Frequently Asked Questions Regarding the Sarbanes-Oxley Act: Executive Certification Requirements
- Protiviti Inc.
As an initiative to re-establish investor confidence, the Sarbanes-Oxley Act of 2002 has made executive certifications to financial statements a permanent requirement applicable to all publicly traded companies in the U.S.
The focus of this booklet is on these new executive certification requirements. These requirements are a major area of emphasis for many companies preparing to make their first filing subsequent to August 29. While the certifying officers have always been responsible for and have been exposed to liability associated with financial and public reporting, Sarbanes-Oxley has raised the stakes. The risks are higher and the consequences more significant.
In this Book
Frequently Asked Questions Regarding the Sarbanes-Oxley Act Executive Certification Requirements
Applicability of Requirements
Executive Certification Requirements
Disclosure Controls and Procedures and Internal Controls Over Financial Reporting
Management Evaluations of Control Effectiveness
Internal Audit Implementation