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Corporate excesses fuel regulation. (Federal Focus).
For the past two decades, the prevailing presumption in Washington has largely been that the best thing national lawmakers can do for the financial markets is to get out of the way. And for a time, it did seem that unfettered capitalism was the cure for all that ailed America, and indeed the world. The United States' capitalist system helped win the Cold War by the beginning of the 1990s and pushed our economy past all of our industrialized competitors, many of whom were mired in mid-decade financial crises characterized by corporate cronyism. By 2000, the American economy's sustained health surprised even die-hard adherents of the so-called business cycle. After ...
- Taking stock at the PCAOB: in an interview, the PCAOB's chief auditor, Douglas...
- Magazine article from: Financial Executive Fraser, Bruce W. November 1, 2005 700+ words
...some respects, the accounting firms have been hostage...Big Four and other accounting firms have been hit with...Company Accounting Oversight Board (PCAOB), launched...more transparency at accounting firms. At the PCAOB...
- Douglas R. Carmichael: a coordinated effort; The chief auditor for the U.S....
- Magazine article from: Internal Auditor Barrier, Michael June 1, 2004 700+ words
...professional standards for the U.S. Public Company Accounting Oversight Board (PCAOB). Barely a year old, the PCAOB was created by...withdrawals, too. PCAOB inspectors will scrutinize large accounting firms every year, examining everything from partners' compensation...
- PCAOB's plans for non-U.S. accounting firms.(accounting & auditing...
- Magazine article from: The Practical Accountant December 1, 2003 700+ words
...Public Company Accounting Oversight Board (PCAOB) has released a briefing...over-sight of non-U.S, accounting firms. The Board's plans are...U.S, registered public accounting firms, based on cooperation with...
- PCAOB's approach to non-U.S. accounting firms.(Public Company Accounting...
- Magazine article from: California CPA December 1, 2003 700+ words
Some of the plans in the PCAOB's briefing paper describing its approach to the oversight of non-U.S. accounting firms include: * A framework permitting degrees of reliance on a firm's home country system of inspections, based on a sliding...
- Accouting oversight board to open Denver office.
- Newspaper article from: Knight Ridder/Tribune Business News August 17, 2004 700+ words
...Company Accounting Oversight Board will examine compensation...the country, 1,240 accounting firms have registered with the oversight board, Shore said. "If...legislators established the oversight board to supervise the audit...
- Big firms want clearer audit guidance.(Public Company Accounting Oversight...
- Magazine article from: Accounting Today January 12, 2004 700+ words
WASHINGTON -- Representatives of some of the nation's largest accounting firms are urging the Public Company Accounting Oversight Board to provide clearer, more specific guidance in declaring which specific standards are...
- Watchdog Says Accounting Firms Have Much to Do to Restore Credibility.
- Newspaper article from: Buffalo News (Buffalo, NY) April 29, 2004 700+ words
...More than 830 accounting firms have registered...a national oversight board to audit publicly...particular, accounting firms must comply...accounting oversight board has about 180...from the major accounting firms. McDonough...
- Oversight Board's Chairman Wants to Restore Confidence in Accounting.
- Newspaper article from: The Baltimore Sun (Baltimore, Maryland) (via Knight-Ridder/Tribune Business News) November 7, 2003 700+ words
...percent, or 618 accounting firms that inspect...registered with the oversight board so far. The...four largest accounting firms -- PricewaterhouseCoopers...year, the oversight board is scheduled...the eight accounting firms that audit...
