SOX.2.7.9:

4. Risk: Loss of data could significantly impact financial reporting. .

a. SOX.2.7.9 Policies and procedures exist for the distribution and retention of data and reporting output.

Testing Procedures

1. Review the policies and procedures for the distribution and retention of data and reporting output. Determine whether the policies and procedures are adequate for the protection of data and the timely distribution of the correct financial reports (including electronic reports) to appropriate personnel.

2. Obtain and test evidence that the controls over the protection of data and the timely distribution of financial reports (including electronic reports) to appropriate personnel are operating effectively.

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.