6. CEO CFO CDO

7. CRO CICO

9. Public companies with more than $10 million of assets whose shares are held by more than 500 investors are required to file auditor’s annual reports (Form 10-K or 10-KSB) and quarterly reviewed reports (Form 10-Q or 10-QSB) with the SEC. The annual report of public companies normally contains the following financial information: 1. Audited financial statements, including their notes 2. MD&A of financial condition and results of operations 3. Management certifications of financial statements and internal controls 4. Management’s assessment of the effectiveness of ICFR 5. ACR 6. Independent auditor’s report on financial statements 7. Independent auditor’s report on the effectiveness of ICFR 8. Five-year summary of selected financial data 9. Summary of selected quarterly financial data for the past two years 10. Quarterly market data for the past two years, including high and low stock prices for common stock, dividends paid, and price earnings ratio. Section 302

10. Small Reporting Companies The SEC proposed its principles-based rules for smaller companies for so-called nonaccelerated filers — companies below the $75 million market capitalization.

20. Section 404 Costs the actual cost of auditing ICFR is in the range of $1.5 million to $10 million, with an average of $2.6 million for Fortune 1000 companies Benefits of Section 404 Compliance The expected benefits of compliance with Section 404 are (1) more investor confidence in financial reports, (2) more accurate and reliable financial reports, (3) more financial fraud prevention and detection, (4) more effective ICFR that improves operating, investing, and financing activities, and (5) lower cost of capital. Sustainable Section 404 Compliance companies should shift away from a project approach to a continuous process of integrating sustainable compliance into their corporate governance structure.