After more than a year, the Securities and Exchange Commission finally received a final report from its Advisory Committee on Smaller Public Companies.
There weren't any surprises left in the 240-page document -- its major recommendations, to exempt an estimated 80 percent of public companies from at least part of the internal controls provisions of the Sarbanes-Oxley Act, and exempt and companies with market values less than $125 million, was first announced in December.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access