A who’s who of corporate governance will convene in Washington, D.C., this week for a much-anticipated summit meeting on the state of Sarbanes-Oxley compliance, as regulators try to gauge how compliance has evolved in the last two years and what further steps they might need to take to make the process more efficient.
Billed as a “roundtable discussion” with issuers, investors, auditors and others, the Securities and Exchange Commission and the Public Company Accounting Oversight Board want to gauge whether or not assessment, reporting and auditing processes around SOX grew any easier for accelerated filers in 2005, their second full year of SOX compliance. The meeting, to be held May 10, has been expected for months and prompted a deluge of public comment to the agencies in the last few weeks.
