News Formal

SEC Moves to Ease Audits for Smaller Companies

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

The SEC advances another plan to make it more attractive for smaller companies to go public

WASHINGTON—The Securities and Exchange Commission voted 3-1 on Thursday to advance a proposal that would exempt public companies with less than $100 million in annual revenue from regular outside audits, part of a broader effort to entice more companies to go public.

Under the plan, smaller public companies such as those in the health care, information technology and biotech industries would get a pass from outside audits of their systems for preventing accounting errors and fraud, easing rules put in place nearly two decades...

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 98. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Interesting, Is the cost of an audit from a public firm that much though? I would be interested in any other studies or analyses weighed against the cost to any investors.

Elizabeth Warren, are you watching this SEC move?

Uhhh, there must be a better way to accomplish this than easing FRAUD audits

What?

Why?

The plan is to allow these 'smaller' companies to bamboozle the unwitting public - and then, of course, blame losses on the stupidity of investors.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

No settlement expected in $27 million SEC 'market manipulation' case, court filing saysFlorida businessman Barry Honig appears to no longer want to settle with the SEC in a case it called 'classic pump-and-dump schemes,' according to a Tuesday filing. Why drag Derek Jeter into this?
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

A Slack director is in hot water with the SEC for saying the company, which just filed to go public, 'will be one of the most important tech companies in the world'Slack says one of its directors made 'unauthorized statements' which may violate 'quiet period' rules in its IPO. Should've pulled a Musk...y'know; be white.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

A Slack director is in hot water with the SEC for saying the company, which just filed to go public, 'will be one of the most important tech companies in the world'Slack says one of its directors made 'unauthorized statements' which may violate 'quiet period' rules in its IPO. Should've pulled a Musk...y'know; be white.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »