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Sarbanes-Oxley News & Developments

Nearly 600 Reports of Control Weaknesses

Last month alone, 56 companies disclosed material weaknesses or significant deficiencies in internal controls, compared with just 14 companies a year earlier.

> > On the eve of the oft-delayed starting date for compliance with Section 404 of Sarbanes-Oxley, it appears as if Corporate America has a lot of work to do to meet the requirements of this daunting rule.
Source: CFO


Published:2005-01-17
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