FY2004 Sarbanes-Oxley

In 2004, Cornell's Audit Committee of the Board of Trustees approved certain provisions of the Act for implementation at Cornell.  As a result of our Board's directive, each dean and his/her college business officer must certify annually that the college's financial statements are accurate and complete. 

In the spring of 2005, the college business officers met with a representative from Division of Financial Affairs to complete a "dry run" review of the college's FY 2004 financial statements.  These financial results were reviewed and a second "dry run" was decided.  The college business officers provided valuable input into the process, resulting in a streamlined document to certify that the financial statements are accurate and complete.