October 07, 2004
40 Days and Counting Down Until First 404 Filing Deadline
The heat is on. The largest companies will begin filing their Section 404 certifications November 15, 2004 (and after) depending on when their fiscal year ends. Look for a huge number of filings for December 31, 2004. This will let smaller companies know what is going on and if they need to make any changes to their compliance projects.
An excerpt on the looming Section 404 deadline:
"Larger companies will file their SOX-compliant annual reports first. About 40% of corporations end their year Dec. 31. The SEC has extended the deadline to this summer for public companies with a $75 million market cap and foreign-based firms trading on U.S. stock exchanges. For many of these companies, top executives must take a more active role in operational issues under SOX since violations fall squarely on their shoulders (and shackles)."
For the complete article click here.
To see how your company can effectively and rapidly comply with Sarbanes-Oxley, see www.issuescentral.com for more information or call (416) 977-1496.
An excerpt on the looming Section 404 deadline:
"Larger companies will file their SOX-compliant annual reports first. About 40% of corporations end their year Dec. 31. The SEC has extended the deadline to this summer for public companies with a $75 million market cap and foreign-based firms trading on U.S. stock exchanges. For many of these companies, top executives must take a more active role in operational issues under SOX since violations fall squarely on their shoulders (and shackles)."
For the complete article click here.
To see how your company can effectively and rapidly comply with Sarbanes-Oxley, see www.issuescentral.com for more information or call (416) 977-1496.
