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Filing Ever Faster

New deadlines for 10-Ks and 10-Qs have finance departments scrambling.

> > There is a paradox at the heart of the Sarbanes-Oxley Act of 2002. The law requires companies to provide more-detailed and more-accurate financial statements, yet it cuts the time to do so. As recently as last year, companies had 90 days to file 10-Ks and 45 days for 10-Qs. But over the next three years, the deadlines will shrink dramatically
Source: CFO


Published:2004-04-20
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