Tuesday, July 24, 2007

More refinements urged before Sarbanes-Oxley vote

(Reuters) - The U.S. Securities and Exchange Commission and the Public
Company Accounting Oversight Board, which polices corporate
auditors, recently approved new guidelines aimed at reducing
costs for complying with the rule's internal control section,
known as Section 404.




The SEC will vote on Wednesday on whether to approve the
new standard, called Auditing Standard No. 5, or AS5, for
auditing internal controls under Sarbanes-Oxley.


Read more at Reuters.com Government Filings News

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