In amendments effective April 2020, the Securities and Exchange Commission (SEC) exempts reporting companies with under $100 million in revenue from separate attestation of their ICFR (internal control over financial reporting) by an independent auditor. Auditors continue to review a company’s ICFR when performing an integrated financial statement audit with an auditor’s report.   These SEC amendments change accelerated filer and large accelerated filer definitions besides changing the separate ICFR attestation rule. The amendments specifically exempt those companies eligible to be smaller reporting companies, at least five years after IPO, with less than $100 million in revenue in the most recent fiscal year having audited financial statements.  In April 2012, the JOBS Act (and SEC) exempted smaller companies with under $100 million in revenues from separate ICFR attestation for the first five years after an IPO. The 2020 SEC amendments extend the exemption beyond the five years for smaller reporting companies not yet reaching $100 million in revenues. The intent is to reduce regulatory burdens for emerging growth companies.