The Financial Times reports today that the proposal is under review by the SEC, a move that would go some way to assuage the concerns of US-listed companies currently finding comliance with the new rules very expensive.
Two weeks ago, during a speech at the London School of Economics, SEC chief William Donaldson indicated the SEC would consider extending the deadline from July of this year to November.
The latest news would offer foreign SEC registrants an extra year to get their internal control arrangements in order.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned