audit firm news from FierceSarbox
News
How to work with your auditor
Here's a minor surprise: The auditor-auditee relationship seems to be improving, after some really tough years. A survey by CFO found that more than 60 respondents said the relationship is better Read more...
Former PwC auditor barred from industry
At what point does the audit firm deserve the blame? Former PwC account executive Robert Fish has been barred from the industry for at least a year because of his role in the troubled case of video Read more...
Audit committees wrestle with new powers
Just how activist should an audit committee be? That's a big question at many companies, even five years after Sarbanes Oxley was passed. At some firms, according to cfo.com, management still seems a Read more...
Companies fret about auditor-held information
The New York Times notes that more companies are worried that the information their auditors amass in the course of audits will somehow become public--to be used against them. In one suit recently, a Read more...
More on the evolving audit committee
A new study by professors at Boston College and Northeastern University sheds light on the evolving audit committee. At many companies, the audit committee has indeed become a more forceful player. Read more...
ALSO NOTED: Accountants sue PwC for overtime; The toughest CFO job in the world;
> The toughest CFO job in the world. Article > Courtroom revelations in TJX data Read more...
ALSO NOTED: Meridian Holdings sags includes odd Sarbox charges; BDO on a roll in U.K.;
> BDO on a roll in the U.K. Article > Smaller accounting firms faring better with Read more...
PwC ensnared in backdating controversy
The plight of Gary Gerhardt, former CFO of Engineered Support Systems, is a cautionary one for anyone in the compliance arena. Is informing your auditor, in this case Read more...
Sarbox rule to pressure small audit firms?
The Sarbanes-Oxley rotation rule was designed to make sure overly cozy ties do not develop between auditors and clients. It requires that accounting firms change the lead audit partner for a Read more...
ALSO NOTED: SEC to cough up data on small business costs?; mergers pose compliance challenges;
> I've been sticking to my line that you would be foolish to bank on another delay to Sarbox requirements for non-accelerated filers. But there are those who are not yet giving up the fight. Read more...

