Saturday, January 29, 2005

http://www.ey.com/global/download.nsf/US/Perspectives_on_Internal_Control_Reporting/$file/PerspectivesInternalControlReporting12-21-04.pdf

This collaborative effort of the Big 4 is an informative 48 page document that provides sample internal control reports required by Sarbanes Oxley, as of its release date December 21, 2004. It is written in a nice format with 28 specific questions asked and answered that walks the reader through the issues. This resource is a nice digest of material for those unfamiliar with the Act's requirements, the background leading to the act, clarifying material weaknesses, and how these changes should benefit the capital markets.