Private Companies are Voluntarily Complying with Sarbanes-Oxley

Source: Partner Advantage Advisory

Private companies are citing the following benefits of voluntary compliance with Sarbanes-Oxley:

• Internal controls
• Governance procedures
• Ethics
• Best practices
• Whistle-blowers
• Independent audit committee
• Independent directors

Reasons they are making the decision include:

• Preparing for future problems or solving current ones
• Recommended by lenders, advisors, stockholders, vendors
• Preparing for future sale or public stock offering

What are these companies?

• Companies with revenues approaching $30 million and higher
• Fast-growing companies
• Service companies

From Partner Advantage Advisory, October 2005, p. 4. Hudson Sawyer Professional Services Marketing Inc. www.hudsonsawyer.com.

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