| 
Results for slates audits. Search took 0.05 seconds.
The Madoff scandal: now for the auditors
in Sox First, on December 23, 2008
...lion in losses. They are seeking information from the accounting firm that handled Mr. Madoff's audits for decades and are examining the role of Frank DiPascali, who dealt with client accounts...
PCAOB to auditors: turn up the heat
in Sox First, on December 9, 2008
... Accounting Standard] 157 [on how to measure the fair value of assets] will be a critical issue for audits of 2008 financial statements." The unanswered question is whether there will be enough ...
Auditors can't beat fraud
in Sox First, on November 25, 2008
...wool over auditors' eyes when it comes to fraud.
Now a piece in CIO Today, Investigations or Audits: Fraud vs. Innocent Mistakes reaffirms that. As journalist rebecca Tonn points out, a fr...
Nike still struggles with its supply chain problems in China
in Supplychainer, on September 30, 2008
...have been below the legal age, working with falsified documents. With the existence of the supplier audits and many controls on supplier part, it's really a challenge to reduce the number of such ...
More waste and fraud in Iraq
in Sox First, on August 1, 2008
The office of the Special Inspector General for Iraq Reconstruction has put out a damning report on the $900 million construction project awarded to Parsons corporation for work done, or more to the point not done, in Iraq. The report found that $142 million, or almost 43% of the contract...
SEC is wrong on short selling
in Sox First, on July 29, 2008
... agency that watched while auditors became corporate consultants, selling the kind of services that audits should detect and report and eliminate, and even selling methods of hiding deleterious facts ...
Does Sarbanes-Oxley make fraud worse?
in Sox First, on July 23, 2008
...ud controls, the evidence suggests that frauds are much more likely to be detected by a tip than by audits. The implication being that Sarbox has been close to useless. And it gets even more alarming...
Three key functions of supply chain ethics management
in Supplychainer, on July 21, 2008
... education as they start a relationship with a new supplier. Conducting regular and unexpected audits related to compliance by companies such as IKEA has the same purpose.
I appreciate if you a...
Ratproxy, a passive audit tool for your web services
in HackITLinux, on July 12, 2008
Ratproxy is described as a " semi-automated, largely passive web application security assessment tool", by Google. This tool was released by Google to help developers and system administrators monitor their web traffic without taxing the system too much.
Spanish Speakers Online
in Latina Viva, on July 11, 2008
...at with there being more people online.
According to ComScore - a paid subscription service that audits the Internet audiences - the number of Internet users in the 5 major countries of the region (...
The audit cartel
in Sox First, on June 4, 2008
... rotten orchard! Here he is again, getting stuck into the industry in this week's Guardian . Audits are lucrative, he says, because they are controlled by only four firms. And the quality of au...
Auditors, independence and distance
in Sox First, on May 21, 2008
...g 4 auditors. That's quite significant because non-big 4 auditors tend to perform lower quality audits and are more likely to be censured and punished in SEC enforcement actions. Another important...
PCAOB targets mortgage securities
in Sox First, on May 1, 2008
... originator of mortgage loans. The concerns raised by the PCAOB are valid given that these are the audits that are the most high risk and that Wall Street has been forced to write down billions of do...
PCAOB's fifth birthday
in Sox First, on April 27, 2008
... its short life life by the numbers . She has come up with some good stats too. 4000 public company audits reviewed in just five years, 700 inspections of small and large firms, 17 enforcement actions...
PCAOB punches Grant Thornton
in Sox First, on April 16, 2008
...ton has been hauled over the coals by the Public Company Accounting Oversight Board for its slack audits. With one client, the so-called experts at Grant Thornton failed to test the revenue and cos...
Fewer big corporations getting tax audits
in Sox First, on April 15, 2008
...s are getting away with, audit rates for smaller corporations is up, allowing the IRS to claim that audits for all corporations is increasing. But that's just garbage and misleading. The findings...
Preparing to receive the Empire's minions: The BSA and you
in The CIO Weblog, on February 4, 2008
...lthough there aren't any records that I would rely on to chart the frequency or success of such audits, the fact that Microsoft is attributing a fair chunk of their 2007 revenue forecast bump to...
IRS Increasing Tax Audits
in The Personal Finance Weblog, on February 1, 2008
...Wall Street Journal report says my chances are increasing:
Internal Revenue Service officials say audits of taxpayers making $100,000 or more rose 14% last year from 2006. Recent IRS data also show ...
Tone at the top
in Sox First, on January 10, 2008
...
Despite best efforts, problems with audits still keep coming up. According to the International Federation of Accountants , improving audit quality requires a massive shake-up of practices and beh...
GAO slates SEC, again
in Sox First, on November 21, 2007
Five years on, and cost is still the big issue surrounding Sarbanes-Oxley. Non-compliance with Section 404 spells disaster for companies with massive falls in the value of the stock. But the corporate cop, the great Enforcer of Sarbanes-Oxley has its own problems with material weakness with ...
GAO slates IRS
in Sox First, on November 12, 2007
The Government Accountability Office has once more canned the Internal Revenue Service for its sloppy internal controls, legacy systems and dodgy Information Security . In its report , the GAO said the IRS had made significant progress but there was still a long way to go. In other words,...
Auditors, litigation and caps
in Sox First, on November 2, 2007
... auditors will have even less economic incentives to be vigilant and improve the quality of company audits. More audit failures are sure to follow."
...
Iraqi accounting system mismanaged
in Sox First, on October 26, 2007
Iraq remains vulnerable to fraud and mismanagement because no-one seems to know what the hell is going on there. A new report from the Special Inspector General for Iraq Reconstruction (SIGIR) found that the new computer accounting system there, the $38 million-plus Iraq Financial Management ...
Absolute Poker: When Free Money Isn't Enough
in Internet Poker, on October 22, 2007
...gation and also requested a formal audit by Gaming Associates, an acknowledged world-wide expert in audits, interactive gaming tests, and information security.
Based upon our preliminary findings, it...
Audit committee and SOX
in Sox First, on October 6, 2007
...s too. Like for example fees, audit quality (look at how investors have recently been shaken by bad audits) and competing for talent in market struggling with skills shortages....
10 tips for countering shareholder activists
in Sox First, on October 5, 2007
...se the Internet to communicate with different segments of your shareholder base. 6. Use investor audits to uncover communications issues. 7. Don't rely on the "sell-side" to tell y...
Enormous Data Growth, Security Concerns Combine
in Networking for Pros, on September 26, 2007
...
Stevens suggests that comprehensive top-down security policies, combined with stringent security audits, are needed in order to meet the security requirements of most organizations....
GAO slates SEC for being too slow
in Sox First, on September 21, 2007
Last year, I wrote about the Securities and Exchange Commission getting slated by the Government Accountability Office. You can read some of the reports here and here . Now the Government Accountability Office has come out with a new report saying the SEC bureaucracy is too slow, too tied...
Security Breach from the Inside
in On Storage, on August 2, 2007
...lines or the feds can take away their privileges. While the requirements call for firewall, regular audits and anti-virus processes, what about the rogue employee intent on stealing? The company is li...
Barbarian Hedge Fund Alliance
in The Hedge Funds Weblog, on August 2, 2007
... independently produced film platforms. The hedge fund includes a unique investment methodology and slates of projects from best-in-breed producers and production companies which collectively have gen...
Pushing all the right buttons
in Audeamus - How dare we..., on July 17, 2007
...amlining efforts, with new associate education programs, case management systems, and manufacturing audits. In addition, they improved customer privacy programs, and internal communication.
Environme...
wunderLOOP
in Wangtam, on July 12, 2007
...ble precise targeting of Internet users.
- Spy Shots: 2010 Porsche Panamera up close
- Microsoft slates Windows Server 2008 for February 2008 launch
- 谷歌将于7月20日发布第二季度财报
- 带头大哥的"忽悠"博客 ...
Watchdog slates Deloitte
in Sox First, on June 20, 2007
Accounting giant Deloitte & Touche has been savaged by the Public Company Accounting Oversight Board for shortcomings in its handling of clients' books. The PCAOB report makes interesting reading and the problems it reveals are pretty mind-boggling. It found, for example, that De...
Audit rules eased
in Sox First, on May 28, 2007
...as lower-risk areas. One of the most important changes is that it makes room for tailoring control audits to suit the size of a company. The big focus here is on principles, not checklists. The PCAO...
Watchdog slams Ernst & Young audits
in Sox First, on May 3, 2007
...
Big four accounting firm Ernst & young has been accused of signing off on audits without putting together the evidence to support its opinion. A Public Company Accounting Oversight Bo...
