Assurance & ComplianceJuly 25, 2005 5:13 am
SOX Compliance - Smaller Businesses given more time
The news is out - the SEC, the regulator in charge of monitoring SOX compliance - has announced that the compliance deadline for small businesses (<75 Million USD market cap) - have until July 2006 (instead of July 2005) to establish and implement internal controls (Section 404 of SOX refers to internal controls and is a key part of the SOX).
RiOn
