Actuarial Requirement? 1814
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Hi
I am new here. I am wondering if it is true that under SOX a business/corporation has to change its actuarial firm every 2 years.
Thanks
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Hi and welcome to the forums Iโm thinking โNOโ on the need to change Actuarial firms, when this function is out-sourced. I could not find anything in a general search:
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handouts.soa.org/conted/cearchive/newyork05/129all.pdf
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Without any research, the answer is no. Any of the usual suspects please correct me if Iโm wrong. No need to reserch online.
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lol - Youโre never wrong Milan There might be some type of other recommendation to change firms, but this is too unusual to be SOX related.
P.S. Well, maybe occasionally one of our SOX experts can make a mistake, as weโre all human
No need to reserch online.
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Thanks for the info
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Agreed. No such requirement.