SEC gives SOX relief to smaller firms
The SEC approved a new accounting standard that would lower costs on Sarbanes-Oxley compliance.
The Securities and Exchange Commission yesterday approved a new accounting standard that would lower costs on Sarbanes-Oxley compliance.
The new rule, the Public Company Accounting Oversight Board’s Auditing Standard No. 5, was approved by the SEC in a 5-0 vote.
It provides guidance for sma
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