Friday, April 08, 2005

CCR provides feedback regarding the implementation of Section 404

The Committee on Corporate Reporting (“CCR”) of Financial Executives International (“FEI”) is pleased to provide feedback regarding the implementation of Section 404 (“Section 404”) of the Sarbanes-Oxley Act (the “Act”) relating to internal control over financial reporting. Now that we have gone through the first run of this compliance effort, we agree that it’s time to review what we have learned and identify ways to improve the annual process going forward. We are encouraged by the Commission’s willingness to solicit such feedback.

See full in pdf format.