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Industry Insider
Sarbanes-Oxley - How It Affects Private Companies - For the most part, the reforms of the Sarbanes-Oxley Act of 2002, the broad legislation passed by U.S. Congress to control accounting abuses at public companies, are by their terms applicable only to "public" companies and their audit committees, auditors and attorneys. However, several of these requirements may also apply to private companies, like some community banks.
Inside the Byline - Learn about our leading investment industry contributors Clark Reed and John Blair.
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