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CFO September 1, 2002 Andrew Osterland |
No More Mr. Nice Guy A new CFO survey suggests why new rules for auditors may be a wise idea. |
CFO October 1, 2011 Sarah Johnson |
Making Audits More Audible New rules would require auditors to speak up about possible problems, and describe in more detail what they do and don't look at. |
Foundation News & Commentary Jul/Aug 2005 Andras Kosaras |
Thinking About an Audit? Read This First What kinds of grantmakers get audits and how should a foundation choose an auditor if it opts for this process? |
CFO September 1, 2002 David M. Katz |
The Insiders Do internal auditors have a bigger role to play in ensuring the integrity of financial reports? |
CFO July 1, 2003 Kris Frieswick |
How Audits Must Change Auditors face more pressure to find fraud. |
Real Estate Portfolio Mar/Apr 2002 Ray Milnes |
Audit Committees -- A Perspective on Utilizing Internal Audit Resources A brisk current of regulatory change is sweeping through America's corporate boardrooms aimed at strengthening the independence and effectiveness of corporate audit committees, including those of REITs and other publicly traded real estate companies... |
CFO April 1, 2010 Tim Reason |
Auditing Your Auditor After nearly a decade of turmoil, companies have gained the advantage in negotiating with their auditors. |
The Motley Fool November 17, 2006 S.J. Caplan |
A Brave New World for Bean Counters? Accounting firms advocate a radical overhaul of the financial reporting system. Will it be an investor's utopian dream or are they seeking to insulate themselves from the fury of shareholders burned by fraud? |
CFO May 1, 2008 Alix Stuart |
Auditor Angst Want faster, cheaper audits? Your auditor humbly suggests you avoid last-minute data dumps and other less-than-helpful practices. |
Knowledge@Wharton |
Do Accountants Who Act as Consultants Take Greater Care or Cut Corners? New Wharton research challenges the idea that lucrative consulting contracts routinely lead auditors to look the other way when preparing financial audits, a key allegation in the scandals at WorldCom, Tyco and Enron. |
BusinessWeek September 22, 2003 Nanette Byrnes |
Reform: Who's Making the Grade A performance review for CEOs, boards, analysts, and others |
CFO November 1, 2002 Andrew Osterland |
Board Games Boards are supposed to monitor top executives, but too often give them carte blanche. That's why regulators are writing stricter rules for the corporate-governance game. |
BusinessWeek September 22, 2003 Paula Dwyer |
A Talk with William McDonough The new accounting oversight board's chairman says the profession should see the PCAOB (Public Company Accounting Oversight Board) as "its mentor-cum-ally." |
Bank Director 4th Quarter 2009 Kenneth L. Glascock |
Internal Audit: Boosting Your ROI A high-performance audit function can help the bank and board achieve its risk-adjusted goals. |
Knowledge@Wharton June 18, 2003 |
Board Members Feeling the Heat of Public Scrutiny Should Bone Up on Finance, Accounting What you don't know can't hurt you. That old adage may be true some of the time, but not for people serving on boards of directors and audit committees in the wake of recent scandals that have tarnished the reputation of corporate America. |
BusinessWeek September 3, 2007 Nanette Byrnes |
The Comeback Of Consulting It's once more a huge business for Big Four auditors like Deloitte & Touche, thanks partly to Sarbanes-Oxley rules. |
FDIC FYI July 24, 2002 |
Enhancing Financial Transparency Participants in the conference discussed the strengths and flaws inherent in the U.S. financial reporting process and suggested ways of modifying not only the reporting mechanism, but also the accounting standards that underlie financial statements, audit opinions, credit ratings and analyst reports. |
Bank Director 3rd Quarter 2010 Jack Milligan |
This Plate Runneth Over Audit committee members are taking hits from all sides these days. |
BusinessWeek December 27, 2004 Amy Borrus |
Auditors: The Leash Gets Shorter Providing tax services to audit clients will no longer be allowed. |
CFO August 1, 2004 |
The Enforcer If audit firms don't voluntarily improve their processes, Public Company Accounting Oversight Board (PCAOB) chairman William McDonough promises he'll make them. |
CFO August 1, 2006 Don Durfee |
More Rules, Higher Profits? New research shows that good governance practices may reduce your cost of capital. |
Financial Planning January 1, 2005 Abigail La Croix |
5 Questions Michael R. Young, a litigation attorney and partner at New York law firm Wilkie Farr & Gallagher, shares his perspective on financial reporting and the securities industry, with particular emphasis on accounting irregularities. |
CFO September 1, 2010 Tim Reason |
Fees Still Falling, but Not as Dramatically The latest analysis of audit fees shows continued good news for most companies, but not all. |
HBS Working Knowledge November 3, 2003 Jim Heskett |
Can Investors Have Too Much Accounting Transparency? The collapse of companies like Enron and WorldCom cost investors tens of billions of dollars. But that amount may be dwarfed by the cost of conforming to new laws driven by those corporate scandals -- laws that are intended to protect investors. |
CFO May 1, 2010 CFO Readers |
Audits: the Good and the Bad Letters to the Editor: Readers comment on audit costs, asset-backed lending, and other topics of current interest. |
CFO May 1, 2003 Arthur Levitt |
