Is SOX Mandatory for USA Till 2007 Only 1945
ayanindia last edited by
I have just got a news that SOX is mandatory for USA till 2007 end only , from one of the Chartared Accounts in India. However I asked for the datapoint for the issue…he was unable to do so. I searched the internet but there was no authentic source to get the confirmation.
Can you tell me whether its a rumour? Please reply with few authentic data points.
You can also mail me at ayan.chaudhuri_at_genpact .com (please mark a copy at ayanindia_at_rediffmail.com ).
Thanks and Regards
EMM last edited by
I think your friend may be a little confused.
Is there a chance that he was referring to the fact it has been that the current audit standard for SOX is superceeded by a new standard (implemenation date not announced yet)
I would recommend looking at the PCAOB website [url]www.pcaob.org
in order to check if this is what he was referring to.
Chhaava last edited by
I think that you guys in India got confused about the concepts of due dates. All non accelerated filer are required to comply by 12/15/2007.
SOX is here to stay.
Denis last edited by
Either that or it is wishful thinking