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The Companies Act (Bangladesh), 1994(See section 404) (Published by Notification No. SRO 177law dated 11095. Of Ministry of Commerce) Act No. 18 of 1994An Act to consolidate and amend the law relating
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Section 404 of the Sarbanes-Oxley Act requires companies to assess and report on the effectiveness of their internal control over financial reporting.
Publicly traded companies in the United States are required to file Section 404 reports.
Companies must evaluate the design and operating effectiveness of their internal controls and provide a report on their findings.
The purpose of Section 404 is to ensure the reliability of financial reporting and prevent fraudulent activities.
Companies must report on the assessment of the effectiveness of internal controls over financial reporting.
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