SOX and ICFR governance workspace | Compliancify

SEC rules and company-specific filing obligations

PCAOB standards apply to registered public-company audits

Management and external-auditor conclusions remain separate

Issuer status, reporting obligations, scope, materiality, control evaluation, deficiency severity, certification, and disclosure require company-specific legal, accounting, and audit assessment.

Official starting point: https://www.sec.gov/rules-regulations/2003/06/managements-report-internal-control-over-financial-reporting-certification-disclosure-exchange-act

Scope & materiality — Maintain entity, account, disclosure, location, system, service organization, process, and materiality scope decisions.

Entity-level controls — Document oversight, ethics, risk assessment, competence, authority, communication, monitoring, and remediation governance.

Process and IT-dependent controls — Relate financial assertions and risks to process, system, interface, report, automated, manual, and review controls.

Testing & evidence — Define population, period, frequency, sample or automated approach, evidence expectation, reviewer challenge, and deviation handling.

Deficiency evaluation — Aggregate deficiencies, assess likelihood and magnitude, consider compensating controls, route governance, and preserve conclusions.

Certification & disclosure — Coordinate sub-certifications, disclosure-control inputs, management evaluation, legal review, and filing governance.

Scope & materiality: Scoping model, quantitative and qualitative factors, entity map, system map, changes, and approvals. Owner: Controllership owner. Reviewer: ICFR governance reviewer. State: Interpretation pending.

Entity-level controls: Charters, policies, attestations, minutes, risk assessments, monitoring, issues, and action follow-up. Owner: Corporate controls owner. Reviewer: Audit committee liaison. State: Mapped.

Process and IT-dependent controls: Narratives, flows, risk-control matrix, configurations, reports, calculations, approvals, and change records. Owner: Process owner. Reviewer: ICFR reviewer. State: Evidence requested.

Testing & evidence: Population, selection, workpaper, evidence, deviation, review comments, conclusion, and sign-off. Owner: Testing owner. Reviewer: Testing reviewer. State: Reviewer decision.

Deficiency evaluation: Issue facts, affected assertions, evaluation, aggregation, compensating evidence, decisions, and communications. Owner: Deficiency owner. Reviewer: Disclosure committee reviewer. State: Reassessment due.

Certification & disclosure: Sub-certifications, representation inputs, evaluation record, committee materials, approvals, and filed disclosure. Owner: Disclosure owner. Reviewer: Legal and finance reviewer. State: Reviewer decision.

COSO-based internal-control models

SOC 1 service-organization assurance

SEC cybersecurity disclosure governance