As the deadline of March 15 approaches for US companies to report on their Sarbanes-Oxley compliance, the big accountancy firms say they expect one in ten to report serious difficulties.
The close to 5,000 US companies with fiscal year-ends of December 31 2004 have to report their annual reports with American regulators by March 15. Those reports will include company statements on the extent of their internal controls for the first time, and auditors’ statements on the effectiveness of those controls.
Thanks for your interest in Euromoney!
To unlock this article:
