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Archive for November 17th, 2006

The Latest and Greatest news…

Friday, November 17th, 2006

SEC chief to unveil company rule change - SEC Chairman Christopher Cox, in a speech, alluded to revisions the agency has been planning to make in response to business complaints that a key requirement of a 2002 anti-fraud law enacted after the wave of corporate scandals was overly burdensome and expensive.

  • PCAOB Chairman Mark W. Olson’s speech to the Financial Executives International Current Financial Reporting Issues Conference
  • PCAOB News Release announcing the Board’s forum in Chicago on Auditing in the Small Business Environment

U.S. regulators nearer Sarbanes-Oxley audit revamp - U.S. regulators moved closer to agreement on Sunday over auditing the internal financial controls of small companies under a revision of post-Enron Sarbanes-Oxley (SOX) accounting reforms.

Sarbanes-Oxley foes find hope - For Silicon Valley venture capitalists eager to weaken the Sarbanes-Oxley corporate governance law, Nancy Pelosi may prove to be a useful ally.

Business may get Sarbanes-Oxley relief - The Wall Street Journal reported Friday that federal regulators have said they will propose guidance next month to help companies and auditors interpret one section of the law, passed in the wake of the Enron accounting scandal, in a way likely to save them time and money. 

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Just as with the Y2K crisis of seven years ago, IT workers are being called upon to don superhero suits and save the enterprise from impending technology trouble. But this time, IT will be sifting through the complexities of the federal Sarbanes-Oxley Act of 2002

Public Companies over 75 million already need to comply by 12/15/2007...

Will your SMB be Ready?


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