Pcaob

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      SEC-PCAOB arm wrestle

      Posted by SoxFirst

      How bad is the relationship between the Securities and Exchange Commission and the Public Company Accounting Oversight Board? What are the tensions? Can they actually work together to protect the markets? Now we have insiders saying they hate each other.

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    • PCAOB action

      Posted by SoxFirst

      Big week for the PCAOB. First off, it pings Deloitte for audit violations, then it gives long overdue guidance for auditors to sort through the risks associated with the subprime credit situation in relation to fair value measurements.

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      PCAOB's global inspections

      Posted by SoxFirst

      The Public Company Accounting Oversight Board has a proposed policy statement that would allow it to rely hand over to its international counterparts inspections of non-US audit firms going over the books of US public companies.

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    • PCAOB slates audits of small firms

      Posted by SoxFirst

      With a looming Sarbanes-Oxley deadline for smaller companies, can smaller entities cope when there is an expected shortage of auditors? A Public Company Accounting Oversight Board report suggests they'll be struggling after identifying "significant and frequent deficiencies" in audits performed by smaller audit firms.

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    SoxFirst

    Member since Sep 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne