Certain groups have been asking the Senate not to weaken SOX by exempting smaller public companies permanently from SOX external audit requirements.
WEBCPA published a great update on this issue:
“We urge you to maintain the benefits of Section 404 to investors in all public companies,” the letter concluded."
Read the article in full here.
WEBCPA: Groups Ask Senate Not to Weaken SOX
Posted by
Teresa Bockwoldt on April 25, 2010