07Dec
A public meeting on December 19 will unveil a possible replacement for the current SOX section 404 auditing guidelines
12.6.06 The Public Company Accounting Oversight Board has set December 19 for an open meeting to discuss new standards for Sarbanes-Oxley section 404 audits of internal controls over financial reporting.
The new auditing standard will supersede the existing Auditing Standard Number 2.
It is expected that the new standard will clarify how thorough auditors need to be when reviewing internal controls over financial reporting.
There have been numerous complaints that the existing standard of thoroughness is too costly and burdensome.
MORE DETAILS from the PCAOB Press Department…
04Dec
11.22.06
EDS finance chief guilty of mail and wire fraud More…
11.21.06
Businesses must rethink their Web site design More…
11.20.06
CA only spends corporate money to defend innocent executives More…
11.16.06
Plea bargain reduces possible 20 year sentence down to 66 months of jail More…
11.16.06
Guilty of cooking books to inflate company stocks More…
11.15.06
Bond buyers were not told of looming financial problems More…
11.10.06
Accounting scandal ends with a dozen guilty pleas and SEC settlements
11.2.06
Employees were made officers of the company on paper when it came time to meet with bankers
Filed under: Industry News
01Dec
Former White House adviser Howard Schmidt warns that hackers aren’t just going after big corporations, and small businesses must beware. He outlines the problem and what might be done to correct it.
New E-discovery Rules: Five Indications for IT (Web-Event 12.12.06 - Michael Arkfeld, Esq.)
E-discovery laws are changing. As of December 1 (and earlier in some states) amendments to US Federal Rules of Civil Procedure for e-discovery will impel companies to better understand structured and unstructured information: what they have, what they can discard, and how and where critical information is stored. Register Here
Join ITCi December 12 for this one-hour Webinar to explore:
- Changes to the e-discovery rules and what they mean for business
- Five ways the rules should impact your records management, controls, and policies
- How you can work the rules to your advantage in future lawsuits
- Real-world examples of how e-discovery changed the outcome of major court cases
- Best practices for managing electronically stored information in a litigious world
