Restatements by SOX 404 Issuers - Audit Analytics Trend Reports

Restatements by SOX 404 Issuers

Restatements by SOX 404 Issuers - Audit Analytics Trend Reports
Restatements by SOX 404 Issuers
Published Dec 09, 2009
11 pages — Published Dec 09, 2009
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About This Report

  
Abstract:

Small companies claim that an auditor’s participation in a Sarbanes-Oxley 404 review is too costly. However, many believe that the costs are more than outweighed by the benefits investors and the stock market obtain. Financial restatement rates after a company claimed to have effective internal controls were 46% higher for companies that filed management-only reports as compared to those that filed auditor attestations. When an auditor is involved in the assessment, disclosures are provided to the public more promptly.

  
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Audit Analytics Trend Reports

Document ID
15
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Cite this Report

  
MLA:
Audit Analytics Trend Reports. "Restatements by SOX 404 Issuers" Dec 09, 2009. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Audit-Analytics-Trend-Reports/Restatements-by-SOX-404-Issuers-2033-14>
  
APA:
Audit Analytics Trend Reports. (2009). Restatements by SOX 404 Issuers Dec 09, 2009. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Audit-Analytics-Trend-Reports/Restatements-by-SOX-404-Issuers-2033-14>
  
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