Sarbanes-Oxley Progress

The Postal Act requires compliance with Section 404 of the Sarbanes-Oxley Act (SOX). Section 404 pertains to establishing internal controls for financial reporting, and evaluating and monitoring their effectiveness.

Throughout 2010, the Postal Service tested the effectiveness of its internal controls, which helped achieve a level of assurance that controls are in place to prevent or detect a material misstatement within financial statements. The Postal Service received an unqualified opinion on the effectiveness of its internal controls over financial reporting from its external auditors as of September 30, 2010.