Deloitte news from FierceComplianceIT
News
What happens when your auditor is a fraud?
In the post-Enron era, the reputation of corporate accountants collectively has taken some massive hits. The on-going financial crisis certainly isn't helping. So it is with some chagrin that we note... Read more...
Golden era ending in accounting also?
None other than Ken Lewis, CEO of Bank of America, says that the golden era in financial services is ending. Can we say the same for the accounting profession, which was turbo charged by... Read more...
XBRL standards body stokes worry
Most people think XBRL is pretty good idea. But not everyone thinks the tag standards should be set by XBRL US, a non-profit group comprising top accounting firms KPMG, PricewaterhouseCoopers, Ernst... Read more...
ALSO NOTED: Deloitte's take on GRC software; Sarbanes laments SEC funding;
> Deloitte's take on GRC software. Article > E&Y: Bribery on the rise. Read more...
ALSO NOTED: Workforce mobility an extra burden at global companies; "White Hat" hackers in demand;
> State tax auditors charged. Article > Background on compliance the right way. Read more...
ALSO NOTED: How to deal with 404 at foreign subsidiaries; The compliance risks of running a global operation;
> PCAOB budget boosted. Article > Deloitte to pay $38 million in Delphi case. Read more...
PCAOB finally fines a Big Four firm
It had to happen. I guess later rather than sooner is good enough. For the first time, the PCAOB has fined a big four accounting firm. Deloitte has been fined $1 million for the troubled 2003 audit... Read more...
ALSO NOTED: Stumped for more ethics training?; Deloitte launches Asia forensics team;
> Conrad Black gets 6 1/2 years. Article> Survey: Nonprofits embrace Sarbanes Oxley. Read more...
Time to expand shared services?
Deloitte & Touche has released a new study confirming the benefits of shared service organizations. It's clear that many compliance benefits flow from such services. Fifty-three percent of... Read more...
ALSO NOTED: Prosecutors: Skilling does not deserve new trial; A Sarbox for home lending?;
> Prosecutors: Skilling does not deserve new trial. Article> Dems nominate two for SEC commissioner openings. Read more...
