Sarbanes-Oxley Section 404 Comparison Guide

There are key differences between U.S. SOX 404 and C-SOX in the areas of filing timelines, reporting requirements, internal controls and oversight. This guide presents a side-by-side comparison of U.S. Sarbanes-Oxley (SOX) Section 404, C-SOX (Bill 198) in Canada, and J-SOX in Japan.

The SOX Section 404 comparison to J-SOX outlines the similarities and differences in their backgrounds, reporting requirements, internal control frameworks, evaluation approaches, scope of entities, scope of process, management reports, and audits. SOX 404 requires external auditors to provide an opinion on the company's assessment of its internal controls.