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Sarbanes-Oxley News & Developments
PwC Chief Cites Sarbox 404 DelaysCEO says that many companies will have failed to comply with the internal-controls provision or dug up a material weakness large enough to cause a misstatement.
> > Samuel DiPiazza, the chief executive of PricewaterhouseCoopers, warned that about one in 10 companies will either be unable to meet the deadline for complying with Section 404 of the Sarbanes-Oxley Act or will have discovered weaknesses in their internal controls over financial reporting, according to the Associated Press.
Source: CFO
Published:2005-01-28
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