Guide to the Sarbanes-Oxley Act: Internal Control Requirements - Frequently Asked Questions Regarding Section 404

Since the third edition of Frequently Asked Questions Regarding Section 404 of Protiviti’s Guide to the Sarbanes-Oxley Act (SOX) series was released in August of 2004, much has happened. For example: The U.S. SEC has created a “large accelerated filer” category and has adopted different deadlines for initial Section 404 compliance for accelerated foreign private issuer filers and non-accelerated U.S. domestic issuer and foreign private issuer filers.

This booklet is designed to help answer questions about the sections of SOX pertaining to public reporting. We've provided responses based on our experience that we hope will assist companies as they document, evaluate and improve their internal control over financial reporting, and continue to enhance their executive certification process.