| Publisher | KPMG International | ||
|---|---|---|---|
| Format | 275.7KB PDF, requires Acrobat Rdr 5 | Date added | 24 Jun 2004 |
| Topics | Sarbanes-Oxley, Law and Government | ||
| Downloads | 101 | ||
Members of Congress and representatives of federal government agencies have begun discussions that could eventually lead to the requirement for federal agency management to provide an assertion in their agency's financial statements on their internal controls over financial reporting and to obtain an independent auditor's opinion on those internal controls. In effect, the federal government is inching toward applying the same type of reporting requirements to federal agencies that are now required of publicly traded companies under section 404 of the Public Company Accounting Reform and Investor Protection Act of 2002 (Sarbanes-Oxley).
Did you find this white paper useful?
22 out of 50 users found this white paper useful
Related white papers
Best Practices for Sarbanes-Oxley Compliance: Enforcing IT Controls With Identity and Web Services Management
To help you gain a better understanding of the issues surrounding Sarbanes-Oxley compliance, including the importance of Section 404 of the Sarbanes-Oxley Act and how to comply with it, understanding...
How Does Identity Management Support Sarbanes-Oxley Compliance
The Sarbanes-Oxley Act of 2002 was enacted largely in response to a number of major corporate and accounting scandals involving some of the most prominent companies in the United States....
Corporate Governance and Compliance
The Sarbanes-Oxley Act, signed into law on July 30, 2002, ushered in a new era of corporate compliance with far-reaching reforms. In responding to these new regulations and the events...
The Impact of Sarbanes-Oxley on Marketing - A Case Study
"Corporate governance" and Sarbanes-Oxley are on the minds of every corporate board member and senior executive these days. A Fortune 500 company provided products and services to consumers and businesses...
Deloitte & Touche Case Study: BMC Software
A CORPTAX user since 1991, BMC decided to transition to CORPTAX ETS in May of 2003, utilizing its domestic, international and calendar components. BMC reviewed the tax function's data. The...
IT's Role in Financial Process Improvements
Those responsible for financial business processes face increasing pressure from government regulation such as Sarbanes-Oxley. Growth and corporate acquisitions only increase the risk of financial errors by creating complex environments...
Metastorm Success Story: Cooper Tire & Rubber Company
Headquartered in Findlay, Ohio, and recognized as the 4th largest U.S. tire manufacturer, Cooper Tire & Rubber Company specializes in the manufacturing and marketing of automotive products for consumers. The...
