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Another small company 404 delay

For much of the year, I had been telling people not to hold their breath for another Sarbanes Oxley 404 delay for nonacclerated filers. My point was you couldn't count on any sort of regulatory Read more...

XBRL making slow gains

I know I sound like a broken record on this, but Extensible Business Reporting Language (XBRL) is a reality. According to cfo.com, the new electronic filing language is scheduled to debut Dec. 5th, Read more...
Tags: CFO   Grant Thornton   XBRL  

COSO issues guidance document for comment

The one thing that vexed people in the AS2 era was a lack of implementation guidance. Read more...

ALSO NOTED: On the 5th anniversary of Sarbox, here's the tally; Corporate Fraud Task Force celebrates fifth anniversary;

> Even in New Orleans, Sarbanes-Oxley work abounds. Article > Welcome to the big leagues: Grant Thornton suffers Read more...

ALSO NOTED: Spreadsheets still reign; Can Sarbox compliance learn from NFL?;

> Does the U.S. reporting system need to be scrapped? The SEC has put together a committee to look at a possible switch from rules-based accounting to principles-based account. The accounting Read more...

Finally, new Sarbox rules are approved

Well, it has come to pass. The new guidance from the SEC and PCAOB will almost certainly be officially stamped in time for the guidance to apply to 2007 audits. So good luck. The new rules will Read more...

Accountants aim to repair Sarbox-related image

For the accounting firms, the Sarbanes-Oxley era has been one in which their professional image has suffered some huge PR blows. They were once seen as impartial, bean-counters making sure that a Read more...

How to deal with whistleblowers

There seem to be more cases these days of whistleblowers seeking Sarbox protection. Public companies are now burdened with institutionalizing the process of dealing with such complaints. Read more...