Comment on 19 year old files S1 (IPO prospectus) to raise $12,500 for his beer pong companyparentComments−tlrobinson16yIs sarbox such a burden that it would be difficult for a simple one person company to comply?−anamax16y> Is sarbox such a burden that it would be difficult for a simple one person company to comply?Sarbox is about reporting, not size The simplicity of his biz helps him some but he's responsible to the public for everything.−arethuza16yIt certainly would be interesting to see - some very strange things are done in the name of "SOX Compliance" and it would be nice to see what the absolute minimum that is required for the simplest possible company.
Comments
Is sarbox such a burden that it would be difficult for a simple one person company to comply?
> Is sarbox such a burden that it would be difficult for a simple one person company to comply?
Sarbox is about reporting, not size The simplicity of his biz helps him some but he's responsible to the public for everything.
It certainly would be interesting to see - some very strange things are done in the name of "SOX Compliance" and it would be nice to see what the absolute minimum that is required for the simplest possible company.