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Small Firms Get Sarbanes-Oxley Extension

Posted By claudia On 22nd December 2006 @ 14:46 In Uncategorized, News, SEC, SOX, Section 404 | No Comments

The Securities and Exchange Commission gave the smallest public companies five more months to comply with financial-control rules under the 2002 Sarbanes-Oxley Act.

Under the latest extension, the smallest companies will have to report on their controls in annual reports for fiscal years ending on or after Dec. 15, 2007.The previous deadline was for fiscal years ending on or after July 15.

[1] washingtonpost.com: Small Firms Get Sarbanes-Oxley Extension

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[1] washingtonpost.com: Small Firms Get Sarbanes-Oxley Extension: http://www.washingtonpost.com/wp-dyn/content/article/2006/12/15/AR2006121501710.
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