SOX 404 and Foreign Private Issuers

• Scope of Management’s SOX 404 Assessment and Proportionately Consolidated Entities – Discussion Document C From the AICPA International Practices Task Force November 21, 2006 Meeting with the SEC Staff
  
  
• Applicability of PCAOB Auditing Standard No. 2 (AS2) to US GAAP reconciliation information on foreign private issuers (FPIs); Applicability of AS2 to quarterly and interim reporting published by FPIs; and Disclosures required under Item 15 of Form 20-F in accordance with AU 325 – All excerpts from the AICPA International Practices Task Force November 22, 2005 Meeting with the SEC Staff

• The Lord and Benoit Report- Sarbanes-Oxley Section 404:  10 Threats to Compliance for Smaller Companies (May 2007)
  
  
• Application of Item 308T of Regulations S-K and S-B to a Non-Accelerated Filer That Early Adopts Internal Control Reporting by Management (Document J from the April 17, 2007 SEC Regulations Committee Joint Meeting with the SEC Staff)
  
  
• PCAOB and SEC Testify Before the U.S. Senate Committee on Small Business and Entrepreneurship (April 2007)
  
  
• SEC Provides Further Relief From Section 404 Requirements for Smaller and Newly Public Companies (December 2006)
  
  
• Section 404 Reporting by Non-Accelerated Filers After Exiting Accelerated Filing (Finalized discussion document addressed in the September 26, 2006 Joint Meeting of the SEC Regulations Committee and SEC Staff)
  
  
• Reporting Considerations for Non-Accelerated Filer Audit Reports
  
  
• Quick Reference Guide - SEC Filing Dates for 10Ks and SOX 404 Reports

Non Public Broker/Dealers

• Extension of Order Regarding Broker-Dealer Financial Statement Requirements under Section 17 of the Exchange Act (members only)

CAQ SOX Quick Surveys & Polls

• August 1, 2007:  CAQ Notice #2007-8 - CAQ Quick Survey on 404 Audits of Smaller Companies (Note- Survey link has been removed as this survey was targeted to a specific audience)

• July 2007:  Center for Audit Quality Survey Finds Majority of Nation’s Investors Support  Sarbanes-Oxley, Believe Rules Mandated By Act Should Not Be Eased ~~Findings Released In Conjunction With Law’s Fifth Anniversary ~~
  

• June 29, 2005: CAQ Notice #9 — CAQ Quick Survey on Information Technology as it Relates to Audit Quality and Internal Controls
  
  
  • For the results of the survey, visit the CAQ Web page: Improve Audit Efficiency & Effectiveness with Automated Tools- AICPA Audit & Control Technology Store
    
    
• April 22, 2005: CAQ Notice #7 — One Minute Survey on Proposed SOX 404 Conference
  
  
• November 16, 2004: CAQ Notice #5 — Quick CAQ Survey—Section 404 Compliance for Smaller Companies
  
  
  • For the results of the survey, click Results of the Quick CAQ Survey

For additional assistance with SOX matters, call the CAQ Resource Line at 888-817-3277 or send an email to center@aicpa.org.