Open Offer to Mitt Romney & Newt Gingrich Regarding Sarbanes-Oxley

Posted by Teresa Bockwoldton March 11, 2012

Open Offer to Mitt Romney & Newt Gingrich: I would pay you each $10,000 to hold a 1 hour publicized debate with me about Sarbanes-Oxley Section 404(a), (b), and (c).

Let's speak seriously about this issue.

 

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Tags: Internal Controls, Sarbanes-Oxley Articles & Information, Announcements, 404, 404 audit, Non-accelerated filer 404(b) information, SOX Basic®, SOX Compliance Made Simple, Wall Street Reform, Sarbanes-Oxley Training, risk management, Sarbanes-Oxley, Internal Control Education

Change to Sarbanes-Oxley Section 404 Requirements in 2012 Likely

Posted by Teresa Bockwoldton February 22, 2012

New legislation is gaining steam that would change the definition of which companies are subjected to an external audit review of their internal controls (e.g., Sarbanes-Oxley Section 404(b)). The bill, called 'H.R.3606 - Reopening American Capital Markets to Emerging Growth Companies Act of 2011,' passed the House by an overwhelming bipartisan vote of 54-1. The bill still has to go through the Senate and then get Presidential approval before it becomes law (you can follow the progress here: http://www.opencongress.org/bill/112-h3606/show). 

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Tags: Internal Controls, Sarbanes-Oxley Articles & Information, 404, SOX, AICPA, 404 audit, audit costs, Non-accelerated filer 404(b) information, Sarbanes-Oxley Training, Sarbanes-Oxley, external auditing, Internal Control Education

6 Internal Controls Actions to Take Before June 30

Posted by Nancy Johnsonon May 19, 2011
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Tags: Accounting Tip of the Day, risk assessment, audit costs, Non-accelerated filer 404(b) information, internal control

SOX Internal Controls Requirements Studied by SEC

Posted by Nancy Johnsonon April 26, 2011

The costs and impact of SOX 404(b) -- which requires auditor review of internal controls over financial reporting -- was the subject of an SEC study published on April 22, 2011.

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Tags: Internal Controls, 404, 404 audit, Non-accelerated filer 404(b) information

Internal Controls: Response to Capital Market Regulation Needs an Overhaul

Posted by Teresa Bockwoldton April 20, 2011

Hal. S. Scott published an article today entitled "Capital Market Regulation Needs an Overhaul" located via this link:

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Tags: Internal Controls, Sarbanes-Oxley Articles & Information, SOX, Non-accelerated filer 404(b) information, Wall Street Reform, internal control, Sarbanes-Oxley, external auditing