UK companies with US listings are battling to make sense of new
Sarbanes-Oxley implementation rules amid confusion over whether they would be
granted more time to comply with the rules.
Earlier this week the Securities and Exchange Commission said it would allow
smaller US companies more time to comply with Sarbanes-Oxley section 404,
prompting speculation that foreign businesses could be allowed similar
When SEC chairman Christopher Cox announced the exemptions for small
companies, he was unclear over what the implications would be for foreign
Cox said the SEC ‘might or might not’ extend the Sarbox deadline for overseas
companies, the Financial Times reported. Another SEC official said: ‘We
don’t know for sure.’
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements