internal controls over financial reporting
Ex-EY Partner Sanctioned Over Inadequate Audit
The PCAOB says William Trainor improperly concluded he did not have to issue an adverse ICFR opinion for Forest Oil.
SEC Accuses Four Firms of ICFR Deficiencies
The companies allegedly failed to remedy material weaknesses in their internal controls over financial reporting for seven to 10 consecutive years.
SOX 404(b) Provides Investor Value After All
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
Research Refutes Sarbanes-Oxley Critics
A new study offers strong evidence of a link between auditor-identified weak internal controls and subsequent fraud cases.
Audit Fees Rise Again
Audit fees increased by a median of 3.2% in 2015, but the largest filers are keeping a lid on costs by improving internal controls.