THE collapses of Enron and WorldCom in the early years of this century turned book-cooking into front-page news. Investors lost over $200bn; in 2002 the stockmarket fell by over a fifth between April and July. In response, America’s Sarbanes-Oxley Act set up a new body, the Public Company Accounting Oversight Board (PCAOB), to supervise auditors. Its quest to give auditors more teeth continues, with the introduction of new rules that James Doty, its outgoing chairman, bills as the most significant changes to reporting by auditors in over 70 years.

BING NEWS:
  • JCPS busing contractor disputes audit findings in report sent to school board
    AlphaRoute sent a 16-page report to Jefferson County Board of Education members, challenging the findings of a scathing audit.
    05/17/2024 - 9:22 am | View Link
  • Boeing shareholders vote to keep departing CEO on planemaker's board
    Boeing’s departing CEO Dave Calhoun was re-elected to stay on the troubled company's board on Friday, even as the planemaker said it was preparing to meet with the U.S. aviation regulator over its ...
    05/17/2024 - 4:42 am | View Link
  • MSU to honor national alumnus Wilson, other alumni this Friday
    Mississippi State University is recognizing Bryan Wilson as its National Alumnus of the Year during Friday’s [May 17] MSU Alumni Association 2024 awards banquet.
    05/16/2024 - 7:54 am | View Link
  • Corporate Officers Face Expanded Oversight: What To Know
    A recent case involving McDonald's has expanded the scope of liability for oversight beyond directors to include corporate officers.
    05/16/2024 - 5:00 am | View Link
  • Contractor’s dispute over cost-accounting standards has roots dating back 17 years
    The government has long had issues regarding Sikorsky’s compliance with cost-accounting standards, but hasn’t taken action.
    05/15/2024 - 9:35 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News