December 14, 2009

Special Circumstances and Situations

Questions & Answers from Protiviti's "Guide to The Sarbanes-Oxley Act: Internal Control Reporting Requirements"

This section of Protiviti's "Guide to The Sarbanes-Oxley Act" addresses common questions concerning special circumstances and situations when complying with the Sarbanes-Oxley Act. Topics covered include: How are material acquisitions occurring during the fiscal year handled for purposes of determining the scope of the Section 404 assessment? How are divestitures of significant entities (or net assets) and discontinued operations considered for purposes of evaluating internal control over financial reporting? And, is monitoring of debt compliance within the scope of Section 404 compliance?