On form 8-K, companies must reveal things like corporate control changes, a new auditing firm and director changes.

FORBES: Confidence Crisis, Business Boon

For another, having a rival helps raise Traq's profile--perhaps attracting a buyer in the form of a larger, established firm that specializes in auditing conventional telecom expenses, such as ProfitLineor Teldata Control.

FORBES: Cell Cop

Under Auditing Standard 5, passed in mid-2007, the audit of internal control over financial reporting is now integrated with the audit of the financial statements.

FORBES: The State of Sarbanes-Oxley Compliance According To Protiviti