Securities and Exchange Commission: Internal Control Over Financial Reporting in Exchange Act Periodic Reports of Non-Accelerated Filers
GAO-08-998R: Jul 16, 2008
- Full Report:
GAO reviewed the Securities and Exchange Commission's (SEC) new rule on internal control over financial reporting in Exchange Act periodic reports of non-accelerated filers. GAO found that (1) the final rule further postpones the application of certain requirements under the Sarbanes-Oxley Act of 2002 to companies that are non-accelerated filers; and (2) SEC complied with the applicable requirements in promulgating the rule.