Special Report on
Due Diligence Under Sarbanes Oxley
Due Diligence Under Sarbanes Oxley - Trends
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The issue of auditor independence has been in the spotlight for much of the past three years. Even before Enron Corp. and WorldCom Inc., the Securities and Exchange Commission (SEC) initiated major rule-making efforts focused in this area. The efforts resulted in significant modifications to its auditor independence rules, including severe restrictions on many non-audit services that an audit firm could provide to its audit clients. However, those reforms have proven insufficient, as evidenced by the requirements of the Sarbanes-Oxley Act of 2002. It's important to note that of Sarbanes-Oxley's numerous ...
With all the Shirley Sherrod hullabaloo, all talk about the passage of the financial reform legislation is being left in the shadows. If you question the worthiness of this bill, all you need to do is to look at who is behind this monstrosity--Chris Dodd and Barney Frank, the two villains who were largely responsible for the failures at Fannie Mae and Freddie Mac. That should inspire confidence. Oh, by the way, they have made certain that Fannie and Freddie will not suffer any from the new regulation. Wasn't that generous of them? Read more about the dreadful new financial ... Read More
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DUE DILIGENCE UNDER SARBANES OXLEY
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