Many firms may fail to comply with Sec. 404, SEC says.Many companies may fail to comply with Sec. 404 of the Sarbanes-Oxley Act See SOX. in time to meet the coming Nov. 15 deadline, said SEC Chief Accountant Donald Donald (Domnall, Domhnall, Dumhnuil, Dónall) is an anglicized version of a Scottish or Irish Gaelic personal name, containing the elements dumno "world" and val "rule", viz. "ruler of the world". Compare Dumnorix. Nicolaisen. "A number of companies will announce that they have material weaknesses in their controls," in the coming months, Nicolaisen said at a speech Oct. 7. The Sec. 404 requirement, which deals with internal controls, has been a costly endeavor for most large companies. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a survey by Financial Executives International, the average cost per company of first-year adj. 1. Being in the first year of an experience especially in a U. S. high school or college; - of a person. Adj. 1. first-year - used of a person in the first year of an experience (especially in United States high school or college); "a Sec. 404 compliance was nearly $2 million, or almost 12,000 internal staff hours. |
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