This course is part two in our “Sourcing Emerging Risks” course for Sarbanes-Oxley 20 years later. Emerging risks seem to be an issue for all business processes these days. It’s been 20 years and counting since the Sarbanes-Oxley legislation was passed. In theory the legislative requirements outlined are still in place. Although the requirements haven’t changed, time has changed and as a result, execution of the processes has most likely changed.

On the platform are a series of courses that outline the full scope of the Sarbanes-Oxley Act and the various SOX sections. Twenty-years later the information in these courses remains relevant. However, it would be amiss to not recognize that the passage of time has changed our world. Think of various events such as economic change, technological evolution, the pandemic etc. These are just a few of the changes that may have impacted the manner in which we execute some of the processes outlined in the SOX legislation.

In this segment we focus on sourcing of emerging risks by utilizing to COSO principles.

Other Segments of Sarbanes-Oxley Update - 20 Years Later by Lynn Fountain.
Sarbanes-Oxley Update - 20 Years Later: Accounting Risk Assessment Considerations
Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 1
Sarbanes-Oxley Update - 20 Years Later: Evaluating Testing Processes
Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 2
Sarbanes-Oxley Update - 20 Years Later: Examining Fraud Risks

Learning Objectives
  • Explore and examine changing concepts of the Control Environment.
    • Understanding skill sourcing issues.
  • Discover and understand important elements of the Risk Assessment component.
  • Explore and examine the evolution of the Information & Communication components and the Monitoring Component.
Last updated/reviewed: March 12, 2024
3 Reviews (29 ratings)


Anonymous Author
Great coverage over emerging risks from changes in economic conditions and culture. Material was presented clearly in a good flow. Highly recommended!

Member's Profile
A good course on the emerging risks. Provides guidance and understanding about the impact of changing business environment on the COSO principals and SOX

Anonymous Author
The notes were excellent. Very clear and easy to understand

Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Introduction and Agenda to Sourcing Emerging Risk Part 28:58
  Sourcing Risks Control Environment16:41
  Sourcing Risks Control Environment Cont'd15:26
  Risk Assessment13:52
  Control Evaluation12:52
  COSO Information and Communication11:28
  Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 21:29:14
  Slides: Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 2PDF
  Sarbanes-Oxley Update - 20 Years Later: Sourcing Emerging Risks Part 2 Glossary/ IndexPDF