You Are the Guardians Former SEC chairman Arthur Levitt offers some pointed advice on how to restore confidence in corporate accounting. |
Real Estate Portfolio May/Jun 2002 William D. Sanders |
Working Toward Improved Disclosure Every publicly traded real estate company shares the responsibility to provide clear, transparent financial information to investors... |
CFO May 1, 2008 Kate O'Sullivan |
Can This Relationship Be Saved? Auditors and CFOs aren't the friends they once were, but they are working out their differences. |
CFO September 1, 2010 Sarah Johnson |
So Much for "Death by Committee" Audit committees have expanded their scope, and new rules may force them to broaden it even further. |
U.S. Banker April 2002 Mark Bruno |
Broken Affair? Banks, as most companies, have enjoyed close relationships with their accountants for decades, and have been becoming more and more dependent on them for a variety of services, often far removed from auditing their books. Now those relationships are being called into question... |
Bank Director 3rd Quarter 2010 Charles Keenan |
Front-burner Issues for the Audit Committee The audit committee's roles and responsibilities continue to broaden as evolving regulation and increasing demands for risk oversight turn up the heat on bank boards. |
CFO |
What Must Be Done? The experts weigh in on how to prevent future Enrons... |
CFO February 1, 2003 Alix Nyberg |
Auditor Independence: Separation Anxiety Many tax services may be "inappropriate" work for auditors to perform for their audit clients, says the SEC. |
CIO April 15, 2003 Geoffrey James |
The Auditors Are Coming, the Auditors Are Coming... and That Could Be Good News for You Corporate accountability has Washington's attention, and now the auditors have their pencils sharpened for IT processes and projects. Here are nine strategies for working with auditors before, during and after an accounting exam. |
CFO April 1, 2011 Robert Pozen |
A Three-Step Plan for CFOs How to help your audit committee work more effectively. |
CFO January 1, 2004 John Goff |
They Might Be Giants It's been nearly two years since Arthur Andersen went under and Sarbanes-Oxley was passed. Have the Big Four audit firms changed since then? |
CFO October 1, 2002 |
Reform: How the Corporate Landscape Is Changing Everyone from Congress to the journalist next door has a reform proposal to promote. This article assesses the likelihood of passage as well as the potential impact of several proposals. |
BusinessWeek October 27, 2003 Henry & Borrus |
Honesty Is A Pricey Policy Execs are grumbling about the steep costs of complying with new financial controls. |
Knowledge@Wharton |
Global Securities Markets Present Tough Challenges for Investors and Regulators The bursting of the Internet bubble, the collapse of Enron and the emerging demutualization of securities exchanges, especially in Europe, have brought the role of securities market regulators into sharper focus than before... |
HBS Working Knowledge January 10, 2005 Sean Silverthorne |
Professors Introduce Valuation Software Two Harvard professors have developed a business analysis and valuation software program, which is being sold to the public. Here is why investors and executives should take a look. |
Real Estate Portfolio Jul/Aug 2002 Kenneth L. Betts |
Avoiding Enron: Counseling the Audit Committee In general, the role of the audit committee is to review the financial operations and statements of a company and to affirm the integrity and accuracy of the preparation and dissemination of that information. Now audit committees need closer observation, support and liability protection. |
CFO December 1, 2008 Alix Stuart |
Subprime Suspects Just about everyone, it seems, is being held to blame for the financial meltdown. But what role auditors played, if any, is far from clear. |
CFO February 1, 2012 David M. Katz |
The Cost of Confidence Two proposals aim to increase auditor independence, but may cause problems for CFOs. |
CFO March 1, 2003 Tim Reason |
Two Weeks in January The SEC put much of the Sarbanes-Oxley Act into effect by passing a slew of new rules. Here's what was proposed and what was disposed. |
CFO September 1, 2005 John Goff |
Fractured Fraternity Oh for the days when auditors were counselors and not pricey overseers. In fact, some CFOs say dealings with external auditors have become a lot like encounters with the Internal Revenue Service: shrill, chilly, and frustrating as hell. |
CFO May 1, 2010 Sarah Johnson |
You Complete My Audit The relationship between accounting firms and their corporate clients has been shaky over the past decade, to say the least, but amid the tumult of Sarbanes-Oxley and thorny auditor-client issues lie long-lasting relationships, some that have endured for more than 50 years. |
BusinessWeek November 22, 2004 Nanette Byrnes |
Auditing The Auditors J.D. Power & Associates is now evaluating the very audit firms that are supposed to protect investors from improprieties. |
BusinessWeek May 16, 2005 |
How the Merc Defends Its Board Three top officials argue that having directors with industry ties has been a key to its success. |
CFO October 1, 2008 Randy Myers |
The Champ Feels Some Heat Stock exchanges in Asia and Europe have made tremendous strides in raising equity capital for companies over the past three years. Is U.S. superiority at an end? |
CFO August 1, 2004 Julia Homer |
Suspicious Minds Relations between auditors and finance executives, once warm and congenial, are experiencing a marked chill. |