• $5.99

Publisher Description

ABSTRACT The Sarbanes Oxley Act of 2002 (specifically Section 404) requires management to assess the effectiveness of internal financial controls and instructs auditors to report on whether the controls are adequate or have material weaknesses. The Sarbanes Oxley Act ("SOX") has increased the focus on internal audit departments as a key partner in assisting management and the board of directors (especially audit committees) in fulfilling their corporate governance activities. Using a questionnaire, we conducted a study of chief audit executives (CAEs) within the insurance industry to obtain their perspectives on the impact and effect of SOX on their departments and profession. We were primarily interested in their involvement in the initial implementation and ongoing SOX compliance efforts, and any change in their departments' missions. We were also interested in the CAEs opinions on the role of internal audit in the future especially in light of SOX.

GENRE
Business & Personal Finance
RELEASED
2008
January 1
LANGUAGE
EN
English
LENGTH
11
Pages
PUBLISHER
The DreamCatchers Group, LLC
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
274.3
KB

More Books by Academy of Accounting and Financial Studies Journal