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XBRL standards body stokes worry

Most people think XBRL is pretty good idea. But not everyone thinks the tag standards should be set by XBRL US, a non-profit group comprising top accounting firms KPMG, PricewaterhouseCoopers, Ernst Read more...

ALSO NOTED: Deloitte's take on GRC software; Sarbanes laments SEC funding;

> Deloitte's take on GRC software. Article > E&Y: Bribery on the rise. Read more...
Tags: SEC   compliance   Deloitte  

ALSO NOTED: Workforce mobility an extra burden at global companies; "White Hat" hackers in demand;

> State tax auditors charged. Article > Background on compliance the right way. Read more...
Tags: EMC   Deloitte   compliance  

ALSO NOTED: How to deal with 404 at foreign subsidiaries; The compliance risks of running a global operation;

> PCAOB budget boosted. Article > Deloitte to pay $38 million in Delphi case. Read more...

PCAOB finally fines a Big Four firm

It had to happen. I guess later rather than sooner is good enough. For the first time, the PCAOB has fined a big four accounting firm. Deloitte has been fined $1 million for the troubled 2003 audit 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...

Time to expand shared services?

Deloitte & Touche has released a new study confirming the benefits of shared service organizations. It's clear that many compliance benefits flow from such services. Fifty-three percent of Read more...
Tags: Deloitte   compliance  

ALSO NOTED: Prosecutors: Skilling does not deserve new trial; A Sarbox for home lending?;

> Prosecutors: Skilling does not deserve new trial. Article> Dems nominate two for SEC commissioner openings. Read more...

Treasury to study financial restatements

Sarbanes Oxley of course was designed to instill confidence in financial statements. We've certainly seen a lot of restatements (though the big company trend seems to be down). Now comes news that Read more...

Deloitte says goodbye to Radian

In this era, whenever a top accounting firm decides to drop a client, you can bet the rumor will crank up. Case in point: Deloitte & Touche's decision to no longer serve as Radian Group's Read more...

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