DATABASE IN SOX COMPLIANCE FRAMEWORK NAME: INSTITUTION COURSE NUMBER COURSE TITLE: INSTRUCTORS NAME: DUE DATE: How database monitoring and auditing fit within the SOX compliance

DATABASE IN SOX COMPLIANCE FRAMEWORKNAME:INSTITUTIONCOURSE NUMBERCOURSE TITLE:INSTRUCTORS NAME:DUE DATE:How database monitoring and auditing fit within the SOX compliance framework.Monitoring and auditing are the more essential compliances set to motivate or encourage various associations to meet various businesses following the capacity and information to be used. In such a case, records and database authority are involved. This means that the stored information or data in the database should be well monitored and reviewed for the SOX compliance framework. However, there are some steps that one needs to follow when monitoring and auditing the database that will fit in the system of SOX. The first step is that the information technology director should fully support the demonstrations parts that contain complexity to reporting, security, and information management.SOX compliance framework contains two areas that are SOX section 302 and SOX section 404. However, the monetary reporting of a firm is essential since it ensures the continuous flow of the business because there is the availability of adequate finances to run it. Therefore, SOX section 302 is viewed and considered as the monetary reporting of a firm. It is the manager’s responsibility or the CEO of a firm to ensure that all the firms’ data and information are well recorded for easy retrieval when needed. The information recorded should be complete and accurate. This will improve the management of a firm because the essential thing in an organization is good record keeping.Additionally, both sections are identified with the financials and the act of bookkeeping in a firm. Every organization should be keen on bookkeeping and ensure that the financial records are done accurately and in the correct order. When the firm fails to do so, that ne can lead to the dissolution of the company. Therefore, before recording the information, a survey should be made about the information to ensure all the essential details are recorded. This becomes beneficial to the organization since it will be able to manage its finances. (Hasan, 2018).The auditing of the SOX compliance is the ability of how large firms deal with their internal controls. This can also be known structure of management. Large firms employ experts to safeguard the information that is kept in bookkeeping concerning various transactions. The public company accounting oversight board is one of the necessities of the SOX compliance on companies. This board is after preparing the auditors for auditing the firm’s information and data used to run the organization. This ensures a continuous flow of information in a firm from the top management to other employees.Additionally, there should be adequate security to protect the firm’s data, ensuring that the ones do not access the organization’s confidential information without the owner’s permission. This is very vital because security gives workers employed there a sense of confidentiality. The organization committee plays a role in delegating the organizational work to various workers to perform on time and in an effective manner. The process of delegation should be equally done according to the skills of the workers. The information system team should ensure that it updates the firm on the emerging issues on about the technology and be in a position to advise the organization on how to apply it.References.Hasan, M. U. (2018).A CONCEPTUAL FRAMEWORK OF INFORMATION SECURITY DATABASE AUDIT AND ASSESSMENT IN UNIVERSITY BASED ORGANIZATION(Doctoral dissertation, Universiti Teknologi Malaysia). https://libguides.nec.edu/az.php

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