Recently by Laurie Scofield
AS5 Aims To Boost The Efficiency Of The Internal Control Assessment Process
Earlier this year, the Securities and Exchange Commission (SEC) released guidance specifically for management on conducting an assessment of internal controls over financial reporting. However, the requirements for the external auditor under Public Company Accounting Oversight Board's Auditing...
Read MoreTaking A Comprehensive Approach To Fraud Prevention
On August 9, the Securities and Exchange Commission (SEC) issued proposed final rules and dates on Sarbanes-Oxley (SOX) requirements for smaller public companies. Relief from existing SOX requirements was not proposed. Regardless of regulatory uncertainty, however, all public companies can benefit...
Read MoreA Brief Q&A On Sarbanes-Oxley Compliance
Editor: Why is the control environment so important to an effective compliance system? Scofield: The COSO* model has the control environment as the foundation for any successful compliance system. Having built a strong system for compliance on the control environment, then everyone within the...
Read MoreNew Developments In Sarbanes-Oxley Compliance For Non-Accelerated Filers
Editor: Please tell our readers about your professional background. Scofield: I began my career working on traditional audit and tax matters at a small firm in New Jersey. After 10 years I moved to a firm in New York and focused on technology integration with an emphasis on process improvement....
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