Functioning internal controls = cleaner financials and less rework which is not value added. I'm not the only person saying this...
IPO's up by over 45% in 2010...largely because of Sarbanes-Oxley!?!?
February 18, 2010
Vibato Releases SOX Basic® for Small Companies
Vibato, a provider of Sarbanes-Oxley and SAS-related compliance solutions, has announced the release of SOX BASIC for small companies, delivering a size-specific SOX implementation to smaller reporting companies in just one day.
Auditing Firms: Want to audit public companies? Not so fast...
The PCAOB rejected an application from Price & Gartrell, P.C. to become a public accounting company. The reason for the rejection is as follows:
Supreme Court to find Sarbanes-Oxley Unconstitutional? Mike Oxley says no.
Michael Oxley, co-author of the Sarbanes-Oxley Act of 2002, was questioned on whether or not he believed the Supreme Court would find Sarbox unconstitutional. The Supreme Court is currently reviewing the legislation for constitutionality. An auditor from Nevada claims the Public Companies Accounting Oversight Board or PCAOB, put him out of business. He then filed a lawsuit claiming the PCAOB and the legislation is unconstitutional and the case has escalated to the Supreme Court.