Summary and Analysis of SEC's Proposed Guidance and PCAOB's Proposed Rule (AS5)  
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Summary and Analysis of SEC's Proposed Guidance and PCAOB's Proposed Rule (AS5)

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This paper outlines the more significant requirements of the Securities and Exchange Commission and Public Company accounting Oversight Board proposals on internal control over financial reporting (ICFR) issued December 2006. It boils the 200 pages down to a manageable few, focusing particularly on changes from the prior rules and anticipated relevance of the proposals to companies already employing a technology solution to governance, risk and compliance, or those organizations of size, scale or complexity where a technology solution would promote effectiveness and efficiency.

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