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Can Textron Keep Its Secrets?
This summer, Textron's tug-of-war with the IRS over tax accrual work papers will head to the U.S. Court of Appeals. The decision could determine what company's are allowed to keep private. April 23, 2008
For the PCAOB, It's "Independence Day"
New rule changes are designed to define terms and reduce conflicts of interest among auditors. April 22, 2008
PCAOB Pings Grant Thornton on Lax Testing
In its latest inspection report on the second-tier firm, the auditor watchdog notes several instances of insufficient probing. April 15, 2008
PCAOB's Gradison: Let's Get Cracking on Convergence
A board member for the audit-firm watchdog pushes for the commingling of U.S. and international auditing standards. April 11, 2008
What Price Fair Value Assumptions?
FAS 157 is making auditors and investors eager to find out more about your company's third-party pricing data. April 10, 2008
Audit-Rules Convergence Plays Catch-Up
Settling on a single set of auditing standards worldwide gets a lot less attention than the commingling of accounting standards, but is gaining ground. April 8, 2008
The state of the audit/non-audit fee debate. April 7, 2008
Charges vs. Ex-Andersen Auditor Dropped
After two mistrials, he and a former accounting manager for Peregrine Systems are off the hook for alleged securities fraud. April 2, 2008
Crunching the Words
New software purports to give auditors clues as to when executives' public statements indicate that fraud may be at hand. April 1, 2008
The GAO's David Walker
Why he decided he could spread the word about the government's fiscal maladies more effectively by moving to private life. April 1, 2008