Topic
Audits
355 published works
ImmigrationProf Blog
The Fragomen/DOL Fight Continues
As we previously reported, the U.S. Department of Labor is auditing all permanent labor certification applications filed by attorneys at Fragomen, Del Rey, Bernsen & Loewy LLP, the respected international…
Securities Law Prof Blog
PCAOB Proposes Rule Change Regarding Ethics & Independence Rule
The SEC has published for comment a proposed rule change (Release No. 34-58121; File No. PCAOB-2008-03) by the PCAOB Regarding Ethics and Independence Rule 3526, Communication with Audit Committees Concerning…
Securities Law Prof Blog
SEC Approves One-Year Extension of Auditor Attestation for Non-Accelerated Filers
On June 26 the SEC approved a one year extension of temporary rule and form amendments that postpone the date by which companies that are non-accelerated filers must begin to…
Securities Law Prof Blog
SEC Schedules Roundtable on Fair Value Standards
The SEC announced that it will host a roundtable on July 9, 2008, to facilitate an open discussion of the benefits and potential challenges associated with existing fair value accounting…
Boston ERISA & Insurance Litigation Blog
LaRue, Auditing, and 401(k) Plans
On various occasions on this blog I have tried to turn away from its understandable focus on legal issues and onto the real world consequences of the legal rulings that…
Securities Law Prof Blog
Survey of Auditors’ Fees
A survey of financial executives at 185 companies found that larger firms spent an average of $3.6 million on total audit costs in 2007, up 2% from 2006, but a…
Securities Law Prof Blog
Bankruptcy Report on New Century Criticizes KPMG
A report by the bankruptcy court examiner into the collapse of New Century Financial, one of the largest subprime lenders before its bankruptcy, criticizes its auditor KPMG for enabling certain…
Securities Law Prof Blog
Plumlee & Plumlee on Financial Reporting
Assurance on XBRL for Financial Reporting, by DAVID PLUMLEE, University of Utah - David Eccles School of Business, and MARLENE PLUMLEE, University of Utah - School of Accounting and Information…
Securities Law Prof Blog
Two Deloitte Accountants Settle Charges Involving Delphi Audits
The SEC settled two administrative proceedings and found that Nicholas Difazio and Duane Higgins, Deloitte & Touche LLP (D&T) engagement partners on the 2000 and 2001 audits of the financial…
Securities Law Prof Blog
SEC Settles Rule 102(e) Proceeding Against Take-Two’s Audit Partner
The SEC settled a Rule 102(e) administrative proceeding against Robert A. Fish, CPA (Fish), the former PricewaterhouseCoopers (PwC) audit engagement partner responsible for the fiscal year end 2000 audit of…