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|Complying with the Sarbanes-Oxley Act Audit Compliance Deadline Proving Costly to Companies|
The Washington Post; subscription may be required
Nov. 15, 2004
Excerpt: Some of the nation's biggest companies face a deadline today for completing reviews of their internal financial controls, a labor-intensive, costly effort that has created intense friction between corporate managers and auditors. Top regulatory officials repeatedly have warned that a significant minority of companies, from a few hundred to a thousand, may report serious weaknesses in their fiscal checks and balances, which could have repercussions in the price of stock shares.
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