Section 404(a) of the Sarbanes–Oxley Act requires management of a public company to issue a report on internal control over financial reporting (ICOFR) as of the end of the company’s fiscal year. Visit the website for MetLife and search for the 2017 annual report under “Investor Relations.” 1. Locate management’s report on internal control over […]
The following questions concern auditor professional responsibilities. Choose the best response. a. The concept of materiality would be least important to an auditor when considering the (1) adequacy of disclosure of a client’s illegal act. (2) effects of a direct financial interest in the client on the CPA’s independence. (3) discovery of weaknesses in a […]
There are a wide variety of governance frameworks ranging from those related to the Sarbanes Oxley Act (2002), to CoBIT, ITIL and also PRINCE2 and Programme Management. Discuss the different aspects of strategic IS/IT that at least two of these approaches address and their commonalities, interactions and issues.
