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[print version]
Following recent scandals, “internal control” is now mentioned much in the press. Also mentioned is the Sarbanes-Oxley Act of 2002 and its Section 404, which pertains to internal controls. Putting aside compliance, private companies can derive the same benefits from enhanced controls as public companies. So, while the law applies to public companies, the benefits for private companies can be very significant. This report, prepared by PricewaterhouseCoopers, covers a wide range of issues pertaining to controls for private companies, including best practices.
[print version]
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