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Do you think that Section 404 of the Sarbanes-Oxley Act of 2002 has been a success...

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Accounting

Do you think that Section 404 of the Sarbanes-Oxley Act of 2002has been a success or do you think that the requirements are notworth the cost? Pease explain in detail

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First there are significant benefits associated with the control identification documentation and testing process The evaluation process has led to improvements in basic internal controls such as reconciliations and segregation of duties There were substantial improvements in the control environment that came about as a direct result of the process    See Answer
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