Brownstein Client Alert, October 28, 2009
In October 2009, the Securities and Exchange Commission approved an extension of the deadline for non-accelerated filers to meet the auditor attestation requirement of Section 404 of the Sarbanes-Oxley Act of 2002 ("SOX"). Section 404(a) of SOX requires a public company to assess and report on the effectiveness of the company's internal control over financial reporting and Section 404(b) of SOX requires that an independent auditor attest to the company's assessment of the effectiveness of its internal control over financial reporting. To read more please click above.