Illustration of the SEC proposal raising the large accelerated filer threshold to $2 billion and reducing SOX 404(b) auditor attestation for public companies
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SEC IPO Reform: Accelerated-Filer Threshold & SOX 404(b)

BySW Accounting admin

What did the SEC propose to make going public easier? The U.S. Securities and Exchange Commission issued a set of proposed rule changes intended to encourage IPOs. The headline item: raise the threshold to be a “large accelerated filer” from $700 million to $2 billion in public float (the higher status would have to be…