Ezra, why are you reaching out to an auditing firm in the Cayman Islands?
The auditing firm says that it obeyed the principles laid down by America's Financial Accounting Standards Board.
On form 8-K, companies must reveal things like corporate control changes, a new auditing firm and director changes.
As it approaches its one year anniversary July 21, business leaders polled by global auditing firm Grant Thornton.
That knowledge, says Ramazan Turan, partner in Danish auditing firm Athos, is invaluable.
If so, the fines and sanctions suffered by the auditing firm and its partners may be stiff but not ruinous.
Bayou, which filed for bankruptcy in 2006, was also accused of setting up a dummy auditing firm to provide audit reports.
Another click fraud auditing firm, Anchor Intelligence, reports that click fraud has remained mostly flat over the last quarter, by contrast.
FORBES: Record Click Fraud Boosted By Fake Video, Cell Phone Traffic
Working with auditing firm PricewaterhouseCoopers LLP, an H-P team re-created Autonomy's books.
To strengthen compliance, Wal-Mart in July brought in U.S. law firm Greenberg Traurig LLP and auditing firm KPMG LLP, the Wal-Mart spokeswoman said.
In another case, he points to the Chinese security technology firm NSFocus, which had its products analyzed by the code-auditing firm Veracode ahead of offering them internationally.
FORBES: A Better Approach To Huawei, ZTE And Chinese Cyberspying? Distrust And Verify
But Uppal tells us that the talk has been cancelled after concerns were raised by a financial industry client of the security auditing firm he works for, Information Risk Management.
FORBES: Talk On High-Speed Trading Hacks Pulled From Security Conference
On Monday, Dillon Beresford, an analyst for security auditing firm NSS Labs, took aim at Siemens in a message to a mailing list devoted to supervisory control and data acquisition (SCADA) software used in physical systems like power plants and factories.
FORBES: Siemens Accused Of Whitewashing Critical Security Bugs
According to a recent survey by Deloitte, a global consulting and auditing firm, 36% of 18 to 44 year olds said they enjoy working in more social spaces, like the hotel lobby or common area, while only 17% of those older than 45 reported doing the same.
The board is being given incredible powers, among them the right to paw through the financial documents of clients of any accounting firm auditing the books of publicly held companies.
For another, having a rival helps raise Traq's profile--perhaps attracting a buyer in the form of a larger, established firm that specializes in auditing conventional telecom expenses, such as ProfitLineor Teldata Control.
None yet propose the full separation that is needed between auditing and consulting firms, as McCain called for last week, but the bills at least stipulate that public companies should not be allowed to have the same firm do both its auditing and its accounting--a proposal endorsed by more than 70% of those polled by cnn and TIME.
If the two businesses continue to grow at the 2012 rate, the firm would do more consulting than auditing by 2017.
FORBES: Consulting By Auditors: NYU Stern Ross Roundtable Explores Post-Enron Reemergence
Why do I think this next-next tier firm will have a positive impact on the U.S. market for auditing services?
New auditing requirements inspired by the Sarbanes-Oxley act have doubled the cost of preparing a firm's books for the public, according to one executive.
Remember the accounting firm Arthur Andersen, convicted in 2002 of obstruction of justice when certain partners destroyed records of the auditing work they did for Enron as the energy giant was imploding?
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