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Sarbanes-Oxley News & Developments
SEC: More Questions than Answers on 404In its first response to public companies since a heated meeting last May, the SEC issues an extensive list of questions about Sarbox 404.
> > The concept release, published Tuesday, is intended by the SEC as a prelude to its forthcoming guidance related to Section 404. That is the Sarbox provision that addresses assessment of management for a companies internal controls for financial reporting. The SEC is seeking public comment on the concept release by October, suggesting that it may be close to year end before any formal guidance is issued.
Source: CFO
Published:2006-07-11
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