Who Does What to Whom? Closing the Expectation Gap of Section 404

Sayther, Colleen A.
September 2003
Financial Executive;Sep2003, Vol. 19 Issue 6, p6
Academic Journal
The author notes that with the passage of the Sarbanes-Oxely Act there has been a lot of discussion over various aspects of the document. She focuses on Section 404, which deals with the management assessment of internal controls of U.S corporations. She notes that this section of the act requires a public company's outside auditors to attest to management's assessment of those internal controls. She notes that this has caused quite a bit of debate and addresses some of the major points raised.


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