audits news from FierceSarbox

Retailers spend a lot of time worrying about PCI and Sarbanes Oxley. As CIO notes, passing an audit means showing definitively that you can control employee access to customer and other data. Read more...

There has been a lot of talk about how the new Sarbanes Oxley, as rendered in the PCAOB's AS5, will ease the burden and make audit firms less conservative in their approach. But you have to wonder, Read more...

There was some skepticism when AS5 was released by the Public Company Accounting Oversight Board (PCAOB). There was lot of benefits on paper, and the changes seemed significant in areas related to Read more...

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...

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...

We recently suggested it would be a good idea for firms to get rid of all potential conflicts of interest in Read more...

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...

"... 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...

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...

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...