The Ohio Society of CPAs commented on the "Last-minute attempt made to remove small public company exemption from financial reform" in 404(b) in the article below on 25 June 2010. They discussed the fact that investors in small companies deserve safeguards against possible fraud. After all, if there are no safeguards to prevent fraud for small public companies, that will ultimately lead to a lack of investment in these companies as investors will not feel secure in doing so. Click here to read the full statement.
Compliance Alert: CPA Society Supports SOX for Small Companies
Tags: Sarbanes-Oxley Articles & Information, Compliance tools, Announcements, 404, 404 audit, audit costs, Non-accelerated filer 404(b) information, SOX Basic®, SOX Compliance Made Simple, Wall Street Reform, Sarbanes-Oxley, external auditing, Sarbanes-Oxley for Non-Profits
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
I read a press release titled "Decision in Free Enterprise Fund v. PCAOB". To read the full press release, click on the link below:
Tags: Sarbanes-Oxley Articles & Information, Compliance tools, Announcements, 404, 404 audit, audit costs, Sarbanes-Oxley Training, compliance, risk management, Sarbanes-Oxley, external auditing, Sarbanes-Oxley for Non-Profits
From Jake Leon: Auditors, analysts and institutional investors again join forces to oppose SOX Section 404(b) waiver
Jake Leon from thecaq.com commented:
Tags: Sarbanes-Oxley Articles & Information, Announcements, 404, 404 audit, audit costs, Non-accelerated filer 404(b) information, Sarbanes-Oxley Training, Sarbanes-Oxley for Non-Profits
INDEPENDENT SECTOR: SARBANES-OXLEY IMPLICATIONS FOR NONPROFITS
The Independent Sector featured a great article on SOX:
Tags: Sarbanes-Oxley Articles & Information, Sarbanes-Oxley for Non-Profits