Costco Warns of Material Weakness in Controls
The warning related to IT systems that "support the company’s financial reporting processes" drove Costco's stock down 2.4%.
Which Acquisitions Will Generate Negative Stock Returns?
If the acquiring company elects to exempt the target from Sarbanes-Oxley Section 404 internal controls attestation, negative stock returns may follow.
WageWorks to Restate Results, CFO Resigns
The benefits company's internal investigation found “a material weakness in its internal control 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.
Restarting the IPO Market
To get the initial public offerings market going again, issuers may have to make their deals more enticing to investors.
SunEdison Again Delays Filing of Annual Report
The renewable energy firm cited "material weaknesses" in its accounting caused primarily by "deficient information technology controls."
Stopping the Madcap Sprint to Close the Books
Continuous accounting can put an end to the recurring nightmare accountants experience.
Emerging Growth Companies Dominating the IPO Market
Companies going public are taking full advantage of the JOBS Act's relaxation of some filing rules.