External Auditor’s Sox 404 Responsibilities

The Accounting Firm (External Auditor) must render two opinions:

• Management’s Assessment Process
• Effectiveness of the company’s internal controls over financial reporting

The Accounting Firm must comply with Public Company Accounting Oversight Board (PCAOB) Audit Standards

In order to render opinions, The Accounting Firm may:

• Review our process documentation
• Perform walk thru’s to validate controls are designed effectively
• Review and re-perform a sample of test of controls
• Perform additional independent tests
• Evaluate controls to ascertain if errors of importance could occur in the financial statements or if fraud could occur