Assignment: Section 404

Learning Objectives and Outcomes

Assess the compliance requirements of Section 404 and prepare a checklist to ensure Section 404 compliance. 

Assignment Requirements

This assignment considers the role of an internal auditor.  The Auditor been given the task of creating a specific checklist to ensure compliance with Section 404.

Review the requirements of Section 404 and create a list identifying compliance requirements. The checklist should include information about reporting requirements, audits, IT security, and any other topics relevant to Section 404 compliance. The checklist should include information on internal controls over financial reporting (ICFR) controls as well as any known difficulties in complying with Section 404.

 Submission Requirements

• Format: Microsoft Word 
• Font: Arial 12-point size, Double-space
• Citation Style: Follow your school’s preferred style guide 
• Length: 2-3 pages

Evaluation Criteria and Rubric

1. List the compliance requirements of Section 404 
2. Include information about ICFR controls 
3. Include information about reporting requirements, audits, and IT security 
4. Include information about known Section 404 compliance difficulties