In conjunction with the worldwide implementation of SAP and the increased importance of process standardization, the organization has taken on an initiative for global process improvement," says Lovcik, and she'll be one of the individuals to lead that effort as she moves from her 404
Magurno joined Dow's Sarbanes-Oxley Section 404
Implementation Team in early 2004.
Therefore, the good news is that reinstituting tried-and-true internal auditing helps compliance with Sarbanes-Oxley Section 404
, and thus is well worth it.
Many businesses are now realizing that a key challenge of Section 404
compliance is not simply meeting this year's July 15 deadline for non-accelerated filers, but doing it completely and consistently every year from now on," said Robert Miller, senior audit manager at Braver and Company, P.
For more on how 20 large companies have implemented Section 404
, and how they plan to comply in the future, see the FERF Executive Report, Sarbanes-Oxley Section 404
Implementation: Status on Structure, Process and Sustainability.
As of May 15, 2005, 2,963 accelerated filers have disclosed their Section 404
Impending deadlines drove many Section 404
projects, with little time devoted to long-term planning.
This new guidance will help our member companies save money and ease the unnecessary and unfair burden Sarbanes-Oxley Section 404
has placed on companies of all sizes.
So, as part of the Countdown aimed especially at companies that close their books after November 15, the 404
Institute is hosting a series of educational and informational programs, including webcasts with recognized industry experts and Web-based presentations on compliance issues.
The attestation report has been delayed by a number of factors, namely the extensive time and effort necessary to complete the restatement of prior period financial statements and the 2004 audit, which were completed less than 40 days ago, and the extensive documentation and signoff processes required for Section 404
by the Company's independent registered public accounting firm.
To this end, the accounting profession is emphasizing the need to communicate with and educate investors and other stakeholders in anticipation of the 404
On May 4, 2005, the Company received a notice from the Listing Qualifications Department of The Nasdaq Stock Market stating that due to the Company's failure to timely file the 404
Report, it was no longer in compliance with the requirements of Marketplace Rule 4350(c)(14) (the "Rule").
Exchange (NASDAQ OMX) at the average exchange rate of 404
,23 AMD/$1 USD.
Day of Coordinator: Sashay Events of Atlanta, GA, 404
The Environmental Protection Agency (EPA) has undertaken a concerted effort over the last several years to expand its authority under the Federal Water Pollution Control Act or Federal Clean Water Act (CWA), especially the dredge and fill permit provisions under Section 404