SOX Compliance
Sarbanes-Oxley Act
TRIAS enables public companies to achieve comprehensive SOX compliance with robust controls for financial data protection. Ensure data integrity, maintain detailed audit trails, protect electronic records, and meet Section 302, 404, and 802 requirements—avoiding penalties up to $5M and 20 years imprisonment.
Plus criminal charges
Automated compliance
Immutable logs
Complete documentation
SOX Requirements
Key obligations for public companies
Section 302 - Corporate Responsibility
CEOs and CFOs certify accuracy of financial reports. Personal accountability for financial disclosure controls.
Section 404 - Internal Controls
Document and test internal controls over financial reporting. Annual assessment of effectiveness by management and auditors.
Section 409 - Real-Time Disclosure
Rapid disclosure of material changes in financial condition. Real-time reporting of significant events.
Section 802 - Criminal Penalties
Penalties for altering, destroying, or falsifying records. Requirements for record retention and audit trail integrity.
Section 906 - Executive Certification
Criminal penalties for certifying misleading financial statements. Up to $5M fine and 20 years imprisonment.
IT General Controls (ITGC)
Access controls, change management, backup/recovery, security policies for systems processing financial data.
TRIAS for SOX Compliance
Complete controls for financial data protection
Financial Data Discovery
Automatically discover and classify financial records, accounting data, SEC filings. Maintain inventory of systems processing financial information.
Access Controls & Segregation of Duties
Enforce least-privilege access to financial data. Prevent conflicts of interest. Monitor privileged user activities.
Immutable Audit Trails
Tamper-proof audit logs for all financial data access and modifications. Who, what, when, where—complete forensic evidence.
Data Integrity & Retention
Ensure financial data cannot be altered or destroyed. Automated 7-year retention. Version control and change tracking.
SOX Sections & IT Controls
How TRIAS addresses each requirement
Disclosure Controls
Comprehensive audit trails for financial data access. Executive dashboards showing control effectiveness.
Internal Controls Assessment
Document access controls, change management, data integrity mechanisms. Automated testing and reporting.
Real-Time Monitoring
Instant alerts for unauthorized financial data access. Real-time dashboard of security events.
Record Retention
Automated 7-year retention of financial records and audit logs. Tamper-proof storage and versioning.
Access Controls
Role-based access, MFA, least privilege. Prevent unauthorized access to financial systems and data.
Change Management
Track all changes to financial data. Approval workflows, change logs, rollback capabilities.
Backup & Recovery
Automated backup of financial data. Disaster recovery procedures, tested restoration capabilities.
Security Management
Encryption, network security, intrusion detection. Protect financial data from unauthorized access.
Protected Financial Data
Categories of data under SOX requirements
Financial Statements
Balance sheets, income statements, cash flow statements, annual reports, quarterly filings, 10-K, 10-Q.
Accounting Records
General ledger, journal entries, trial balances, subsidiary ledgers, reconciliations, account analyses.
Transaction Data
Sales invoices, purchase orders, receipts, payments, wire transfers, credit card transactions.
Internal Controls Documentation
Control matrices, risk assessments, testing results, remediation plans, audit workpapers.
SEC Filings & Disclosures
8-K reports, proxy statements, registration statements, material event disclosures, earnings releases.
Audit Evidence
Audit logs, access records, change logs, approval documentation, control testing evidence.
IT General Controls (ITGC)
Foundation for SOX compliance
User Access Management
Provisioning, de-provisioning, access reviews. Ensure only authorized users access financial systems.
Segregation of Duties
Prevent conflicts of interest. No single person controls entire transaction lifecycle. Enforce separation.
Change Control
Formal approval for system changes. Development/test/production separation. Emergency change procedures.
Computer Operations
Job scheduling, monitoring, incident management. Automated processes with audit trails.
SOX Audit Requirements
Evidence for internal and external auditors
Control Documentation
Document design and implementation of controls. Narrative descriptions, flowcharts, control matrices.
Control Testing
Test operating effectiveness of controls. Sample testing, walkthrough procedures, automated testing.
Deficiency Remediation
Identify control deficiencies, assess severity. Remediation plans, tracking, re-testing verification.
Management Assertions
Management report on internal controls. CEO/CFO certifications. Auditor attestation.
SOX Penalties & Enforcement
Consequences of non-compliance
Section 302 Violations
False certification of financial reports. Criminal charges against CEOs and CFOs.
Section 802 Violations
Destruction, alteration, or falsification of records. Document retention violations.
Section 906 Violations
Willful certification of false financial statements. Knowing violations by executives.
Civil & SEC Enforcement
SEC enforcement actions, shareholder lawsuits, stock exchange delisting, officer/director bans.
SOX Compliance Use Cases
Public Companies
Full SOX compliance for NYSE, NASDAQ listed companies. Protect financial data, maintain audit trails, pass external audits.
Pre-IPO Companies
Prepare for SOX requirements before going public. Establish controls, documentation, and audit trails early.
Shared Service Centers
Protect financial data in centralized accounting operations. Control access across multiple business units.
Finance & Accounting Teams
Ensure integrity of financial close process. Prevent unauthorized journal entries, account modifications.
Achieve SOX Compliance
Protect financial data integrity and pass audits with comprehensive controls