Question

What section of the SOX compliance law requires proper controls and, hence, security controls to ensure the confidentiality and integrity of financial information and recordkeeping within an IT infrastructure? Explain the information contained in this section.

Answer 1

Answer:

The section of the SOX compliance law that requires adequate controls and, therefore, security controls to ensure the confidentiality and integrity of financial information and record keeping within an IT infrastructure is section 404

Explanation:

The SOX Law implemented responsibilities for senior management regarding the establishment of an internal control system, mechanisms that allow the integrity of financial information, and the evaluation of the effectiveness of the internal control structure and procedures. COSO is used to evaluate the effectiveness of internal control by the administration over financial reports. Both the President and the Financial Vice President must formulate a certification of each of the points mentioned above.