Name specifically what Sarbanes-Oxley Act requires from management report on internal control

March 29th, 2011 Comments off
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  • State that it is management’s responsibility to establish and maintain adequate internal control;
  • Identify management’s framework for evaluating internal control;
  • Include management’s assessment of the effectiveness of the company’s internal control over financial report as of the end of the most recent year, including a statement as to whether internal control over financial reporting is effective;
  • Include a statement that the company’s auditors have issued at attestation report on management’s assessment; and
  • Certify that the company’s financial statements are fairly presented

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