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Welcome to the Sarbanes Oxley Compliance
Portal
J-SOX is Japan's Financial Instruments and Exchange Law, enacted
in response to corporate scandals.
The Internal Control Committee of the Business Accounting Council
of the Japanese Financial Services.
Listed companies in Japan must: • Document internal processes and controls • Test / evaluate the design of internal processes and control procedures • Test / evaluate the operation of internal processes and control procedures • Certify about the design and effectiveness of internal controls and certify as to the accuracy of the report • External auditors must issue an attestation repors Looks familiar? The Financial Instruments and Exchange Law is effective (since April 2008) for 3,800 companies listed in Japan, along with their foreign subsidiaries. Definition of Internal Control Internal control is defined as a process performed by everyone in an organization and incorporated in its operating activities in order to provide reasonable assurance of achieving four objectives:
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