The Company is required by NASDAQ Marketplace Rule 4350(b)(1)(B) to separately disclose in a press release the receipt of a going-concern auditor opinion
The SOC2 and SOC3 reports offer firms both the assurance and an independent auditor opinion
that a service provider's internal controls provide a level of security, availability, processing integrity and privacy in accordance with pre-defined AICPA principles and criteria.
This announcement is being made in compliance with NASDAQ Marketplace Rule 4350(b)(1)(B), which requires separate disclosure in a press release regarding the receipt of an auditor opinion
that contains a going concern explanatory paragraph.
Marketplace Rule 4310(c)(14) requires the Company's Form 10-K to include a properly executed independent auditor opinion
An auditor opinion
of these financial statements will be posted on the Company's web site (www.
reviewed the population of auditor opinions filed with the U.
The data for calendar year 2008 is estimated because not all registrants had filed their auditor opinions with the SEC when Audit Analytics conducted the research.
4 percent of auditor opinions will express an uncertainty regarding the auditor's going concern assumption, up from 20.
Speaking off the record, corporate executives said auditor opinions
shared in the ACLU forum "have been all over the place.
Finally, GAO discusses its views on the importance of auditor opinions on internal control over financial reporting.
GAO also noted six specific issues that are important to successful implementation of OMB's revised guidance and discusses its views on the importance of auditor opinions on internal control over financial reporting.
Prior to this vote, auditor opinions
on internal controls were to be dated as of the same date as their financial statement audit opinions.