A Guide To Sarbanes-Oxley Section 302

Section 401
Section 404
Section 409
Section 802

Contact Us

Sarbanes-Oxley Act Section 302

This section is of course listed under Title III of the act, and pertains to 'Corporate Responsibility for Financial Reports'.

Summary of Section 302

Periodic statutory financial reports are to include certifications that:

    The signing officers have reviewed the report
    The report does not contain any material untrue statements or material omission or be considered misleading
    The financial statements and related information fairly present the financial condition and the results in all material respects
    The signing officers are responsible for internal controls and have evaluated these internal controls within the previous ninety days and have reported on their findings
    A list of all deficiencies in the internal controls and information on any fraud that involves employees who are involved with internal activities
    Any significant changes in internal controls or related factors that could have a negative impact on the internal controls

Organizations may not attempt to avoid these requirements by reincorporating their activities or transferring their activities outside of the United States

Further Information

For more information, select one of the options in the left hand panel, or perhaps visit our page on compliance tools

Return to Front Page

All rights reserved. Copyright 2003.