Manage the LDTI Impact on Your SOX Environment
The clock is ticking towards the LDTI compliance date, which will be sure to impact your SOX program – will you be ready?
Given the scope of impact, planning must start now and begin with a comprehensive strategy.
Leveraging Workiva’s connected platform with PwC’s LDTI technical expertise, PwC helped customize an LDTI SOX solution that can be enabled directly within your Workiva SOX environment that:
- Leverages PwC’s tech-enabled services to help identify processes that are impacted by LDTI implementation to identify gaps in current risk and controls as well as identify opportunities for efficiencies and automations
- Uses Workiva functionality to track modifications to risks and controls via mechanisms such as activities logs and snapshots
- Captures results of this exercise in Workiva and visualize them in an interactive dashboard in order to report on the LDTI impacts on your SOX environment (changes in number controls, adds, removes, changes in types of controls (preventative vs. detective changes, changes in controls automated vs. manual)
- Once implemented, leverages Workiva’s testing, certification, and workflow capabilities to improve SOX compliance for your organization
We’ll work with you as permissible to help configure this in a way that fits your needs, saves time, and allows you to focus on the activities that can bring the most value to your business.
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