CRISC: Certified in Risk and Information Systems ControlDemo

Question

Under Section 302 of the Sarbanes-Oxley Act of 2002, what does certification of reports imply? Each correct answer represents a complete solution.

Choose three

A The signing officer has evaluated the effectiveness of the issuer's internal controls as of a date at the time to report.
B The financial statement does not contain any materially untrue or misleading information.
C The signing officer has reviewed the report.
D The signing officer has presented in the report their conclusions about the effectiveness of their internal controls based on their evaluation as of that date.

Explanation

Section 302 requires signing officers to have reviewed the report, to evaluate the effectiveness of the issuer’s internal controls as of a date within 90 days before the report, and to include their conclusions about that evaluation in the report. The statutory assurance concerning materially untrue or misleading information applies to the report as a whole, rather than to the financial statements alone. Sarbanes-Oxley Act of 2002, Section 302

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Sarbanes-Oxley Act of 2002, Section 302

CRISC: Certified in Risk and Information Systems ControlDemo

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