There is no question that the first year of Sarbanes-Oxley Section 404 compliance requires much effort. During this process, it is important that audit committees ask questions throughout the inception of the project and the first year of compliance.

This document is designed for companies that have already complied with Sarbanes-Oxley Section 404 for at least one year. It contains example questions audit committee members should ask management regarding the company’s assessment approach. In addition, it includes some questions for management and internal and external auditors.