SOX Kicks In Next Week

| Posted in Security and Compliance

An eWeek article explains: Beginning next week, companies that have public float, or publicly owned shares, exceeding $75 million and that have fiscal years ending on or after Nov. 15 must comply with internal control reporting and disclosure requirements per Section 404 of the Sarbanes-Oxley Act of 2002. Companies with less than $75 million in [...]

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November 14th, 2004 | Jian Zhen | No Comments

SOX Summary

| Posted in Security and Compliance

One of the most talked about regulations these days is obviously Sarbanes-Oxley. Below is a quick summary of Section 302 and 404. Remember, if you are a CEO or CFO, don’t screw up. Otherwise you will be fined up to $1 million and/or up to 10 years in jail. Section 302 Proper documentation and disclosure [...]

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October 10th, 2004 | Jian Zhen | 1 Comment