Accounting Board Oversight

Uploaded by : Essays-Now.com

The Sarbanes-Oxley Act of 2002 mandates that company management to assess and report the effectiveness of their internal control each year. The Public Company Accounting Oversight Board adopted a standard to reflect these new laws. This essay discusses auditing deficiencies found in audits of internal control and the root causes of those deficiencies. There are two sources used in this three page paper.