SOX IT Compliance For Public Companies
The Sarbanes-Oxley Act requires IT General Controls that support financial reporting integrity. We implement, document, and test the IT controls your auditors require for Section 302 and Section 404 assessments.
SOX IT Control Areas
Four IT General Control domains that external auditors evaluate during Section 404 assessments.
IT General Controls
- Access management: user provisioning, reviews, and termination
- Change management: approval, testing, and deployment controls
- Computer operations: job scheduling, backups, and monitoring
- Program development: SDLC controls and testing standards
Compliance Process
- Section 302: CEO/CFO certification of internal controls
- Section 404: Annual assessment of ICFR effectiveness
- Continuous control operation and evidence collection
- Deficiency remediation before audit season
SOX IT Compliance Services
ITGC Design and Implementation
Design IT General Controls that satisfy PCAOB standards with the documentation and testing evidence auditors require.
Control Testing
Execute design effectiveness and operating effectiveness testing across all in-scope IT controls throughout the year.
Deficiency Remediation
Remediate IT deficiencies, significant deficiencies, and material weaknesses identified by your external auditor.
Pre-IPO Readiness
Build the ITGC framework, documentation, and testing programs pre-IPO companies need before their first year as a public company.
Continuous Monitoring
Year-round evidence collection and control monitoring so your IT controls are documented and operating throughout the audit period.
External Auditor Liaison
Coordinate with your external auditor on IT control scope, testing approach, and evidence requirements to prevent surprises.
Built For
Frequently Asked Questions
What IT systems are in scope for SOX?
Any IT system that processes, stores, or transmits data used in financial reporting. This includes ERP systems, databases, cloud platforms, email, and any application that feeds financial statements.
What is the difference between a deficiency and a material weakness?
A deficiency is a control gap. A significant deficiency is a gap that could result in a misstatement. A material weakness is a gap where there is a reasonable possibility that a material misstatement would not be prevented or detected.
How does SOX relate to cybersecurity?
SOX IT controls (access management, change management, operations, development) are core cybersecurity controls. Strong cybersecurity practices directly support SOX compliance.
When should pre-IPO companies start SOX preparation?
At least 12 to 18 months before the planned IPO. IT controls must be operating for a sufficient period before your first Section 404 assessment as a public company.
Related Services
Ready for Your Next SOX Audit?
Contact Petronella Technology Group for a free SOX IT controls assessment and remediation plan.