accounting news from FierceSarbox

> Software for "green" auditing? Article> Ex-CFO of Monster charged in options backdating case. Read more...

Here's another one of the unintended consequences of Sarbanes-Oxley: Arena Resources is among the many oil and gas companies that hires experts to estimate how much oil they have in reserves. But in Read more...

Computer Technology Review brought together three experts to discuss compliance, e-discovery and relevant IT issues. One question was about the "pain points" that companies likely will feel this Read more...

The massive Biovail settlement calls for the biomedical firm to pay $10 million to settle a slew of financial fraud charges with the SEC. The Read more...

Lord & Benoit, in a report, says that smaller companies face myriad Sarbox challenges, especially those moving up from start-up status. It lists the top ten threats to compliance: (1) Accounting Read more...

> PCAOB to move ahead on Sarbox-mandated engagement standard. Article > Three more restatements Read more...

The effects of the subprime mortgage begs an obvious questions: wasn't Sarbanes Oxley supposed to prevent these sorts of things? The wrong-doing in the mortgage market is clear enough that people are Read more...

We've noted that accounting as a profession has been given a boost by Sarbanes Oxley. To get a bit more specific, internal auditors have been enjoying something of a bull market for their services. Read more...

It seems the Securities and Exchange Commission has been on a letter writing binge. In the Sarbanes Oxley era, SEC-penned letters to registrants soared--from 624 in 2004 to 4,892 in 2006. But this Read more...

Well, at least the PCAOB is consistent. It has made sure the industry aware that it approves of auditors using the work of others in its 404 evaluations of clients. Now, the PCAOB is apparently Read more...