Sarbanes-Oxley costs dropped a whopping 41% with outside audit spending related to 404 compliance down 5.4%. But a spike in external audit fees resulted in an overall increase in all accounting costs for the year
What will it take for regulators to take rating agency reform seriously? The last round of reforms did little to protect investors against the subprime mortgage meltdown and now the cries for change are growing louder
You would think the ongoing weakness in the credit markets would have hit the insurance market that risk managers face. So far, the market continues on the soft side and that has helped keep the mood positive
Financial Executives International (FEI) is urging the U.S. Department of Treasury to require U.S. auditing firms, like their European counterparts, to issue online transparency reports detailing important financial information and governance policies
Cummins Inc., the $13 billion engine manufacturer based in Columbus, Ind., promoted Patrick J. Ward to CFO from vice president and engine business controller, replacing Jean Blackwell
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