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What change was made to the internal controls of the companies by the SOX?

What change was made to the internal controls of the companies by the SOX?

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Question added by Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator
Date Posted: 2016/03/25

1-Makes officers responsible for maintaining effective internal control and requires the principal executive and financial officers to disclose all significant internal control deficiencies to the company’s auditors and audit committee.

2-  Management acknowledge its responsibility for establishing adequate internal control over financial reporting and provide an assessment in the annual report of the effectiveness of internal control.

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