We discuss the following questions:
0:37 - Why is now a good time to rethink your SOX program?
1:13 - As controllers are taking greater ownership of full programs within an organization how does that align with the organization’s objectives?
2:38 - How do transformations throughout the organization impact controls and SOX?
3:52 - What does a SOX transformation look like?
5:06 - What are the expected benefits of a SOX transformation?
7:10 - What are key things organizations should do when planning to rethink their SOX program?
Mike Maali leads PwC’s Internal Audit, Compliance & Risk Management Solutions Practice. For nearly 30 years, Mike has delivered a range of risk management, external audit and internal audit services to leading global and national organizations. His expertise includes implementing and optimizing enterprise-wide risk management programs and systems, and performing risk assessments, translating the results into efficient, risk-based plans for internal audit, risk and compliance functions. He has advised clients on how to stand up their internal audit, risk management and compliance functions, and how to transform existing functions to be strategically aligned with the business and other risk prevention lines of defense. He also offers best practices to embed data analytics and advanced technology into all components of risk management and control, and leverages PwC’s deep industry and technical capabilities for enhanced insights in the planning, execution and reporting of internal audit projects, risk management programs and compliance testing solutions.
Michelle Hubble is the Leader of PwC's Internal Audit Center of Excellence. She has built her career on the foundation of aligning diverse teams and solving complex business issues as the foundation. Michelle enables clients to improve business processes and related controls through consultative and assurance services. She helps them meet business objectives and mitigate critical risks.
Michelle’s teams deliver projects ranging from evaluating the design and operating effectiveness of controls; creating and/or improving the processes for compliance with policies and government regulations (including SOX); designing and implementing controls during business process transformations and system implementations (with a focus on SAP and Oracle); co-sourcing Internal Audit functions to enhance value delivered; and assisting Internal Audit functions improve alignment with organizational strategic objectives.
Jaime Phillips is a Principal in PwC's Risk Assurance Practice with more than 17 years of experience serving Risk Management, Compliance and Internal Audit clients. Her experience includes risk management and internal audit advisory, outsourcing and co-sourcing, as well as external audit support and SOX engagements. Jaime also has extensive experience in planning, executing, and managing all aspects of compliance projects, testing function implementation, internal controls assessment projects, technology, technology governance and strategy, business process audit, and system implementation work. Jaime helps lead our national SOX Center of Excellence, where she is focused externally on helping clients and engagement teams digitize SOX compliance and internally on driving the firm’s Digital SOX strategy.