• PCAOB Proposes a New Auditing Standard -- Reporting on the Elimination of a Material Weakness
  • April 15, 2005
  • Law Firm: Nixon Peabody LLP - New York Office
  • Most accelerated filers with calendar year ends have survived the first Sarbanes-Oxley Section 404 internal controls audits, in one fashion or another, and filed their Form 10-Ks for 2004. While many companies were able to complete their dual audits of financial statements and internal controls in time to file by March 16, 2005, some relied on the automatic fifteen day extension obtained by filing a Form 12b-25 and filed their 10-Ks by March 31, 2005.