SEC, PCAOB Promise New Internal Control Guidance

he staffs of the Securities and Exchange Commission and the Public Company Accounting Oversight Board are churning new guidance on how companies can better navigate the internal control provisions of The Sarbanes-Oxley Act of 2002. That’s the promise of those agencies’ respective chairmen, made at a packed SEC roundtable event last week. The PCAOB has promised guidance by mid-May, while the SEC offered no precise timeline.

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