This tool contains two sample questionnaires that can be used by management and board members to achieve a sustainable internal control structure.
Sample questions include: Has management reviewed with the board its plan for implementing an organizational infrastructure facilitating continued compliance with Section 404? Does that plan include establishing accountability of process owners and others for internal controls over financial reporting and implementing an effective change recognition process? Do you and management understand the interrelationships between Section 302 compliance and Section 404 compliance?