The SEC's Top 10 Risks: #7. Ineffective Internal or Disclosure Controls

Posted by Teresa Bockwoldton Tue, Aug 10, 2010 @ 04:00 PM

This was an excellent article on why it is more important than ever to accurately document your company-specific risk exposure. The SEC Top 10 List of most frequently questioned issues over the last two years includes “Ineffective internal or disclosure controls”, an area that we believe will be receiving even greater scrutiny in light of the recent Sarbanes-Oxley 404(b) exemption for non-accelerated filers.

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Tags: Sarbanes-Oxley Articles & Information, risk assessment, 404, deadline, 404 audit, Non-accelerated filer 404(b) information, compliance, risk management, Sarbanes-Oxley, audit scope, external auditing, Sarbanes-Oxley for Non-Profits

The PCAOB CONCEPT RELEASE- Section 105(C)(6) of SOX

Posted by Teresa Bockwoldton Mon, Aug 09, 2010 @ 04:00 PM

The Public Company Accounting Oversight Board has made a concept release on the "Possible Rulemaking Approaches to Complement Application of Section 105 (C)(6) of the Sarbanes-Oxley Act of 2002."

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Tags: Sarbanes-Oxley Articles & Information, Announcements, 404, deadline, 404 audit, Non-accelerated filer 404(b) information, compliance, risk management, Sarbanes-Oxley, external auditing

The PCAOB Publishes Concept Release

Posted by Bill Bockwoldton Wed, Jul 21, 2010 @ 04:00 PM

The Public Company Accounting Oversight Board has made a concept release on the "Possible Rulemaking Approaches to Complement Application of Section 105 (C)(6) of the Sarbanes-Oxley Act of 2002."

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Tags: Sarbanes-Oxley Articles & Information, Announcements, 404, deadline, 404 audit, Non-accelerated filer 404(b) information, compliance, risk management, Sarbanes-Oxley, external auditing

Sarbanes-Oxley Clawback Developments of Interest

Posted by Bill Bockwoldton Sun, Jun 27, 2010 @ 02:00 PM

While reading The Harvard Law School Forum I came across a post that discusses the "Sarbanes-Oxley 'Clawback' Developments" by John F. Savarese. It is very interesting, and if you would like to read it, click  here.

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Tags: Sarbanes-Oxley Articles & Information, Announcements, 404, deadline, 404 audit, audit costs, Non-accelerated filer 404(b) information, SOX Basic®, SOX Compliance Made Simple, risk management, Sarbanes-Oxley, external auditing, insurance audit

FEI Survey Reports SOX Adds Value to Businesses

Posted by Teresa Bockwoldton Sun, Jun 27, 2010 @ 01:00 PM

PRNewswire has a very interesting article on the most recent FEI Survey titled "FEI Survey: Companies Report Signs of Stabilization with 2009 Auditing Process." The survey found that most companies complying with SOX had smoother audit processes and felt they had better control and understanding of their company as well as their responsibility. Ultimately, they found SOX to be valuable to their business process. If you would like to read the full article about the survey and its findings, please click on the link below:

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Tags: Sarbanes-Oxley Articles & Information, Compliance tools, Announcements, deadline, 404 audit, audit costs, Non-accelerated filer 404(b) information, SOX Compliance Made Simple, compliance, risk management, Sarbanes-Oxley, external auditing, Sarbanes-Oxley for Non-Profits