ASB issues exposure drafts related to Sarbanes-Oxley Act.

• Position: Accounting & auditing news - Brief Article

The Auditing Standards Board has issued two exposure drafts that address provisions of the Sarbanes-Oxley Act, including a suite of standards that provides guidance about auditing an entity's internal control over financial reporting. The comment deadline is May 15, 2003.

Also exposed for comment until May 30, 2003, is a proposed standard to strengthen the quality of auditor communications concerning...