Gary R. McGuire, CIA, CPA Vice President, Group Audit Services Alcatel Americas

Sarbanes-Oxley Act Section 404 Attestations

Internal Control Evaluation Group Audit Services report on Internal Controls & Procedures for Financial Reporting Results of internal audits to date Corrective actions taken by management Management control self-assessments

Control Self-Assessment Surveys Questionnaire developed by GAS –60 COSO-based questions –Focused on financial reporting controls –100-point scale Completed by 115 CFOs worldwide –Overall assessment –No supporting documentation required

CSA Results Risk assessment & audit plan input Testing of results - documentation & corrective actions –Opinion as to adequacy of CSA assertions –Substantive testing Corrective action follow-up –Comprehensive & timely –Audit follow-up process

1:00 - 1:10 Introduction & Overview of Annual Certification of Controls - Dave Richards 1:10 - 1:17Methodology - Sheryl Hildebrand 1:17 - 1:24Testing the Controls - Gary McGuire 1:24 - 1:30FDIC Certification Experience - Brian Szabo 1:30 - 1:45External Auditor Attestation - Gary Stauffer 1:45 - 1:50Break 1:50 - 2:25Questions & Answers - Panel 2:25 - 2:30Concluding Remarks - Dave Richards Agenda