{{Refimprove, date=July 2007
Integrated SOFT Audit is an integrated
audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing ...
approach that focuses on the key and material components of four differing audit approaches relevant to an auditee, based on a detailed risk assessment performed annually. This approach integrates the key aspects of:
* S –
Sarbanes–Oxley Act
The Sarbanes–Oxley Act of 2002 is a United States federal law that mandates certain practices in financial record keeping and reporting for corporations.
The act, (), also known as the "Public Company Accounting Reform and Investor Protect ...
of 2002 Compliance Audit
* O – Operational audit/Best Industry Practices
* F – Financial Substantive Audit Procedures
* T – Transactional Auditing