This chapter goes over the section of 404 of the Sarbanes oxley Act 2002 (sox).
The rules of management that SEC had released in June 2003 on internal contual they are1) implement the requirements of section 404 of SOX. 2) Amended the officer certifications required by sections 302 and 906 of SOX. 3) The delayed the originally proposed effective date for filling management’s report on internal control over financial reporting.
Managers must implement the establishing and maintains adequate internal control of financial reporting. They must identify the framework of COSO which is a committee of supporting organization of the tread way commission report for internal control. Management must assess the effective of internal control of the recent fiscal year.
In the statement the disclosure of any weakness of issuers internal control in financial reporting.

The Brass tacks is a six stage approach they are 1) plan and scope evaluation. 2) Document your controls .3) evaluate the design and operating effectiveness of your controls. 4) Identify and correct deficiencies. 5) Prepare management’s report on internal control over financial reporting. 6) Prepare for the independent auditor’s report on management’s assessment of internal control over financial reporting.
Under the plan and scope there are (5) to in process is project governance on going management projects. The need to provide suitable framework for internal control. The ability to disciplinary team, trained in the internal control to evaluate and to lead the senior, active management authority. Have a plan, policies, and the scope of the approach. The need to be able to run the plan, policies, and the scope of the past your external auditor.

Document of controls
To document of the controls establish one uniform standard throughout the company. Use the tools of automation for the