Monday, December 11, 2006 U.S. Securities and Exchange Commission Chief Accountant Conrad Hewitt said he "very definitely" expects separate small-company provisions for SOX Section 404 compliance in both a revised auditing standard coming soon from the Public Company Accounting Oversight Board (PCAOB) and new SEC guidance for companies, expected to be unveiled on Wednesday.
"There's provisions in ours and there will be provisions in theirs ... making it easier for small companies to comply," Hewitt told reporters after speaking at an American Institute of Certified Public Accountants (AICPA) conference. UPDATE 2-SOX audit relief ahead for small cos-US regulatorsPrevious articles SEC Sarbanes-Oxley Changes to Give Small, Public F...
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