The PCAOB posted an update today on the following topic:
Are Audits a Waste of Time & Money without Sarbanes-Oxley?
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.
Ammy Whitehouse: SOX Efforts Could Be More Efficient, Poll Says
I just read this article from Compliance Week and left the post below.
Alex Pollock published an article titled "What the House Got Right on Financial Regulation" yesterday (see it here). It is a good, quick read. I wanted to touch on his comment that 404(b) for non-accelerated filers is a waste of money and time.
Non-Accelerated Filers Have a 46% Higher Chance of Restatement
This is from Sarah Johnson of CFO.com on December 2, 2009:
Tags: Sarbanes-Oxley Articles & Information, Non-accelerated filer 404(b) information