Lessons Learned on the Audit Trail
Richard Chambers talked about his book, Lessons Learned on the Audit Trail, in which he discusses his 40-year career as an auditor for both business and the government, including his work wi…
661 viewsRichard Chambers talked about his book, Lessons Learned on the Audit Trail, in which he discusses his 40-year career as an auditor for both business and the government, including his work wi…
661 viewsHomeland Security Department officials testified about the need for improved financial reporting. Among the issues they addressed were the impact of financial reporting practices on national…
477 viewsRepresentatives from the Federal Deposit Insurance Corporation and the Government Accountability Office talked about the extent of the financial crisis and the effects of the new regulatory …
217 viewsGene Dodaro talked about the functions of the Governmental Accounting Office (GAO). In his remarks he outlined U.S. economic and demographic trends and challenges identified in the GAO’s str…
258 viewsChairman Christopher Cox talked about a proposed electronic system of disclosure to improve the information available to investors and reduce the disclosure and reporting costs for companies…
102 viewsParticipating by telephone, Ms. Hughes was interviewed about the Congressional response to the collapse of Enron. She talked about the signing into law of the Sarbanes-Oxley Act of 2002. Ms.…
119 viewsThe Securities and Exchange Commission (SEC) considered a proposal to improve disclosure of corporate CEO pay and other executive compensation. Mr. Beller proposed to the commissioners a pla…
146 viewsAttorney General Gonzalez and Mr. Everson announced the indictments against eight former Klynveld Peat Marwick Goerdeler (KPMG) accounting executives. The indictments charged the former exec…
169 viewsEconomists talked about lessons learned from several recent corporate accounting scandals. Among the topics they addressed were management practices at Enron, the causes of Enron’s collapse,…
537 viewsMr. Donaldson announced the selection of Mr. Nicolaisen as chief accountant for the Security and Exchange Commission. Following the announcement they answered questions from reporters.
39 viewsWitnesses testified regarding financial reporting and disclosure rules for labor unions. Supporters of new rules argued that the old financial disclosure forms were outdated and provided suc…
124 viewsJournalists spoke about recent corporate scandals and fraudulent account, as well as media coverage of the stories. Among the topics they addressed were investigative methods used, their exp…
123 viewsBoard members held a public meeting to consider rules on investigations, inspections, and procedures fro firms wishing to withdraw from registration. They also received a report on the statu…
171 viewsArmando Falcon testified before The Senate Banking, Housing, & Urban Affairs Committee, regarding accounting practices at Freddie Mac, and the events leading up to irregularities in recent F…
296 viewsHouse Financial Services Subcommittee members reviewed the need to reform the regulatory structure that oversees government-sponsored housing enterprises. Witnesses testified about accountin…
242 viewsWitnesses testified about an investigation into financial mismanagement by officials at a union-owned insurance company, ULLICO, which involved insider trading and stock price manipulation. …
46 viewsSamual DiPiazza spoke about corporate accountability, business accounting, the impact of recent financial scandals on business, and reforming the accounting systems. He also talked about pot…
39 viewsWilliam Donaldson, Chairman of the Securities and Exchange Commission, announced that William McDonough had been appointed as the chairman of the SEC’s Public Company Accounting Oversight Bo…
40 viewsAccountants talked about regulation and oversight of the profession in the wake of several scandals leading to corporate bankruptcies.
594 viewsCommissioners and members of the Corporate Finance Division talked about rules and regulations to implement recent corporate accountability legislation. Among the topics they addressed were …
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