March 08, 2005
Reactions Come in From Europe on Section 404 Delay
The reaction to the one year delay for small cap and foreign private issuers continues to be good. Now the tough task of doing the job.
An excerpt from an article here from the Financial Times:
"The deferral means foreign companies that were due to comply after July 15 this year will have more time to learn from the experience of the large US domestic ("accelerated") filers.
This breathing space allows foreign filers to improve the quality of their Sarbanes-Oxley project, avoid unnecessary cost and capitalise on the opportunity to assign new priorities to other projects, notably those concerned with implementation of enterprise resource planning and other improvements to their internal-controls environment."
For the complete article, click here.
To learn how your company can rapidly and affordable comply with Sarbanes-Oxley, see www.issuescentral.com for more information about Sarbanes-Oxley Compliance Playbook(tm).
An excerpt from an article here from the Financial Times:
"The deferral means foreign companies that were due to comply after July 15 this year will have more time to learn from the experience of the large US domestic ("accelerated") filers.
This breathing space allows foreign filers to improve the quality of their Sarbanes-Oxley project, avoid unnecessary cost and capitalise on the opportunity to assign new priorities to other projects, notably those concerned with implementation of enterprise resource planning and other improvements to their internal-controls environment."
For the complete article, click here.
To learn how your company can rapidly and affordable comply with Sarbanes-Oxley, see www.issuescentral.com for more information about Sarbanes-Oxley Compliance Playbook(tm).
