SEC Issues New Sarbanes Oxley Compliance Guidelines
Division of Corporation Finance, Office of the Chief Accountant, U.S. Securities and Exchange Commission, May 16, 2005 - Staff Statement on Management's Report on Internal Control Over Financial Reporting:
"The staff is providing this guidance to...addresses the following areas: The purpose of internal control over financial reporting; Reasonable assurance, risk-based approach, and scope of testing and assessment; Evaluating internal control deficiencies; Disclosures about material weaknesses; Information technology issues; Communications with auditors; and Issues related to small business and foreign private issuers."
