Audit Analytics has posted their SOX 404 – Year 6 Update report.

If you give them $185 they will show you the details behind these findings:

1) As of June 2010, adverse auditor attestations accounted for 2.4% of opinions filed for Year 6, compared to 16.9% in Year 1.
2) Adverse Management-Only Assessments account for 27.8% in Year 6, which is the lowest percentage yet compared to the previous five years.
3) The ‘Segregation of Duties’ deficiency is down from 23.9% of adverse filings in Year 1 to 11% of adverse filings in Year 6.