Ready or not, the Dec. 15 deadline for non-accelerated filers to start complying with Section 404 of the Sarbanes-Oxley Act is fast approaching—and this time, the odds that small companies can avoid compliance yet again are small.
The Securities and Exchange Commission has issued its final changes to help companies meet their 404 compliance obligations, and affirmed that no more deadline extensions are coming. Bills floating through Congress may pre-empt that decision in favor of another year’s delay, but experts say too little time now remains for companies to bet on that outcome.
