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May 25, 2007
PCAOB Eases Auditing Standard on internal Controls
PCAOB voted to reduce the costs of auditors' internal controls reviews mandated by Sarbanes Oxley section 404. The changes are subject to SEC approval, which earlier this week issued management guidance reducing the burdens of complying with section 404. See WSJ, Sarbanes-Oxley Audit Rules Likely to Ease.
May 25, 2007 in News Stories | Permalink
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