Regulatory news

Sarbox and proxy access item

admin — Tue, 04 Dec 2007 06:59:59 -0500

Well, the issue has been decided--for now. The SEC has voted to deny shareholder access to proxies, something shareholder rights activists have long supported. SEC Chairman Christopher Cox says he Read more...

Paulson will take a look at audit industry

admin — Tue, 09 Oct 2007 06:59:59 -0400

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...

Mortgage crisis to lead to Sarbox-like rules

admin — Tue, 02 Oct 2007 06:59:59 -0400

The on-going crunch in the credit markets has been riveting. You can read all about it over on FierceFinance. According to some, the villians in all this Read more...

Sarbox and women on boards: Where's the boost?

admin — Tue, 11 Sep 2007 06:59:59 -0400

A lot of experts once argued that Sarbanes Oxley would lead to more women being added to corporate boards. The logic was that more boards, reacting to insider board limits, might start looking for Read more...

Brocade verdict to embolden prosecutors?

admin — Tue, 14 Aug 2007 06:59:59 -0400

The conventional thinking on stock options backdating cases was that prosecutors would have the best Read more...

As expected AS5 becomes law, what to expect

admin — Tue, 31 Jul 2007 06:59:59 -0400

The SEC voted unanimously to approve Accounting Standard No. 5. This was expected despite the Read more...

Case Study: NorthWestern Corp. and ERP

admin — Tue, 31 Jul 2007 06:59:59 -0400

To hear Richard Fresia tell it, he was the man brought in to straighten out some thorny systems problems, only to end up charged with wrong-doing by the SEC. This is a cautionary tale with lots of Read more...

PwC ensnared in backdating controversy

admin — Mon, 09 Jul 2007 20:01:39 -0400

The plight of Gary Gerhardt, former CFO of Engineered Support Systems, is a cautionary one for anyone in the compliance arena. Is informing your auditor, in this case Read more...

Will this Sarbox whistleblower fare any better?

admin — Mon, 09 Jul 2007 20:01:39 -0400

We've noted that financial whistleblowers have not fared well, despite the Read more...

Sarbox rule to pressure small audit firms?

admin — Mon, 02 Jul 2007 20:01:39 -0400

The Sarbanes-Oxley rotation rule was designed to make sure overly cozy ties do not develop between auditors and clients. It requires that accounting firms change the lead audit partner for a Read more...