CPE Session 37: Sunday, August 5, 1:00 PM – 4:30 PM

Assessing Internal Control under Sarbanes-Oxley Act

(Auditing)

Description/Objectives:
This CPE Session will cover a number of issues related to the conducting the internal control assessments as required by the Sections 302 and 404 of the Sarbanes-Oxley Act of 2002. It will also discuss the final versions of the Management Guidance released by the SEC and Auditing Standard No. 5 recently issued by the PCAOB.

We presented a similar session at the 2007 Auditing Section's Midyear Conference. Parveen Gupta who served as the academic fellow with the SEC for the 2006-07 year was actively involved in working as a team member on the SEC Mgmt Guidance and AS5 (old AS2, which will be renamed as AS5 after proposed revisions are finalized) Projects.

Presenters:
Parveen Gupta, Lehigh University
Dave Richards, Institute of Internal Auditors

Note: CPE fields of study are in parentheses