Eight Key Decisions in Section 404

Agile risk management
Eight Key Decisions in Section 404

In May, the U.S. Securities and Exchange Commission (SEC) approved its interpretive guidance to management on implementing Section 404 of the Sarbanes-Oxley Act of 2002. Immediately thereafter, the Public Company Accounting Oversight Board (PCAOB) issued a companion standard directed to external auditors that revised the controversial Auditing Standard No. 2. This white paper explores eight key decisions along the Section 404 compliance process that management needs to consider with the objective of aligning the company's and auditor's application of a top-down, risk-based approach and maximizing the cost-effectiveness of the process.

 

Ready to work with us?