SOX Controls & Financial Audit Posture

Meridian Industrial Holdings — FY2024 | North Star: Maintain SOX control effectiveness ≥97% across all in-scope processes while reducing total audit cost by 15% year-over-year through optimized resource allocation and external auditor reliance.

Overall Control Effectiveness

94.2%

Below Target

Open Deficiencies

-25% vs Peak

SoD Conflicts

ALERT

Remediation Burn-Down Ratio

1.18

Healthy

ITGC Health Index

89.3

+4.2 pts MoM

Audit Plan Completion

92%

On Track

Control Testing Pass Rate by Process Domain (12-Month Trend)

Deficiency Aging Distribution

SoD Conflicts by Role Pair (Top 8)

Entity-Level Control Score by Business Unit

Continuous Monitoring Exception Rate

Active Deficiency Register (High Priority)

Control ID	Process Domain	Business Unit	Severity	Age (Days)	Status	Owner
FIN-002	Revenue Recognition	APAC Manufacturing	Significant	87	In Remediation	K. Chen
ITG-011	Access Management	Global IT	Significant	102	Testing Fix	R. Patel
FIN-019	Accounts Payable	EMEA Operations	Deficiency	64	In Remediation	M. Schmidt
FIN-007	Inventory Valuation	Americas Dist.	Deficiency	51	Plan Approved	J. Martinez
ITG-003	Change Management	Global IT	Deficiency	43	In Remediation	R. Patel
FIN-023	Financial Close	Corporate	Deficiency	38	In Remediation	L. Thompson
FIN-015	Treasury & Cash	Corporate	Minor	29	Testing Fix	A. Singh
ITG-008	Logical Security	APAC Manufacturing	Minor	22	In Remediation	K. Chen

Remediation Burn-Down

56 Closed

47 Opened | Ratio: 1.18

External Auditor Reliance

68%

Target: 75% | +12pp YoY

Mgmt Response Accept Rate

94%

41 of 44 responses accepted