SEC Offering More Sarbanes 404 Relief for Smaller Companies

By at 13 December, 2007, 8:39 pm

The SEC intends to propose delaying for another year the need for smaller public companies to have outside auditors assess internal financial controls under Section 404 of the Sarbanes-Oxley Act, and expect it to start in 2009. According to published reports, you would still have to have management assess the controls. This is not official yet, but SEC Chairman Cox told Congress yesterday that they plan to do that early next year. This is great news for many who were scrambling about thinking auditor review would start with years ending after December 15, 2008.

Categories : Reverse Mergers

Comments
Katherine Marie Gordon February 1, 2009

I am a key associate of a burgeoning film production company located in Great Falls, Montana USA. We have already created a feature length film shot on our home video cam which was premiered at the largest indoor theater in Montana this past September, 08.

We want better equipment in order to compete fully in the independent film community.

We are seeking investors who will take a look at what we have already accomplished and based on this will become primary investors in our quest to purchase the HD, RED one series camera for future projects.

Any SEC information that would help us organize our private investor drive would be of invaluable assistance to us and will be fully appreciated and remembered.

Please write to me, Katherine Gordon at
scriptdoc@bresnan.net
We made our first feature film with volunteers and we came out with something we believe is high quality production if it were not for the fact that it was shot on a $1,2,00.00 camera.

I would love a reply of (any kind)
Thank you in advance for your time.

Kate

David Feldman February 1, 2009

Sure Katherine, I will reply to you by email.
David

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