The Sarbanes-Oxley Act contains provisions for the attestation (verification) and reporting to shareholders of internal controls over

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The Sarbanes-Oxley Act contains provisions for the attestation (verification) and reporting to shareholders of internal controls over financial reporting.

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(a) Construct the arguments in favour of Professor Leroi's remark that external reporting requirements on internal controls were 'too ambitious' for small and medium companies.

(b) Describe the typical contents of an external report on internal controls.

Posted Date: Nov 26, 2021 06:50 AM

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The Sarbanes-Oxley Act contains provisions for the attestation (verification) and reporting to shareholders of internal controls over

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Expert Answer:

1 Firstly the report should contain a press release of acknowledgement by the board that its to blame for the companys system of control and for revie... View the full answer

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