AICPA Implementation Guidance and Tools for Sarbanes Oxley
Key Internal Control Issues for Management

Prepared by the AICPA Business & Industry Internal Control Task Force

Background:

The AICPA Business & Industry Team assembled an ad-hoc task force of members to address issues relating to management's responsibility with respect to Section 404 of the Sarbanes-Oxley Act of 2002 titled "Management Assessment of Internal Controls." The ad-hoc task force met via conference call with the ASB Task Force on internal controls to discuss this requirement and the ASB's position with respect to the external auditor's responsibility. After that meeting, the ad-hoc task force assembled a list of key issues to communicate to their peers in other companies that are similarly impacted.

Download Key Internal Control Issues for Management.