We all know about the Sarbanes-Oxley Section 404(a), or, managements requirement to attest to the effectiveness of their internal controls via their 10Q/K and quarterly via the Section 302/906 attestations (required for public companies via the Sarbanes-Oxley Act of 2002). There is also Section 404(b), or, the requirement for external auditors to review the 404(a) work and attest to whether or not they agree with management's conclusions. Now, due to the Wall Street Reform Act, let me introduce the new Section 404(c) available from this link:
Vibato is currently attending the Rodman & Renshaw Annual Global Investment Conference, Sept 12 - 15, 2010 and we are taking meetings at the New York Palace Hotel, New York, NY.
The Sarbanes–Oxley Act of 2002 (Pub.L. 107-204, 116 Stat. 745, enacted July 30, 2002), also known as the 'Public Company Accounting Reform and Investor Protection Act' (in the Senate) and 'Corporate and Auditing Accountability and Responsibility Act' (in the House) and commonly called Sarbanes–Oxley, Sarbox or SOX, is a United States federal law enacted on July 30, 2002. It is named after sponsors U.S. Senator Paul Sarbanes (D-MD) and U.S. Representative Michael G. Oxley (R-OH).