Investor Resource Guides Come Online - 12/28/2004

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Copyright © 2001
Stanford Law School


2004 News and Press Releases

News News 2004


HEADLINE NEWS:

Investor Resource Guides Come Online
Staff Writer

AccountingWeb.com. December 28, 2004

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EXCERPT: For the first time beginning in early February 2005, investors will receive information in public companies’ financial reports about whether adequate internal control over financial reporting is in place. Good corporate internal control is one of the most effective deterrents to fraud and a key factor in preventing financial misstatements, so this information is important to investors. Investors and other market participants must understand these new reports so that the market benefits fully from Sarbanes-Oxley reforms. Two resource guides, developed jointly by Deloitte & Touche LLP, Ernst & Young LLP, KPMG LLP and PricewaterhouseCoopers LLP will help investors penetrate the complexities of internal control reporting and highlight areas where questions may arise. Two Investor Resource Guides: Internal Control Over Financial Reporting: An Investor Resource - Designed as a broad overview of Section 404 of the Sarbanes-Oxley Act … Perspectives on Internal Control Reporting: A Resource for Market Participants.

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