Tuesday, January 23, 2007 Small companies may get a reprieve when it comes to complying fully with the Sarbanes-Oxley Act of 2002, a Securities and Exchange Commission official said today.
The SEC currently requires companies with a public market capitalization of less than $75 million to conduct a management assessment of their internal controls. Those companies will not have to have to get an internal controls audit by external auditors until 2008. SOX deadline may be stretched Labels: extension, market capitalization, small business Previous articles U.S. may lose financial lead
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