Re:The Worst Ideas of the Decade - Sarbanes-Oxley
by joubert on Monday December 21, 2009 @03:03PM
(#1008481)
So maybe this just opens up the market for more small CPA firms?
Re:The Worst Ideas of the Decade - Sarbanes-Oxley
by tptacek on Monday December 21, 2009 @03:06PM
(#1008490)
If VC's and F-500 acquirers aren't going to accept results from small CPA firms, then increasing the supply of small CPA firms will only indirectly help startups.
Re:The Worst Ideas of the Decade - Sarbanes-Oxley
by joubert on Monday December 21, 2009 @03:32PM
(#1008550)
I wonder which CPA firms VC's typically use today?
I'd be curious to see to what extent these non-small CPA firms latch SOX reporting requirements onto their audits or other engagements for VC's.
A similar thing happened with security audits. Huge demand from large companies with extreme requirements has definitely raised the cost of assessments for small companies.