Earlier this month, the SEC extended the compliance date for the internal control provisions of Sarbanes-Oxley. Accelerated filers will now need to comply for their first fiscal year ending on or after Nov. 15, 2004. The original compliance date was June 15.
This week, we talk to Jefferson Wells CEO Owen Sullivan — whose firm provides internal auditing and compliance services for hundreds of companies — about the implications of the delay, and the status of most companies’ compliance efforts.
