March 17, 2005
Many Delays and Re-statements This Year
Just the latest in the delays to file Sarbanes-Oxley Section 404 certifications is Cray Corporation. Company after company is late or restating. There has been alot groaning about the work to certify internal controls, but the legislation certainly is highlighting problems everywhere. This legislation is here to stay due to the results it is turning up.
An excerpt here:
"Seattle-based Cray said it expects to file its annual report on March 31, but the section pertaining to Sarbanes-Oxley won't be done by then. Company officials said they plan to take advantage of a 45-day extension granted to companies of its size."
For the entire article, click here.
To see how your company can avoid the Section 404 pitfalls, see www.issuescentral.com and take a tour of Sarbanes-Oxley Compliance Playbook(tm).
An excerpt here:
"Seattle-based Cray said it expects to file its annual report on March 31, but the section pertaining to Sarbanes-Oxley won't be done by then. Company officials said they plan to take advantage of a 45-day extension granted to companies of its size."
For the entire article, click here.
To see how your company can avoid the Section 404 pitfalls, see www.issuescentral.com and take a tour of Sarbanes-Oxley Compliance Playbook(tm).
