More than 14 percent of large public companies will receive failing grades on their internal controls, according to the latest Sarbanes-Oxley Section 404 internal control disclosure research by AuditAnalytics.com.

Among 2,963 accelerated filers that disclosed their Section 404 opinions as of May 15, 12.25 percent, or 363, received material weakness opinions, AuditAnalytics.com reported.

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