ISO 4217 Numeric Code
(redirected from 404)Also found in: Dictionary, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.
ISO 4217 Numeric Code
A code used especially when financial transactions are made using non-Latin alphabets or scripts.
Also found in: Dictionary, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.
References in periodicals archive
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In response, he says, his company has prepared a risk-based approach in conjunction with its external auditors, "which we see as a much more practical approach to auditing, while ensuring 404 compliance.
Dow set up a project organizational hierarchy for Section 404 compliance.
Ultimately, Sarbanes-Oxley Section 404 is about internal control and administrative responsibility, not about fraud.
The survey of 217 public companies with average revenues of $5 billion found auditor fees for Section 404 compliance averaged $1.
In October, Moody's Investors Service issued a Special Comment, "Section 404 Reports on Internal Control: Impact on Ratings Will Depend on Nature of Material Weaknesses Reported.
With over 14% of accelerated filers receiving failing grades and a multitude of filers barely escaping the same, I believe the initial effectiveness of Section 404 of Sarbanes Oxley and the related PCAOB's Auditing Standard Number 2 in cleaning up public company financial reporting speaks for itself", said Mark Cheffers, CEO of the IVES Group.
Many, understandably, treated Section 404 compliance as a discrete project with a clearly defined ending point.
AeA's work on Sarbanes-Oxley Section 404 has been a grassroots effort in the truest sense, and the concerns and recommendations presented by AeA member companies through meetings and our recent report clearly resonated with the members of the PCAOB.
As a result, each committee member needs to become educated in what 404 is and what it means.
The Company believes that it has completed all work necessary under Section 404 to provide management's report on internal controls, and submitted the report to its independent registered public accounting firm.
Reflecting on his Senate testimony, Turley observes, "The Senate Banking panel understood that, especially in the first year [of 404 reporting], there will be some levels of deficiencies, material weaknesses and adverse opinions.
The Company intends to appeal its delisting to the Panel and is working diligently to file its 404 Report as described in the Company's Form 8-K dated May 2, 2005.
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