SEC Approves New Guidance for Compliance with Section 404 of Sarbanes-Oxley
The effective date of the interpretive guidance and adopted rules will be 30 days from their publication in the Federal Register. The full text of the interpretive guidance and rules will be posted to the SEC Web site as soon as possible. The new auditing standard will be subject to Commission approval in the coming months after its adoption by the PCAOB and, if approved, is expected to be effective no later than for calendar year 2007 audits, with early adoption encouraged.
・2007.05.16 Board to Vote on New Standard For Audits of Internal Control
The open meeting is scheduled for 9:30 a.m. and will be held in the Board’s open meeting room at 1666 K Street, N.W., Washington, D.C. The meeting will be open to the public and will be Webcast via a link on the PCAOB’s Web site (www.pcaobus.org) that will be made available on the day of the meeting. The open meeting also will be available via podcast later in the day.