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Sarbanes-Oxley deadline up this week

Sarbanes-Oxley deadline up this week

by Rick Turoczy on July 13, 2006

The FT recently reported that many British companies are struggling to meet the 15 July deadline and many are looking for “quick fix” solutions to make them compliant, especially with regard to the disliked section 404.

As part of the act, section 404 requires a management assessment of internal controls within a company’s annual reporting, providing a statement on the responsibility for internal controls, and demonstrating that these controls are adequate for accurate complete financial reporting.

Sarbanes-Oxley deadline up this week

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