Fixing the leaks at HP
in Sox First, on April 25, 2007
... and you are required to submit your investigative plans. Then, on the back end, there are internal audits to make sure we're following these steps, to make sure this doesn't happen again. Thi...
Mending SOX - more work ahead
in Sox First, on April 6, 2007
...e aim of the exercise is to give companies and auditors more flexibility by allowing them to tailor audits to suit the circumstances of a business, encouraging auditors to use their own judgment in th...
SEC-PCAOB arm wrestle on accounting rules
in Sox First, on April 4, 2007
...S regulators are still trying to sort out how much testing accountants will have to do in corporate audits. The Securities and Exchange Commission and the public company Accounting Oversight B...
Regional Health Care System Selects Lawson Performance Management for Healthcare
in Supplychainer, on February 27, 2007
...emorial. "Lawson will help us automate performance management and quickly respond to 'spot audits' so HR staff can focus on recruiting and retaining highly qualified nurses and technician...
Faults in fraud auditing
in Sox First, on January 26, 2007
...res to comply with this aspect of the standard. In particular, PCAOB inspectors have (1) identified audits in which the audit team was unable to demonstrate that brainstorming sessions were held; (2) ...
Vision of the bean counters
in Sox First, on November 20, 2006
... Internet-based reports, relaxing auditor liability and subjecting all public companies to forensic audits on a random basis. At the time, I raised the question whether auditors were trying to...
Accountants: the oligopolistic gatekeepers
in Sox First, on November 14, 2006
...l and accounting scandals of 2001 and 2002 by allowing mangers of audit clients to trade off better audits for consulting services. The result: Sarbanes-Oxley. But Cox points out that the Act does no...
Updating accountants
in Sox First, on November 11, 2006
... Internet-based reports, relaxing auditor liability and subjecting all public companies to forensic audits on a random basis, you start to notice. The report Global Capital Markets and the Global Ec...
SOX for auditors
in Sox First, on October 28, 2006
...nal office and the Public Company Accounting Oversight Board and the SEC. "They complain that audits of internal controls under Section 404 of the Sarbanes-Oxley Act of 2002 are too detailed and...
Call for liability caps
in Sox First, on October 9, 2006
...face very serious transition problems as the special skills, knowledge and cross-border reach their audits require may severely restrict their range of choice for a new auditor. This limitation of cho...
Google Stops Offering New Services, and May Buy YouTube
in Businesspundit, on October 6, 2006
...of Google. "What a huge waste of resources."
Google admitted this year that its internal audits discovered that the company had been spending too much time on new services to the detriment ...
Auditors and white collar crime: advice from an expert
in Sox First, on October 5, 2006
Sam Antar, former chief financial officer of the now-defunct electronics chain Crazy Eddie's, orchestrated a monstrous accounting fraud in the late 1980s and went on to serve as the government's key witness in the criminal and civil prosecutions of the case. He pleaded guilty to conspir...
Fixing holes in SOX
in Sox First, on October 2, 2006
So change is ahead. The question is whether it will be real change, or just a band-aid. Michael Oxley, the SOX co-author, has come out saying that he expects some changes next year in the way that Sarbanes-Oxley will be enforced, according to news reports . Oxley is trying to have it both way...
Disney's Hong Kong CSR follies ...
in Audeamus - How dare we..., on September 11, 2006
...quot;
SACOM spokeswoman Vivien Yau Tze-wei said their new report proved that Disney's regular audits were "useless."
Yau said: "Workers are offered 70 yuan [HK$68.60] as a rewar...
Instill Quality & Compliance Management(SM) Solution Reduces Supply Chain Costs by Over $1 Million for Independent Purchasing Cooperative (IPC)
in Supplychainer, on August 21, 2006
...o collaborate online with their partners on issues such as supplier approval processes, complaints, audits, employee training, product specification management, and document control, providing a real-...
Cal Safety Compliance Corporation launches CSR blog
in Audeamus - How dare we..., on August 15, 2006
... directly or through links on the company's homepage.
The company conducts over 12,000 factory audits per year, searching for issues such as child labor, non-compliance to laws on wages and hours...
More transparency for audits
in Sox First, on August 7, 2006
For a profession that likes to think of itself as transparent, auditors might have some way to go. Particularly when it comes to companies revealing to the market why they have dismissed or changed an auditor. According to risk researchers, Glass Lewis, it's one area that needs urgen...
