Understanding which statute your company falls within is important as a significant impact on the level of effort management and the external auditor must incur to comply.
On this episode of the Risk & Accounting Advisory’s Risk in Review podcast, we honor the 20th anniversary of the Sarbanes-Oxley Act (“SOX”) and explore the differences between two parts of Section 404, SOX 404a and 404b, outline the nuances and exceptions for companies to comply with the second year 404b attestation requirements, as well as examine 404a through management’s perspective. Finally, our SOX leaders touch on IT general controls and companies involved in a SPAC deal and the distinctions relating to this unique situation.
For more information on the SOX 404 a or 404b approaches, visit cbh.com/risk and also check out our published articles on the 2022 Sarbanes-Oxley SOX Compliance Considerations for Public Companies, Filing Status and ICFR Compliance Considerations for SPAC and IPO Transactions and the Are You Ready For Enhanced Cybersecurity SEC Reporting Requirements? podcast.
Related Podcasts in the Risk In Review Series
- 2022 SOX Section 404 Considerations & Summer Planning
- Third-Party Risk Management and How It Can Add Value and Drive Success Within Your Organization
- What is Risk Analytics and Why Is It Important?
- Taking a Closer Look at the New SEC Cybersecurity Proposed Rule Changes and its Potential Impact on Companies
