Vibato representatives will be in Salt Lake City, Utah taking meetings from January 27 to February 4th at the Hotel Monaco on 15 West 200 South.  Feel free to give us a call at (707) 477-0008 or (510) 910-1604.

Are audits a waste of time & money without Sarbanes-Oxley?  I would never have questioned the value of an audit without SOX until I saw Grant Thornton's comments today. 

Congressman Paul E. Kanjorski attempted to push through an amendment to the omnibus financial reform bill (H.R. 4173) or the "Wall Street Reform and Consumer Protection Act of 2009" on December 10, 2009 to strike the provisions within H.R. 4173 that would exempt non-accelerated filers from Section 404(b).  Kanjorski's amendment was voted down, 153 - 271. As is stands, the bill will go to the Senate for final vote.  The vote has yet to be scheduled.

Follow the progress of the omnibus financial reform bill (H.R. 4173) or the "Wall Street Reform and Consumer Protection Act of 2009" via this link:

The omnibus financial reform bill (H.R. 4173) or the "Wall Street Reform and Consumer Protection Act of 2009" was passed by the House of Representatives via a vote of 223-202 on December 11, 2009.  This bill would seek to permanently grant a 404(b) reprieve for non-accelerated filers (those with a market capitalization below $75 million).  The bill must now be passed by the Senate to be put into law and their vote has yet to be scheduled.  As it stands now, non-accelerated filers must comply with 404(b) by June 15, 2010; 404(a) has been in effect since 2007 and is not in debate.