Trusting bosses not to cheat: A SOX perspective
in Sox First, on June 26, 2006
Hard to go past last week's piece Trusting Bosses Not to Cheat by Floyd Norris in the New York Times. You can read all of it here . Seems that for all the fear and loathing about Sarbanes-Oxley, the costs are actually harder to measure than we first thought. Norris casts a critic...
Pitt slates SOX
in Sox First, on June 22, 2006
Hastily and clumsily drafted, Sarbanes-Oxley looks like being hit with the law of intended consequences, says former Securities and Exchange Commission chairman Harvey Pitt. Writing in the Financial Times , Pitt warns that it could force companies all over the world to fall in line with the st...
CSR in Europe (and beyond)
in Audeamus - How dare we..., on May 17, 2006
... brands and retailers are looking to go beyond their codes of conduct and cursory on-site factory audits to bring about a new era in corporate social responsibility.
*Nestlé: Corporate Citizenship an...
Sarbanes-Oxley and Small Firms: GAO report
in Sox First, on May 9, 2006
...cial advisory committee for exemptions from the law for smaller public companies. First, it slates them for not being specific enough in what needs to be done. How do you fix it so that compan...
Pulling Auditors Into Line
in Sox First, on May 2, 2006
...quot;A key emphasis of the 2006 inspections will be the efficiency of the firms' performance of audits of internal control over financial reporting. "As part of PCAOB's efforts to ...
SOX in the firing line
in Sox First, on April 27, 2006
... businesses away from US stock exchanges and has suggested a compromise solution: internal-controls audits every three years for companies that can prove they have sufficient controls. Carter's c...
Harvey Pitt - How to Fix Sarbanes-Oxley
in Sox First, on April 17, 2006
...nt, this first group of companies newly subject to internal controls review could move on to formal audits of their internal controls, while another 33% of those companies not now subject to these req...
Sarbanes-Oxley: time's running out?
in Sox First, on March 24, 2006
... has come out defending the legislation, saying the critics have it all wrong. In particular, he slates the claim that it was rushed through as a quick political fix. You can read about it here a...
Payroll outsourcing offers leg up on competition
in The Outsourcing Weblog, on February 24, 2006
... and securely manage payroll activities and offer services such as payroll checks, direct deposits, audits and filings.
Businesses that outsource their payroll gain a leg up on their competition at ...
Instill offers SCM workshops
in Supplychainer, on February 13, 2006
Instill Corp. , a provider of technology solutions and services for the foodservice industry, said it has launched a series of workshops designed to help foodservice operators increase the effectiveness of their supply chain management efforts.
Jeff Smith, Instill's vice president of Ma...
The Future of Audit: Risk and uncertainty ahead
in Sox First, on January 30, 2006
... 's responsibility), developing an alternative disputes resolution process for fights about audits (which means establishing limits on how far you can indict firms) and clarifying standards (w...
Sarbanes-Oxley: The Good, The Bad and the Ugly
in Sox First, on January 11, 2006
... called on auditors to use more judgment when assessing companies for risk and devising appropriate audits. Don't hold your breath. With a section as vague and ambiguous as that, audit judgement ...
Accountants: cleaning up the reputation
in Sox First, on January 3, 2006
...SEC is privately discussing the possibility of relaxing rules put in place two years ago to improve audits. Any moves away from an audit firm's purpose of detecting and preventing fraud will under...
Corporate Crime Line-Up
in Sox First, on December 21, 2005
...legal privilege". Translation: the auditors were lying. The report also noted that compliance audits of partners in all firms turned up poor results. In each of the four firms, more than half of...
London Calling: The SOX impact overseas
in Sox First, on December 20, 2005
...eporting Council is concerned about new rules coming out of Europe that would require it to monitor audits of non-European companies listing in Britain. FRC chief executive Paul Boyle says he is not...
Regulator worried about Big Four Dominance
in Sox First, on November 23, 2005
...g scandals.Only last week, the Public Company Accounting Oversight Board found deficiencies in the audits carried out by PwC and Ernst & Young. But are they actually in danger? Think of how KPM...
Understand Open Source License
in The CIO Weblog, on May 5, 2005
...olicies for dealing with software licensing issues and compliance, and for doing software copyright audits, etc. They need all developers to have an understanding of copyright law and how it applies t...
Dallas Man Behind Computer Dating Bill
in The Dating Weblog, on May 2, 2005
..., resulting in changes to state rules that
broadened the profession's emphasis from independent audits to selling
financial advice. When opponents say that he is redeeming political
chits to advan...
