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."
Tags: Sarbanes-Oxley Articles & Information, Announcements, 404, deadline, 404 audit, Non-accelerated filer 404(b) information, compliance, risk management, Sarbanes-Oxley, external auditing
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."
Tags: Sarbanes-Oxley Articles & Information, Announcements, 404, deadline, 404 audit, Non-accelerated filer 404(b) information, compliance, risk management, Sarbanes-Oxley, external auditing
Compliance Alert: Be careful signing tax returns for your company....
I learned an interesting tidbit of information yesterday while at a new client...an Accounting Manager signed a payroll tax return she prepared for her company (which is common - executives do not typically sign this form). Well, when the payment was not made promptly and the IRS came-a-calling...the IRS agent told the Accounting Manager that because she signed the return, she was liable for the amount - not her company. So if the company decided to not pay the bill, the Accounting Manager would have to fork over the cash.
Tags: compliance
I read an interesting Press Release this morning, titled "House Approves Wall Street Reform Package." To read the press release, follow the link below:
Tags: Compliance tools, Announcements, audit costs, Wall Street Reform, compliance
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:
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