Pcaob

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      More problems with the PCAOB

      Posted by SoxFirst

      The Public Company Accounting Oversight Board has lots of deficiencies. One of them is that it The provides little information to clients as to whether their auditors are up to scratch. Just another way of keeping investors in the dark.

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      SEC charges accounting firms

      Posted by SoxFirst

      The Securities and Exchange Commission has charged 69 accounting firms and individuals with violating Sarbanes-Oxley by failing by auditing public companies without registering with Public Company Accounting Oversight Board. Five years on, and you have to question how effective Sarbanes-Oxley is.

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      PCAOB roasts KPMG

      Posted by SoxFirst

      KPMG has been hauled over the coals by the Public Company Accounting Oversight Board for some pretty basic deficiencies. Read through the PCAOB report , and you realize we are talking Accounting 101.

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      Audit rules eased

      Posted by SoxFirst

      The Public Company Accounting Oversight Board has finally relaxed its contentious standard for auditing public companies. But the question is whether new eased-back standard for Section 404 is going to make everyone happy.

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    SoxFirst

    Member since Dec 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