The Public Company Oversight Accounting Board (PCAOB) has sent out cost details for companies that need to comply with the Sarbanes-Oxley Act of 2002.
The account support fees will affect publicly listed companies, investment companies and other equity issuers; over 8,500 companies will be notified.
The accounting support fees are based on the average monthly US market capitalization of the equity issuer. Just under two-thirds will pay under $1,000 or less to the PCAOB, while the top 1,000 equity issuers will pay 87% of the total fees due.
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