First Year of SOX Compliance   Instructions Submit an analysis of Trinity Industries' first year of SOX compliance. The vice president (VP) and chief audit executive described the company as a likely

First Year of SOX Compliance

Instructions

Submit an analysis of Trinity Industries' first year of SOX compliance. The vice president (VP) and chief audit executive described the company as a likely candidate for a material weakness in the first year of SOX compliance. What were the elements critical to the company's decisive success in its first year of compliance? Define a material weakness and explain the material weaknesses that are specific to Trinity. Describe the factors that made Trinity a success by illustrating the flow processes of the organization both in a narrative and process flowchart. This flowchart will be used to identify gaps and other threats to potential audit weaknesses.