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Monthly Archives: November 2009
Crazy Eddie Says SOX Rocks!
Sam Antar, the CEO who led the Crazy Eddie fraud scheme, penned an article this week decrying the move in a Congressional committee to lift the provisions of SOX section 404(b) on small-cap companies. Here’s the article.
Posted in Government, Internal Control
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One Small Step For (Business)Man
A congressional committee last week passed legislation that would permanently exempt small public companies from the provisions of Sarbanes-Oxley section 404(b). These are the provisions that require small businesses to pay for a second audit each year. Small public companies … Continue reading
Posted in Government, Internal Control
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Audit Fees Skyrocket
A new study says audit fees skyrocketed in the turbulent path of America’s capitalism-regulatory complex implementing Congressional guidance following the passage of Sarbannes Oxley in 2002 (better known by its acronym SOX). While the study’s authors note that the substantial … Continue reading
