Archive for December 16th, 2009
Permanent Exemption to Financial Controls Audit: One Step Closer
By David Feldman at 16 December, 2009, 12:49 pm
As mentioned in a prior entry, the Congress is weighing legislation that, among other things, will provide for a permanent exemption from smaller reporting companies (under $75 million market capitalization) to do an external (expensive) audit of their internal financial controls, as currently required by larger companies under the Sarbanes-Oxley Act of 2002. The PIPE Wire [...]
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