Four out of every ten US multinationals would be unable to comply with the SEC regulations on quarterly and annual reports if they were implemented immediately, concludes a recent report by Pricewaterhouse Coopers. SEC rulings to be implemented by 2005 dictate that corporates must file quarterly reports in 35 days and annual reports within 60 days of the period end.
In response to the rulings 59% of respondents to the survey said they would use their existing infrastructure while 29% plan on upgrading their reporting systems ? 8% will opt for increased investment in IT.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
