Last week, 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. (Click here for details). This week, we talked with Lynn Edelson, the Global Leader for the Systems and Process Assurance practice at PricewaterhouseCoopers, about the implications of the delay, and the status of most companies’ compliance efforts.
Last week, rumors of a Section 404 delay became fact. How do you think it will impact company processes?
