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Putting Auditor Judgments under a Microscope
The PCAOB's advisory group tears apart an SEC group's proposal to give guidance to auditors and managers in defending their decisions. February 27, 2008
Can Bob Herz Make the Trains Run on Time?
The Financial Accounting Standards Board's parent outfit gives the FASB chairman more power to rule over a trimmed-down board. February 27, 2008
PCAOB: Auditor, Audit Thyself
The board has proposed a new standard for accounting firms' internal reviews. February 26, 2008
Telling Auditors How to Audit Themselves
The PCAOB will consider proposing a new standard for audit firms' internal evaluations. February 22, 2008
Deloitte Nears End of Delphi Ride
A federal judge will make a final ruling on the plan by the auto-parts company's auditor to settle a class-action lawsuit for $38 million. February 21, 2008
IFRS: No Longer If, but When
The SEC will release a time line later this year for allowing U.S. companies to use international financial reporting standards. February 8, 2008
The Revenue-Recognition Rules Paradox
Technology-company CFOs see GAAP rules as more logical than those of IFRS — even if using the U.S. standards puts them at a competitive disadvantage. February 5, 2008
Auditor Road Show: "What Are You Thinking?"
The Center for Audit Quality's Cynthia Fornelli hits the road to survey CFOs and investors. February 5, 2008
Sarbanes in Switzerland?
A change in company audit law evokes comparisons with Sarbanes-Oxley. February 4, 2008
Attempting to Answer the $91,000 Question
The figure often cited as the cost of Section 404 compliance for small companies is not correct, according to a new study, which claims the real figure is lower. Many beg to differ. February 1, 2008