
New Sarbanes-Oxley compliance process can save you money
Marmann, McCrary & Associates, P.C. has announced a process to allow small and medium sized public companies to comply with Sarbanes-Oxley (SOX) 404 requirements at a reduced cost while maintaining an acceptable level of risk.
"Our experience with SOX 404 compliance with the accelerated filers leads us to believe there is a better and more efficient method," said Larry McCrary, partner in the firm. "We took our experience in 404 compliance with large companies and followed the guidance from the Public Company Accounting Oversight Board (PCAOB) to develop an innovative approach for medium to small companies. This 'Top Down Approach' (TDA) helps these companies that are much more vulnerable to the financial impact of SOX 404 compliance," McCrary said.
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