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Compliance w/Sarbanes-Oxley Act

Sarbanes-Oxley applies to all public co.s; completion in Oct '03?

         

homegirl

7:07 pm on May 14, 2003 (gmt 0)

10+ Year Member



Credit to Hollywood for first posting the link to this article first (on Forbes):
[forbes.com...]

If you haven't read it yet, the big tease occurs at the penultimate paragrah-

Downstairs, past a Google grand piano and a few big plastic balls, Chief Executive Schmidt convenes a meeting of two dozen managers for a project they refer to as "Keeping Eric Out of Jail." They are altering Google's billing and accounting systems to comply with the new Sarbanes-Oxley Act--a law that applies to all public companies but no private ones. It may take until October to comply, but Schmidt's urgency is palpable.

Why comply? Keeping all options open and the market guessing? ;-)

jeremy goodrich

7:14 pm on May 14, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Ya, we had a few posts on that one last week:
[biz.yahoo.com...]

Pretty interesting, uh? Wonder if that means they are going IPO this year. :)