Section 404 of SOX recommends, but does not require, the company's external auditors to attest to and issue a report on management's assessment of internal control.

Question

Quizplus · Accepted Answer

Section 404 of the Sarbanes-Oxley Act (SOX) actually requires the company's external auditors to attest to and report on the adequacy of the company's internal control over financial reporting, not just recommends it.

Section 404 of SOX Recommends, but Does Not Require, the Company's