- Drumbeat for Easing Sarbanes-Oxley Grows Louder
- Fraud Detection: The New 404?
- Staff Issues Demand New Solutions
- Sustainability Reporting: Straight to the Bottom Line
- Found in Translation
- Valuing Preferred Stock
- GAO: More Can be Done to Enhance Pension Plan Oversight
- 12 Podcasts You Should be Listening to
Drumbeat for Easing Sarbanes-Oxley Grows Louder
From BusinessFinanceLink
Joining the chorus of voices demanding Sarbanes-Oxley reform, Sen. Charles
Schumer of New York, Gov.-elect Eliot Spitzer, and New York City Mayor
Michael Bloomberg released a report on January 23 showing that financial
services in New York City and other major US centers are hurting, and would
take a significant hit in a few short years. Sarbanes-Oxley restrictions
plus tightened immigration policy and a high risk of litigation are driving
investors overseas and putting the leadership of US financial markets at
risk, says the report, which was authored by McKinsey & Co.
http://www.searchfinance.com/news/viewStory.html/storyID/5968
Fraud
Detection: The New 404?
From CFO.com
The
PCAOB slams auditors for poor fraud detection. Corporations can expect steep
audit fees to follow. CFO's David Katz takes a closer look.
http://www.cfo.com/article.cfm/8700381
Staff Issues Demand New Solutions
From CPA2Biz
Recruiting good workers and properly administrating staff—-two of the most
pressing issues facing CPAs—will take new levels of creative thinking to
resolve. CPAs in all segments of the profession say staffing and
staff-related issues are the problems they would most like to resolve with
the snap of a finger.
https://www.cpa2biz.com/News/Columnists/Telberg/Staff+Issues.htm
Sustainability Reporting: Straight to the Bottom Line
From Business Finance
CFOs
at top global companies use comprehensive reporting that provides data on
non-financial factors to cut risk and ensure future performance.
http://www.businessfinancemag.com/magazine/archives/article.html?articleID=14750
Found in Translation
From the Journal of Accountancy
It’s
a small world. Globalization is now a reality for US companies of all
sizes—and CPAs need to understand how to interpret financial statements from
foreign countries.
http://www.aicpa.org/pubs/jofa/feb2007/sorensen.htm
Valuing
Preferred Stock
From the Journal of Accountancy
Preferred stock, once the province of only large companies, is now a feature
of small to mid-size, privately held companies. CPA/ABVs and other valuation
analysts who encounter preferred stock less often than common stock will
learn useful information about proper methods for valuing it in this JofA
article.
http://www.aicpa.org/pubs/jofa/feb2007/miller.htm
GAO: More
Can be Done to Enhance Pension Plan Oversight
From the Government Accountability Office
In
March 2002, the GAO identified weaknesses in the Employee Benefits Security
Administration's enforcement program. Since then, the EBSA has made a number
of improvements, but the GAO says many of the original weaknesses remain.
Read the GAO's report and recommendations here.
http://www.gao.gov/new.items/d0722.pdf
12
Podcasts You Should be Listening to
From Fast Company
Here
are 12 must-listen-to podcasts for creative knowledge workers—those
entrepreneurial spirits who start and staff the most innovative,
fast-growing companies.
http://www.fastcompany.com/articles/2007/02/podcasts-for-creative-class.html