Articles tagged: SOX
4 articles on SOX from the Top Floor insights library.
2026-08-23
SOX ITGC Deficiencies: When One Becomes a Material Weakness
Severity turns on a reasonable possibility of material misstatement, and PCAOB AS 2201 is explicit that it does not depend on whether a misstatement actually happened. Both panic reactions to an ITGC finding are therefore wrong. Here is how the judgment is really made.
2026-08-23
When Should You Start SOX Preparation Before an IPO?
Your first annual report after listing contains no report on internal control over financial reporting at all. Instruction 1 to Item 308 of Regulation S-K says so, and once you accept it the start date stops being a rule of thumb and becomes arithmetic.
2026-08-23
Does SOX Apply to Private Companies?
Two Sarbanes-Oxley provisions live in the federal criminal code and apply to whoever, not to issuers. A third protects the employees of a public company's contractors. The famous one, Section 404, does not apply to you, and that is the smallest part of the answer.
2026-08-16
SOX ITGC for First-Time Public Companies: What Auditors Test
SOX prescribes no control checklist. Management scopes the ITGCs, and whether an auditor attests to them depends on filer status: emerging growth companies and non-accelerated filers are exempt from 404(b) by statute. Here is what actually gets tested.