|
 Current
SEC and PCAOB Developments
The
AICPA’s annual national conference on current SEC
developments held December 10–12, 2003, in Washington,
D.C., was attended by over 2,000 participants from accounting
firms, private industry, and government Representatives
from the SEC, Public Company Accounting Oversight Board
(PCAOB), FASB, International Accounting Standards Board
(IASB), and AICPA provided insight on many topics.
Full
Story |
Doing
the Right Things
The
recent occurrences within the Long Island school system
have been sad to watch. In the wake of reports of improper
spending, and possibly corruption, two large, wealthy school
districts will undergo in-depth audits, and New York State
Comptroller Alan Hevesi plans audits of 21 other local school
districts. Most of the recent accounting scandals have focused
on public companies, but accountability in the government
and nonprofit sectors is even more important, because they
touch everyone, not only investors. Full
Story
|
Audit
Contracting Entities: Organizations That Might Change Everything
A
new type of organization might change everything about auditing:
what auditors do and how they do it, even how they see themselves
as auditors. It would accomplish that by tearing down the
management wall separating auditors from the public they
are supposed to serve. In doing so, it would clear the way
for auditors to attain the credibility, respect, and dignity
to which they are entitled. Full
Story
|