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Foreign groups face Sarbanes-Oxley deadline

Foreign groups face Sarbanes-Oxley deadline

by Rick Turoczy on July 10, 2006

Foreign companies listed in New York are entering a crunch period this week as a Sarbanes-Oxley deadline passes and time constraints force some into compliance short cuts, according to auditors and advisers.

Companies whose financial years end on or after this Saturday must ensure their next annual filings comply with the Sarbanes-Oxley accounting and governance law, including its notorious section 404.

Foreign groups face Sarbanes-Oxley deadline

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