Deloitte news from FierceComplianceIT
NewsWhat 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...
Bankrupt companies more likely to be charged?
Financial Week notes that some of the largest companies ever to file for bankruptcy, Enron and WorldCom, were subsequently charged with massive fraud. Such cases, of course, led to the law that has... Read more...
Deloitte auditor fined $25,000 by PCAOB
The Public Company Accounting Oversight Board has fined Christopher Anderson, 46, a partner in Deloitte & Touche's Chicago office, $25,000 for his audits of Navistar Financial Corp. He has also... 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.
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.
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.
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.
| Press ReleasesFaruqi & Faruqi, LLP Is Investigating American Apparel, Inc. On Behalf Of Its ShareholdersNEW YORK--(BUSINESS WIRE)-- Faruqi & Faruqi, LLP, a leading New York securities firm, is investigating the Board of Directors and Officers of American Apparel, Inc. (“American Apparel” or the Read more >> Aspiriant to Acquire Deloitte Investment Advisors from Deloitte Tax LLPLeading independent wealth-management firm adds talent, expands client-service footprintNEW YORK, July 19 /PRNewswire/ -- Deloitte and Aspiriant today announced they have entered into a definitive Read more >> Deloitte Poll: Nearly Half of Executives Say Complexity is Biggest Risk ChallengeConventional Risk Management Should Evolve into Risk IntelligenceNEW YORK, July 12 /PRNewswire/ -- Nearly half (45.9 percent) of executives report that complexity of implementation is their Read more >> Deloitte's CFO Signals Survey: CFOs Wary Over Increased Government Regulation But Optimistic on the Outlook for Their CompaniesDeloitte survey found CFOs are projecting strong growth in sales, earnings, dividends and capital spending, but only modest growth in employmentNEW YORK, July 1 /PRNewswire/ -- North America's top Read more >> Deloitte to Share Business Drivers, Expectations and Results of Its Social Computing Initiative During NewsGator WebinarRegister for April 20 online eventDENVER, April 15 /PRNewswire/ -- Deloitte, an international accounting and consulting firm synonymous with common sense and uncommon business value, will share the Read more >> |
