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Countrywide on the hot seat

Countrywide has no choice but to promise to do better. As the people increasingly question the wisdom of Bank of America's plans to purchase it, it faces criticism in other areas that get to internal Read more...

Internal auditors expanding scope of duties

It's fair to say that in the Sarbanes-Oxley area, internal audits focused on financial risks and related controls. But some have discerned that this focus came at the expense of other issues, such as Read more...

Unintended consequences watch: Oil industry reserves

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...
Tags: earnings   audits   accounting  

One way to profit after compliance lapses

"... You can't legislate ethical behavior." So says Walter Pavlo Jr., who was jailed for embezzling $6 million from MCI in 2001. What does he do know? Why he's on the speaking circuit of Read more...

Templates for internal controls

Chances are your don't have a controller at your firm. Some of you don't have a CFO or dedicated compliance exec. But you do have some internal control issues. So how do you get started? In such Read more...

Is the Sarbox hiring boomlet over?

People jokingly refer to Sarbanes-Oxley as the full employment act for accountants. Clearly, a lot of accountants, as well as finance and IT types, owe their jobs to the law. But the San Francisco Read more...

Profile: RoseRyan finds a niche

We've all heard about the incredible hiring frenzy underway at the Big Four, the soaring pay for audit talent, and Sarbanes Oxley as the "No auditor left behind act." There's a lot of opportunity out Read more...

PCAOB to rely on overseas counterparts?

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...

ALSO NOTED: Stumped for more ethics training?; Deloitte launches Asia forensics team;

> Conrad Black gets 6 1/2 years. Article> Survey: Nonprofits embrace Sarbanes Oxley. Read more...