Securities and Exchange Commission: Management's Report on Internal Control Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports
GAO-03-933R: Jun 25, 2003
- Accessible Text:
GAO reviewed the Securities and Exchange Commission's (SEC) final rule on internal control over reporting and certification of disclosure in Exchange Act periodic reports. GAO found that (1) the rule requires companies subject to the reporting requirements of the Securities Exchange Act of 1934, other than registered investment companies, to include in their annual reports a report of management on the company's internal control over financial reporting, and (2) SEC complied with applicable requirements in promulgating the rule.