Match the items with the related statements that follow.
a. Management’s responsibility
b. Section 404 of Sarbanes-Oxley Act
c. Independent accountant’s responsibility
d. Internal control
1. Provides reasonable assurance to outside parties that management maintains internal control over financial reporting.
2. Established by management to ensure the reliability of accounting records and financial statements in accordance with GAAP.
3. Requires that the chief executive officer, the chief financial officer, and the auditors of a public company fully document and certify the company’s system of internal controls.
4. To assure the establishment of a system of internal control and assess its effectiveness.

  • CreatedMarch 26, 2014
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