Regelgeving
SOx 404 and ICFR
SOx 404 (Section 404 of the Sarbanes-Oxley Act 2002) requires public companies to annually assess and report on the effectiveness of their internal control over financial reporting (ICFR). For accelerated filers, the external auditor also issues an opinion (404(b)). The Act aims to improve the reliability and accuracy of financial reporting.
Source: US Sarbanes-Oxley Act Section 404 (2002)
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