SOX Compliance & Internal Controls Testing
Automate SOX 302 and 404 testing with AI-powered journal entry testing, segregation of duties verification, and continuous controls monitoring. Move from sample-based to 100% transaction coverage.
The SOX Compliance Challenge
Internal audit teams spend 80% of their time on manual controls testing, leaving little room for strategic risk assessment and advisory work.
Traditional sample-based testing covers only 2-5% of transactions, creating significant audit risk and leaving control deficiencies undetected until it's too late.
The Risk: Manual testing is time-consuming, error-prone, and provides limited coverage. Control failures often go undetected until external audits or worse—regulatory findings.
Common Pain Points
- Manual journal entry testing takes weeks
- Sample-based testing misses critical exceptions
- Segregation of duties violations go undetected
- Last-minute audit prep scrambles
- Limited continuous monitoring capability
- Scattered evidence collection
- Difficulty demonstrating control effectiveness
The CORAA Solution
Comprehensive SOX compliance automation from data ingestion to audit-ready reports
Journal Entry Testing (JET)
Analyze 100% of journal entries for unusual patterns, manual entries, round-dollar amounts, and policy violations.
- Weekend/holiday entries
- Round-dollar transactions
- Unusual account combinations
Segregation of Duties (SOD)
Automatically detect SOD violations across financial processes and user access rights.
- User access analysis
- Transaction approval chains
- Conflicting role identification
Continuous Monitoring
Real-time controls monitoring with automated alerts for policy violations and anomalies.
- Real-time anomaly detection
- Automated alert notifications
- Trend analysis and reporting
Access Control Testing
Verify user access rights, privileged access, and terminated user cleanup.
- Privileged access review
- Terminated user verification
- Periodic access recertification
Business Process Controls
Test key controls across procure-to-pay, order-to-cash, and financial close processes.
- Purchase order approvals
- Invoice matching (3-way)
- Revenue recognition controls
Audit-Ready Documentation
Generate comprehensive workpapers with full audit trails and evidence.
- Control testing workpapers
- Exception reports with evidence
- Management representation letters
How CORAA Automates SOX Testing
From data ingestion to audit-ready reports in 4 simple steps
Connect Data Sources
Upload or connect ERP data, general ledger, user access logs, and transaction files
Configure Tests
Select control tests, set thresholds, and define risk parameters based on your policies
Run Analysis
CORAA analyzes 100% of transactions, identifies exceptions, and flags control deficiencies
Review & Report
Review findings, generate workpapers, and export audit-ready documentation
Measurable Impact
Complete SOX testing in days instead of weeks
Move from 2-5% sampling to full population testing
Catch control deficiencies before external audits
Who Benefits from CORAA SOX Automation
Internal Audit Teams
Reduce manual testing time by 70% and focus on strategic risk assessment and advisory work
- Faster testing cycles
- Better risk coverage
- More time for advisory
Finance & Accounting Teams
Ensure control effectiveness and prepare for external audits with confidence
- Control monitoring
- Audit readiness
- Compliance confidence
External Auditors
Leverage CORAA's 100% transaction testing for more efficient and effective audits
- Full population testing
- Audit-ready workpapers
- Reduced fieldwork time
Compliance Officers
Demonstrate control effectiveness to regulators and stakeholders
- Continuous monitoring
- Real-time alerts
- Comprehensive documentation
Related Solutions
Explore other audit automation use cases
Transform Your SOX Compliance Program
Move from sample-based testing to 100% transaction coverage with CORAA