In a public company, management must assess and report on internal control over financial reporting.

Name: In a public company, management must assess and report on internal control over financial reporting.
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This is mandated by the Sarbanes-Oxley Act of 2002 for public companies in the United States. Management must assess the effectiveness of internal controls and report on any identified weaknesses. This assessment is reviewed by external auditors as part of the audit process.

In a Public Company, Management Must Assess and Report on Internal