SEC Starts Cost-Benefit Study of Sarbanes-Oxley 404(b) SMB Requirements
Friday, February 1st, 2008|
Source: U.S. Securities and Exchange Commission | Priority: Managing Compliance Standards | Topic: Sarbanes-Oxley |
| TAKEAWAY: The U.S. Securities and Exchange Commission announced it has begun a cost-benefit study of an upcoming attestation requirement for small businesses under Section 404(b) of Sarbanes-Oxley. Section 404(b) requires an auditor’s attestation on management’s assessment. The agency also proposed a one-year extension of the Section 404(b) requirement for smaller companies. |
| > Read "SEC Begins Small Business Costs…" at U.S. Securities and Exchange Commission |
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