What is the difference between SOx audit and Operational audit?
This was selected as Best Answer SOX is Security Exchange Commission requirement which prescribes very specific steps to be followed. It is like an US law for the US stock – listed companies, asking them to certify that their internal system of control is in place, is appropriate for the purpose and did not allow any material errors to occur in the financial statements. In a sense, it is like a compulsory external audit – it is prescribed by certain steps and follows a certain logic. SOX is designed to protect the investors in public listed companies and has even legal consequences for the senior officers of those companies (liable in front of the US law). An operational audit is a comprehensive form of an internal audit. This type of audit is trying to improve the efficiency and the effectiveness of the internal operations. Its objectives vary a lot and are determined by the management of the company, based on their own scope (and not imposed by law like in SOX). The operational audit
