Book a 30-minute consultation with our compliance experts. We'll discuss your needs and create a custom roadmap to certification.
Book Your Calendar SlotOr email us directly at support@mrcompliance.co
Strengthening Financial Controls: Supporting SOX Compliance for Udemy Using AuditBoard
About Udemy
Udemy is a global online learning marketplace that connects millions of learners with expert instructors across thousands of courses. Organizations and individuals around the world rely on Udemy’s platform to develop new skills and accelerate professional growth.
As a publicly traded company operating at global scale, Udemy must maintain strong financial governance and internal controls to comply with regulatory requirements such as the Sarbanes-Oxley Act (SOX). Ensuring the effectiveness of these controls is essential for maintaining financial transparency, regulatory compliance, and investor confidence.
To support ongoing SOX compliance efforts, Udemy utilizes modern governance and compliance tools to manage internal controls, documentation, and audit workflows.
The Challenge: Managing Internal Controls and Audit Evidence
As organizations grow and scale their operations, maintaining visibility into financial controls and compliance processes becomes increasingly complex.
For large organizations like Udemy, SOX compliance involves continuous monitoring of internal controls, proper documentation, and coordination between finance, IT, and internal audit teams.
Key challenges often include:
To address these challenges and streamline their compliance workflows, Udemy leveraged modern governance, risk, and compliance technology.
The Solution: Supporting SOX Compliance Using AuditBoard
Udemy adopted AuditBoard, a leading governance, risk, and compliance platform designed to help organizations manage internal audits, risk management, and SOX compliance.
Mr. Compliance provided support to help streamline aspects of the SOX audit process using the AuditBoard platform.
Key activities included:
By leveraging AuditBoard’s centralized platform, the compliance workflow became more structured and easier to manage across multiple stakeholders.
How AuditBoard Helped Improve Compliance Efficiency
AuditBoard provides organizations with a centralized environment for managing governance, risk, and compliance processes.
Using the platform, teams can:
This structured approach helps organizations streamline SOX compliance activities and maintain better visibility into internal control effectiveness.
The Result: Improved Audit Coordination and Compliance Visibility
Through the use of AuditBoard and structured compliance workflows, Udemy was able to support its ongoing SOX compliance program more efficiently.
Key outcomes included:
Improved audit coordination
Centralized documentation and control management simplified collaboration between stakeholders involved in the audit process.
Better visibility into internal controls
Compliance teams gained clearer oversight of control testing and evidence management.
Streamlined audit preparation
Organized documentation and workflows helped ensure readiness for external audit reviews.
Strengthened governance processes
The structured approach supported Udemy’s broader governance and internal control framework.
Conclusion: Modern Tools for Modern Compliance
For large organizations operating in regulated environments, maintaining strong internal controls and governance processes is critical.
By leveraging AuditBoard’s compliance platform and structured audit workflows, organizations can manage SOX compliance activities more efficiently while maintaining strong financial oversight.
Mr. Compliance supported these efforts by helping streamline compliance documentation and audit preparation processes.
About Udemy
Udemy is a leading online learning marketplace that helps individuals and organizations build new skills through expert-led courses. The platform serves millions of learners worldwide and supports professional development across a wide range of industries.
Learn more:
https://www.udemy.com/
About Mr. Compliance
Mr. Compliance is a cybersecurity and compliance advisory firm helping organizations achieve regulatory readiness across frameworks including SOC 2, ISO 27001, HIPAA, PCI DSS, NIST, and governance compliance programs such as SOX.
We partner with startups and growing companies to simplify complex compliance requirements and implement practical, scalable security and governance programs.
Ready to Achieve Similar Compliance Results?
Speak with our experts to understand how your organization can achieve SOC 2, HIPAA, or ISO 27001 readiness efficiently.
