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SOX-COMPLIANCE5 MIN READ

Walk the SOX Impact of a New Revenue System

Apply SOX change-impact judgment to a new revenue system implementation.

System change A new usage-billing platform goes live before year-end and will feed Q4 revenue. If the SOX plan waits, key implementation evidence may disappear before audit testing. The principle Map financial assertions before testing controls Do not start with a generic change-management checklist. Start with what financial statement assertion the new system can affect. Project approved Useful, but too broad for ICFR. A transition control plan. System changes need SOX evidence at the moment they change financial reporting. 01 Impact 02 Bridge 03 Now you try Step 1 Finance says the new platform affects Q4 revenue. What do you…

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