assets news from FierceComplianceIT

We're seeing a lot of new executive pay ideas being floated, as more boards grapple with the likelihood of new laws and more intense scrutiny by boards. Already, Wall Street firms are making some... Read more...

When it comes to bank audits--at banks small and large--the bean-counters are taking an even more conservative tack than usual, which has forced more than a few to restate earnings. The Los Angeles... Read more...

In the minds of many, the adoption of IFRS is fait accompli, a done deal. But not if the New York State Society of Certified Public Accountants has anything to do with it. The influential group has... Read more...

As the economy worsens, more companies may be faced with going-concern issues, according to the PCAOB. This will task the auditors and audit committees, who are on the front lines of determining... Read more...

We've noted that serving on an audit committee is not an easy gig right now, especially at a financial services firm. Auditors are feeling a certain amount of pressure to take a hard line on... Read more...

Floyd Norris of the New York Times wonders: Wasn't Sarbanes-Oxley supposed to do something about the hidden, off-balance sheet risks? He writes: "The rules require that companies make some... Read more...

Tomas Jandik, associate professor of finance at the University of Arkansas, has looked at Sarbanes Oxley from a foreign company perspective and found that the law may be one factor boosting... Read more...

Many people assume that Section 302 control requirements cover not only data storage but also data destruction. So as you retire old servers and other IT assets, you have to start worrying about... Read more...

When you're stuck in the gears of Sarbanes-Oxley compliance, it's sometimes hard to recall what the law was all about. The point was not to generate additional audit work and lots of headaches but... Read more...

We're firmly in the Sarbanes-Oxley 2.0 era. Many companies have their 404 infrastructure in place; these infrastructures will remain despite all the regulatory changes coming down the pike. At... Read more...