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Fraud Detection: The New 404?
The PCAOB slams auditors for poor fraud detection. Corporations can expect steep audit fees to follow. February 15, 2007
Study: Sarbox Curbs Fraud Whistleblowing
Despite the 2002 law's whistleblower protection provision, employees have been less likely to come forward with fraud concerns. February 13, 2007
How Politics Trumped Finance in New York
Statehouse skills (and the desire to stick it to Eliot Spitzer) prove more important than accounting, auditing, and pension acumen in the choice of a state's chief financial officer. February 9, 2007
A Truce in the Sarbox Tech War?
Will companies and their auditors ever agree on how to test information technology systems for Sarbanes-Oxley compliance? The Institute of Internal Auditors hopes its new guidelines on IT controls will help. February 9, 2007
Sarbox on Ice?
True or false: The SEC, the PCAOB, and Congress are lightening up on Sarbanes-Oxley and legal liability. February 1, 2007
Top Ten Signs the Pendulum Has Swung
With Sarbanes-Oxley under fire, regulators, Congress, and the courts seem primed to ease up on post-scandal reforms. January 30, 2007
Q&A: The PCAOB's Charles Niemeier
A behind-the-scenes look at the accounting oversight board's auditor inspections reveals why they're so hush-hush. January 26, 2007
Why the Big Four Are Still a Big Mystery
Critics say the PCAOB's latest round of inspection reports are too vague and released one year too late to tell the public what kind of job the large audit firms are doing. January 26, 2007
Failing Grades for E&Y, KPMG
PCAOB inspections reveal the Big Four auditors were tripped up on auditing procedures related to run-of-the-mill GAAP items. January 12, 2007
AS5: Clarification or Confusion?
The PCAOB says its replacement for Auditing Standard No. 2 will focus auditors on only the most important controls and technology. But it could just create more confusion. January 12, 2007