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New Financial Reporting Committee faces uphill slog.(GOVERNMENT)(United States. Securities and Exchange Commission)
Strategic Finance, August, 2007 by Barlas, Stephen
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One can only hope that Securities & Exchange Commission (SEC) Chairman Chris Cox's new SEC Advisory Committee on Improvements to Financial Reporting is a little more successful than his last advisory committee. That would be the one that made recommendations on how to make Section 404 of the Sarbanes-Oxley Act easier for small businesses to comply with.
Cox has essentially ignored most of the key recommendations that committee made in 2006. Robert C. Pozen, chairman of MFS Investment Management in Boston and former vice chairman of Fidelity Investments, will chair the new ...
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