Section $302$: Corporate Responsibility for Financial Reports. This section requires CEOs and CFOs to personally certify the accuracy of

financial statements and related disclosures in the annual and quarterly reports. CEOs and CFOs must certify that those statements fairly

present in all material aspects the results of operations and financial condition of the company.

explain a brief overview of the section and why this section is an integral part of SOX compliance. Points you may want to discuss are $(1)$ why this section is needed, $(2)$ the ramification of noncompliance, $(3)$ the additional costs to the companies of this SOX compliance, and $(4)$ the level of confidence in the audited financial statement for the shareholders$/$stakeholders$.$