The SEC announced on Friday, October 2, 2009 that the SOX deadline for Small Caps is pushed to June 2010. The effort by the regulatory body to make the compliance process easier for the Small public companies makes one wonder if the compliance requirement will ever stick. If so, Vonya Global has a proprietary methodology geared to help Small Caps and IPO's (newly listed public companies). SOX OnPOINT(TM) is a top-down risk based approach which streamlines the compliance effort and is consistent with the PCAOB Audit Standard Number 5.
http://www.vonyaglobal.com/sarbanes-oxley-sox-sarbox.html
The full release from the SEC can be found at: http://www.sec.gov/news/press/2009/2009-213.htm
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