Considering Internal Whistleblower Systems When Evaluating External Risk

Subscriber Content
Screenshot of the first page of Considering Internal Whistleblower Systems When Evaluating External Risk
By
Nicole Hallas, Audit Analytics

Section 301 of SOX requires audit committees of issuers listed on U.S. exchanges to establish procedures for employee complaints regarding accounting, internal controls or auditing matters. Additionally, procedures must be established for the confidential, anonymous submission by employees of concerns regarding questionable accounting or auditing matters. However, do all companies comply with Section 301?

In this article, Audit Analytics outlines the importance of assessing an internal whistleblower system when evaluating the risk for future fines or litigation.

Free Trial

Sign up for a free, no-obligation trial to start exploring our timesaving, valuable resources.