auditing

Think Sarbanes-Oxley Only Applies to Public Companies? Think Again

Think Sarbanes-Oxley Only Applies to Public Companies? Think Again

The Sarbanes-Oxley Act has been part of the accounting world since 2002 when big corporate accounting scandals were making the headlines. Small business owners may think that the act is only applicable to public companies; that is, however, not the case. Parts of the act are applicable to all businesses, irrespective of their size. Mike Whitmire, CEO, and co-founder of FloQast, sheds some light on the matter.