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Today in Finance for October 23, 2007

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PwC Disputes Oversight Board's Report

(continued)

PwC contended here again that its audit procedures were adequate. "The level of testing of a forecasting process in the context of a goodwill impairment test is a matter of audit judgment," the firm wrote.


Reader CommentsDisplaying 1 of 1

  • David Newman

    Oct 22, 2007 7:38 PM ET

    Audit Errors and the Ethics of Money

    Expediency of audit work > effectiveness of audit work. This arises from the intensification of the labour audit … more

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