Oct 28, 2013 at 12:50 | Source: Moneycontrol.com
10 years ago the Enron scam prompted the Sarbanes Oxley Act with measures to improve governance standards in corporate America and so was born the Public Company Accounting Oversight Board. PCAOB oversees the audits of public companies, has 2363 accounting firms registered with it, a staff of 766 and a budget of 245 million dollars.
Jul 10, 2013 at 10:33 | Source: Reuters
The US Securities and Exchange Commission has been struggling to get papers out of China to investigate possible accounting fraud at dozens of Chinese companies listed on US stock exchanges.
Oct 20, 2012 at 10:25 | Source: Reuters
Auditing of US corporations' financial books, a vital underpinning of investor confidence, increasingly relies on work carried out in India, where there is no clear system of oversight.
Aug 27, 2012 at 11:49 | Source: CNBC-TV18
The Public Company Accounting Oversight Board or the PCAOB did 2 things this month to improve communication between board audit committees and their audit firms.
Feb 09, 2012 at 03:40 | Source: Reuters
USA-ACCOUNTING-PCAOB-ERNST:US watchdog fines Ernst & Young $2 mln over audits
May 12, 2011 at 16:05 | Source: Reuters
It seemed like the perfect China play, a way for investors to cash in on the world's fastest growing economy.
Apr 25, 2011 at 15:29 | Source: CNBC-TV18
Prompted by the USD 8 million largest ever penalty imposed by the SEC and PCAOB, Indias accounting regulator has finally swung into action against Price Waterhouse India.
Apr 09, 2011 at 12:28 | Source: CNBC-TV18
PW India violated its most fundamental duty as a public watchdog - say the SEC and the PCAOB of Pricewaterhouse Indias role in the Satyam fraud. The two American regulators have imposed their largest ever penalties on PW India, USD 6 million by the SEC and USD 1.5 million by the PCAOB.
Jan 17, 2011 at 15:21 | Source: CNBC-TV18
Now the post mortem of the global financial crisis laid a bulk of the blame on banks and financial regulators but in the last 6 to 8 months, its been the turn of auditors to face the heat.
Dec 26, 2009 at 16:00 | Source: CNBC-TV18
Has the Institute of Chartered Accountants of India (ICAI) been doing a good job or at the very least adequately fulfilling its regulatory responsibility? It an issue we have been debating the last few weeks. Confederation of Indian Industry (CII) has added fuel to that fire.