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Sarbanes-Oxley News & Developments
Arrow Blames Sarbox for Earnings HitBut officials say $9 million earnings plunge should be a one-time event now that controls are in place.
> > Officials at Arrow International Inc. said that compliance with Section 404 of the Sarbanes-Oxley Act played a big role in the huge drop in earnings for the company during the most recent quarter. Section 404 requires companies to document their internal controls.
Source: CFO
Published:2005-09-30
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