, repetition, and delays. Business process mapping refers to activities involved in defining what a business entity does, who is responsible, to what standard a business process should be completed, and how the success of a business process can be determined.

SOX -Sarbanes Oxley Act: The Sarbanes-Oxley Act of 2002 is a federal law that established sweeping auditing and financial regulations for public companies. Lawmakers created the legislation to help protect shareholders, employees, and the public from accounting errors and fraudulent financial practices.

SOX Section 404: SOX Section 404 (Sarbanes-Oxley Act Section 404) mandates that all publicly traded companies must establish internal controls and procedures for financial reporting and must document, test, and maintain those controls and procedures to ensure their effectiveness.

Vendor: A vendor is a person or business that supplies goods or services to a company. Another term for the vendor is the supplier. In many situations, a company presents the vendor with a purchase order stating the goods or services needed, the price, delivery date, and other terms.

Workflow Mapping: Workflow maps are a visual representation of the actions, decisions, or tasks performed to achieve a certain result. Workflow maps give practices an easy and quick way to visualize common processes from beginning to end. The required steps can be mapped to create a standard workflow or to find and remove wasted effort.

Guest Speaker

  • Christine Stolpe

HRCI Credit

Human Resource Certification Institute
This program has been approved for credit hours through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.

SHRM Credit

Society for Human Resource Management
Aurora Training Advantage is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

ATAHR Credit

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in human resources.

ATAPR Credit

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in payroll.

RCH Credit

American Payroll Association

Aurora Training Advantage is an approved provider through the American Payroll Association. To receive credit through the American Payroll Association for this program you MUST attend the program in its entirety.