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Sarbanes-Oxley News
Article:
Regulators asked for Sarbanes-Oxley costs
The SEC and the Public Company Accounting Oversight Board recently announced revisions to the Sarbanes-Oxley Act (SOX), with additional guidance for the Section 404 internal controls provision. These revisions are intended to reduce costs and lessen the burden of SOX compliance. Two members of the House Small Business Committee want to know how much these revisions to SOX compliance requirements are expected to save small companies, though. The SEC has not yet responded to this request specifically. A member of the committee has also requested another year delay for small companies to achieve SOX compliance.
The Sarbanes-Oxley News Article
About OpenPages
OpenPages is the leading provider of Governance, Compliance and Risk
Management solutions
for Sarbanes-Oxley Compliance, Financial Controls Management, General
Compliance Management, Operational
Risk Management and IT
Governance.
The company’s solutions provide the visibility, decision support and
control to improve accountability, better manage risk, achieve compliance
with numerous regulations, improve operational performance and align strategies
to ensure better results.
Market-leading corporations in financial services, manufacturing, telecommunications,
media/entertainment, retail/consumer, energy, high technology, health services
and life sciences rely on OpenPages to help them achieve sustainable governance,
risk and compliance management -- enabling them to become well-governed businesses.
Founded in 1996, the company is headquartered in Waltham, Massachusetts, with
regional offices throughout North America and international offices in London, Munich, Paris, Tokyo and Hong Kong.
For more information on OpenPages' suite of business governance software solutions
or to register for an online demonstration, please call 781-693-5999 or visit
www.openpages.com.
Reynolds American Selects OpenPages FCM for Sarbanes-Oxley Compliance.
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