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Sarbanes Oxley deadline today

Sarbanes Oxley deadline today

by Rick Turoczy on July 14, 2006

Sarbanes Oxley legislation comes into effect tomorrow, dictating that all foreign firms with capital in excess of £75 million dealing with the US will be required to highlight potential flaws in internal accounting controls.

The most controversial section of the act among enterprises with transatlantic business connections, section 404 is designed to ensure that company assets are not misrepresented in accounting audits, as is often the case.

Sarbanes Oxley deadline today

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