As Section 404 of the Sarbanes-Oxley Act requires management to assess and to document the design effectiveness of internal controls over financial reporting, management may have already prepared narratives and flowcharts which the auditor can the use in documenting their understanding of the design of such internal controls.

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Section 404 of the Sarbanes-Oxley Act requires management to assess and document the design effectiveness of internal controls over financial reporting, and they may have prepared narratives and flowcharts that the auditor can use to understand the design of such controls.

As Section 404 of the Sarbanes-Oxley Act Requires Management to Assess