Auditing

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  • Education Lags Behind IFRS Momentum

    Accounting professors predict they'll need at least two years before they can ready students for widespread use of international standards. Don't expect the first knowledgable class until 2011. September 4, 2008

  • Death by Committee?

    As SEC and Treasury Department committees on financial reporting and auditing near their conclusions, it looks like the former may be more fruitful than the latter. September 1, 2008

  • Small-Biz IFRS: Sarbox Deja Vu

    For the smallest of public corporations, is it a savvy business move to take a wait-and-see attitude — or just a case of procrastination? August 29, 2008

  • Blame Game: A Jury Tackles CFO-CEO Fraud

    Hayes Lemmerz trial suggests that when the two top executives face SEC accounting-abuse charges, the CFO's expertise can hurt. August 29, 2008

  • Big Four: Get a Head Start on IFRS

    The SEC's proposed timeline gives credence to a call by auditors for companies to start paying attention to international accounting rules. August 28, 2008

  • The End of GAAP Could Begin Next Year

    The SEC suggests that some companies could forgo GAAP by the end of 2009, and that all companies may have to do the same by 2016. August 27, 2008

  • Changes to Declarations of Independence

    The SEC agrees to the PCAOB's new rules requiring audit firms to disclose possible conflicts of interest before taking on a client. August 26, 2008

  • SEC to Reveal IFRS Start Dates This Week

    The commission's unveiling of the long-awaited proposed timeline, guiding U.S. companies in switching to international accounting standards, would intensify the debate. August 25, 2008

  • Whistleblowers Gone Wild? For Cash, Sure

    Some oppose an IRS policy that could grant fraudsters rewards for their own wrongdoing. An early test case: between the CEO and ex-CFO of "Girls Gone Wild." August 21, 2008

  • PwC Rejiggers Its Member Firms

    By grouping its firms by region, the accounting firm hopes to improve its business in emerging markets. August 20, 2008

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