Is it compliant with SOX 404 standards?

The skill is designed around SOX 404 requirements for internal controls over financial reporting (ICFR), focusing on design and operating effectiveness.

Can this skill replace a professional auditor?

No, this skill is a support tool intended to assist financial professionals. All testing workpapers, assessments, and conclusions should be reviewed and approved by qualified audit personnel.

Does it help with deficiency classification?

Yes, it includes standardized evaluation factors to help classify findings as a Deficiency, Significant Deficiency, or Material Weakness based on likelihood and magnitude.

What sampling methods does the skill support?

It provides methodology and guidance for Random, Targeted (Judgmental), Haphazard, and Systematic selection approaches depending on population size and risk.

Audit Support & SOX Compliance

Name: Audit Support & SOX Compliance
Author: lilbom32

bylilbom32

0•

Security & Testing

Streamlines SOX 404 compliance workflows by providing standardized control testing methodologies and documentation frameworks.

The Audit Support skill is a specialized tool for financial professionals and auditors designed to enhance the quality and consistency of SOX 404 internal control assessments. It provides structured guidance for scoping significant accounts, identifying relevant assertions across financial cycles, and selecting appropriate audit samples using statistical or judgmental methods. By offering a framework for testing workpapers and deficiency classification, this skill ensures that documentation meets rigorous internal and external audit standards while helping teams evaluate the design and operating effectiveness of key controls.

Key Features

01Assertion mapping for revenue, inventory, fixed assets, and financial reporting

02Advanced sample selection guidance for random, systematic, and targeted approaches

03Deficiency classification engine for evaluating material weaknesses

04Comprehensive SOX 404 testing methodologies and walkthrough frameworks

05Standardized workpaper requirements and evidence collection benchmarks

060 GitHub stars

Use Cases

01Generating standardized testing workpapers for internal audit cycles

02Evaluating and classifying identified control deficiencies and their potential impact

03Determining appropriate sample sizes based on control frequency and risk level

What are Skills?·How to Install

Install with 🐟 Skill.Fish

npx skillfish add lilbom32/ketnoitrithuc audit-support

For use in Claude.ai and ChatGPT

Key Features

01Assertion mapping for revenue, inventory, fixed assets, and financial reporting

02Advanced sample selection guidance for random, systematic, and targeted approaches

03Deficiency classification engine for evaluating material weaknesses

04Comprehensive SOX 404 testing methodologies and walkthrough frameworks

05Standardized workpaper requirements and evidence collection benchmarks

060 GitHub stars

Use Cases

01Generating standardized testing workpapers for internal audit cycles

02Evaluating and classifying identified control deficiencies and their potential impact

03Determining appropriate sample sizes based on control frequency and risk level