Companies requiring "subcertifications" of financial information
06 Aug 2003
A survey of 555 corporate treasury and finance officials by the Association of Finance Professionals has found a substantial "trickle-down effect" of the CEO-CFO financial statement certifications required by the Sarbanes-Oxley Act of 2002. Over two-thirds of respondents from both public and private companies are required to certify the information they provide – most commonly account balances and specific disclosures in the notes to financial statements or MD&A.
Click to View the Survey Report (PDF 89k) on the AFP website or AFP Press Release. The AFP has 14,000 members worldwide.