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  • 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

  • Did Sarbox Make Companies Cleaner?

    Even as the SEC prepares to ease Sarbox 404 requirements, a new report credits 404 with lowering the number of errors finding their way into financial statements. December 13, 2006

  • The View from the Other Side

    Can IT live up to the CFO’s expectations for governance, compliance, and revenue generation? November 30, 2006

  • SAS 70 Weak on Data Security: Experts

    "If you’re depending on SAS 70 for assurances around information security, you’re depending on the wrong thing," says one vendor. November 27, 2006

  • SEC Enforcement Declines 8.9 Percent

    But the regulator went 10-0 in the courtroom this year, despite shrinking staffing levels. November 3, 2006

  • Fearful of Feds, Companies Investigate Themselves

    More than half of companies surveyed hired independent counsel in the past year to help with internal investigations, a move widely believed to reduce any punishment regulators might later mete out. October 26, 2006

  • COSO: Controls Help Is on the Way

    In September 2007, companies will be able to scan examples of ways to conduct an internal control assessment. October 23, 2006

  • Execs Still Waiting for 404 Help

    Viewing COSO as inadequate, finance chiefs are still using auditing standard to guide the way on internal controls, a survey reveals. October 13, 2006

  • CFO Act Agencies' Reporting Lags

    It's been 10 years since the Federal Financial Management Improvement Act was passed, and most government agencies are not meeting its requirements. October 11, 2006

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