Deloitte news from FierceSarbox
News
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...
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...
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...
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...

