|
This section is listed
under Title IV of the act (Enhanced Financial Disclosures), and
pertains to 'Management Assessment of Internal Controls'.
Summary of Section 404
Issuers are required
to publish information in their annual reports concerning the
scope and adequacy of the internal control structure and
procedures for financial reporting. This statement shall also
assess the effectiveness of such internal controls and
procedures.
The registered
accounting firm shall, in the same report, attest to and report
on the assessment on the effectiveness of the internal control
structure and procedures for financial reporting.
This section is listed
within Title IV of the act (Enhanced Financial Disclosures), and
pertains to 'Real Time Issuer Disclosures'. |