audit firms news from FierceSarbox

A new study from Financial Executives International has found a steep drop in the costs of Sarbanes-Oxley Section 404 compliance. The average cost was $1.7 million during fiscal 2007. It's hard to Read more...

Once again, we can ask: Wasn't Sarbanes-Oxley supposed to prevent this? Mortgage fraud has been front-page news. A 581-page report by a bankruptcy court examiner has found that New Century--a Read more...

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...

In many ways, internal auditors fared well in the early years of Sarbanes Oxley. According to cfo.com, their stature has risen as they come into more contact with audit committee members and senior Read more...

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...

Most of the talk about AS5 has noted the many hoped-for benefits, a streamlined, less confused approach. But there is an obvious litmus test: audit fees. One would expect a fairly dramatic decline. Read more...

> PCAOB lists 11 things small audit firms need to look out for. Article> Advice: Sarbox costs here to Read more...

Blue ribbon-type committees are usually formed in the wake of some perceived crisis, like the nation's financial competitiveness. Sarbanes Oxley has been one reason for the spate of committees that Read more...

Given the looming shortage of talent at top audit firms, Ernst & Young has come up with a novel idea. It will host a competition among students to create the best videos around the theme "Why Read more...

You've heard a lot about what a great time it is to be in finance and compliance, especially if you combine your knowledge with IT skills. You've also heard a lot about a seeker's market and great Read more...