NewsCloud.com Audit News

Failed audit in Iraq

THE US Army can't account for the billions of dollars it's paying contractors in Iraq.

Audit deficiencies

An analysis of the Public Company Accounting Oversight Board s work reveals some of the most common auditing mistakes by firms, including the big ones.

Audit squeeze

More evidence that Sarbanes-Oxley ahs been a bonanza for accountants. Median fees earned by the world's top auditing firms shot up by 345 per cent in the five years to 2006. Now, more attention is paid on compliance work and internal control testing. Extra work created by Sarbanes-Oxley.

SEC-PCAOB arm wrestle on accounting rules

Nearly five years after Sarbanes-Oxley was brought in, US regulators are still trying to sort out how much testing accountants will have to do in corporate audits. The Securities and Exchange Commission is trying to strong arm the Public Company Accounting Oversight Board

Accountants go defensive

Accountants might be cleaning up big time from Sarbanes-Oxley and all the other corporate governance regimes around the world, but increased scrutiny and threats of litigation are taking their toll. That's why they have created a new non-profit organisation to look after their interests

NewsCloud.com Audit News

Failed audit in Iraq

More problems with the PCAOB

Audit deficiencies

Audit squeeze

SEC-PCAOB arm wrestle on accounting rules

Accountants go defensive