SOX.2.7.11:: Difference between revisions
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'''Testing Procedures''' | '''Testing Procedures''' | ||
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1. Obtain the procedures dealing with distribution and retention of data. | |||
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2. Confirm that the procedures define the retention periods and storage terms for documents, data, programs, reports and messages (incoming and outgoing), as well as the data (keys, certificates) used for their encryption and authentication. | |||
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3. Confirm that the retention periods are in conformity with the Sarbanes-Oxley Act. | |||
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4. Confirm that the retention periods of previously archived material are in conformity with the Sarbanes-Oxley Act. | |||
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5. Select a sample of archived material and test evidence that archived material is being archived in conformance with the requirements of the Sarbanes-Oxley Act. | |||
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'''Testing Frequency''' | '''Testing Frequency''' | ||
Revision as of 19:48, 25 June 2006
- 3. Risk: Lost data could significantly impact financial reporting.
- a. SOX.2.7.11 Retention periods and storage terms are defined for documents, data, programs, reports and messages (incoming and outgoing), as well as the data (keys, certificates) used for their encryption and authentication.
Testing Procedures
1. Obtain the procedures dealing with distribution and retention of data.
2. Confirm that the procedures define the retention periods and storage terms for documents, data, programs, reports and messages (incoming and outgoing), as well as the data (keys, certificates) used for their encryption and authentication.
3. Confirm that the retention periods are in conformity with the Sarbanes-Oxley Act.
4. Confirm that the retention periods of previously archived material are in conformity with the Sarbanes-Oxley Act.
5. Select a sample of archived material and test evidence that archived material is being archived in conformance with the requirements of the Sarbanes-Oxley Act.
Testing Frequency
Annually
Evidence Archive Location
Insert hyperlink or location of evidence archive.
Control Stewards Process Narrative
Provide control steward commentary indicating the formal methodology in place.
Control Steward – Jane Manager
Process Illustration
Replace this test by inserting a process diagram, flowchart or other visual representation to illustrate the process narrative as necessary. Include a brief description of the process illustration.
Control Status and Auditors Commentary
The control is effective.
File:Greenlock.jpg
Status is acceptable.
Control Exception Commentary
Status is acceptable.
Remediation Plan
Remediation is not required at this time.