On Friday, September 26 from 1:00 to 2:00 pm EDT, a free webinar
entitled "Lessons Learned: First Year SOX Compliance Results for
Smaller Public Companies" will be sponsored by Lord &
Benoit, a SOX research and consulting firm. Free registration is
available online at https://www1.gotomeeting.com/register/769518932.
This free webinar will last approximately 60 minutes and will review the
results of first-time SOX smaller public filers with market
capitalizations under $75 million who were granted a number of
compliance delays until year-ends 2005, 2006, July 2007 and Dec 15, 2007.
The timely question is, "Did the extra time delays pay off?"
CPAs, CFOs, Controllers, SOX Compliance Consultants, Accountants and
other financial professionals will benefit by understanding the current
Section 404(a) non-accelerated filer first time results. Topics covered
will include:
·The percentage of adverse reports for smaller
public companies / comparison to accelerated filers.
·The number of smaller public companies that
were non compliant.
·Is there confusion with legal and outside
auditor as to professional requirements?
·The rate of ineffective, non-existent or
under staffed audit committees.
·Issues with competency, training, tone at
top, ethics.
·Impact of GAAP departures, Ineffective design
of controls and reliance on outside auditors for material auditor
adjustments.
·Impact on Information Technology (SOX IT).
·A review of the Section 302 and Section 404
reports side by side for same companies.
CFOs will come away with a better understanding of the issues facing
Smaller Public Companies and the risks of non-compliance with the
Sarbanes-Oxley Act.
Presenter Bob Benoit is the President of Lord & Benoit, LLC, a firm
focusing on SOX compliance for small to mid-sized public companies. In
addition to his position with Lord & Benoit, Bob serves on the COSO
Monitoring Project Task Force and the AICPA Peer Review Acceptance Board
in MA. He is the author of the Lord & Benoit Reports, which have been
referenced by the SEC, PCAOB, Wall Street Journal, Business Week, all
Big 4 firms and over 100 newspapers.
Lord & Benoit
Robert Benoit, 800-404-7794 ext: 204
President
and Director of SOX Research
BobB@LordandBenoit.com