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GAO Wants Inflation-Adjusted Bite in Tax Penalties
Accountability investigators say Congress could increase the deterrent for late-filing companies and other abusers, while boosting revenues. September 24, 2007
COSO Needs a Cookbook
The standards-setter comes out with guidance on how finance execs can monitor internal controls. What's lacking? Practical detail. September 18, 2007
One for Three
Should governance, risk management, and compliance be tackled as one problem, or is this a classic case of scope creep? September 1, 2007
Thank You for Smoking
The tobacco industry, the most vilified sector in the world, is in rude health. September 1, 2007
Chilling Thoughts
A new study compares companies here and abroad, and concludes that Sarbanes-Oxley appears to have put a damper on risk-taking by U.S. firms. August 8, 2007
J-SOX Nation
CFOs and controllers at U.S. subsidiaries of Japanese firms begin implementing the Japanese version of Sarbanes-Oxley. June 22, 2007
FAF to Governor: Veto GAAP Bill
The Financial Accounting Foundation urges Connecticut Governor Jodi Rell to throw out a bill that names the state comptroller the keeper of GAAP. June 20, 2007
Whistle-blowers Never Win
Of nearly 1,000 employees who have claimed Sarbox whistle-blower protection, many have seen their cases dismissed, and some have settled. But not one has ultimately prosecuted their case successfully. June 8, 2007
Ding-Dong, AS2 Is Dead
The PCAOB has killed its reviled internal-control standard. Now it's up to the SEC to pronounce it officially dead. May 24, 2007
SEC: Guidance Yes, Extension No
Agency offers long-sought help with Section 404, but tells small companies they'd better file on time. May 23, 2007