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Who’s Controlling the Controller?

Who’s Controlling the Controller?

by Rick Turoczy on August 28, 2006

One of the greatest sources of controversy in the business world in recent months has been whether small public companies are capable of maintaining the level of internal controls prescribed by section 404 of the Sarbanes-Oxley Act.

But even as that debate rages on, say experts, private companies — which are not subject to Sarbanes-Oxley — face serious threats as a result of poor internal controls. And the smaller their staffs, and the fewer their resources, the greater the risks.

Who’s Controlling the Controller?

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