Saturday, November 11, 2006

Small cos problem clouds US Sarbanes-Oxley revamp | Reuters.com

Small cos problem clouds US Sarbanes-Oxley revamp | Reuters.com:
"Work on revising 2002's post-Enron Sarbanes-Oxley (SOX) corporate audit reforms is hung up on the question of how small companies should be treated, with U.S. regulators expected to meet on the issue on Sunday.

The chairmen of the Securities and Exchange Commission and the Public Company Accounting Oversight Board are expected to meet to discuss how SOX Section 404 should apply to companies with $75 million to $700 million in market capitalization."

No comments: