Saturday November 21, 2009
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THE D100 BOARDROOM LEADERS FOR 2009
October 14, 2009 by Directorship Editors
President Barack Obama and his team top our third-annual list of the Directorship 100, the most influential people in the boardroom and corporate governance community.

Supreme Court to Hear PCAOB Challenge
May 19, 2009
The U.S. Supreme Court yesterday accepted an appeal by several groups that brought a constitutional challenge to the Public Company Accounting Oversight Board (PCAOB) created by 2002 changes in federal accounting law.

Starr Calls PCAOB An ‘Obstacle’ for Obama
May 14, 2009 by Joseph McCafferty
Lawyer and former federal appeals court Judge Kenneth Starr, counsel to a group seeking the Supreme Court's review of a case that challenges the constitutionality of the the Public Company Accounting Oversight Board (PCAOB), is now calling the agency an “obstacle to President Obama’s success.”

FASB to Consider Mark-to-Market Changes
April 2, 2009
The Financial Accounting Standards Board meets today to discuss proposals relating to the valuation of toxic assets.

SEC Extends Sarbanes-Oxley Survey
January 22, 2009 by Joseph McCafferty
The Securities and Exchange Commission’s Office of Economic Analysis (OEA) has extended the deadline to January 31 for public companies’ participation in a web-based survey about the costs and benefits of Section 404 of the Sarbanes-Oxley Act of 2002.

Court Affirms Rulemaker’s Constitutionality
October 1, 2008 by Gretchen Michals
An August court ruling on a littleknown case averted a different sort of accounting crisis, one that would have jeopardized the authority of the body that regulates public accounting firms. A federal appeals court ruled that the Public Company Accounting Oversight Board is constitutional.

Q&A with E&Y’s Jim Turley
September 1, 2008
Jim Turley is not your average accountant. The chairman and CEO of audit firm Ernst & Young is known to let his hair down a little. His favorite mantras are “quality” and “integrity.” With these guideposts, he’s steered one of the world’s largest professional services firms, with more than 130,000 employees in 140 countries, through some of the most difficult periods in the history of accounting. In his view, the profession has emerged much better for wear.

The 2008 List of Influentials on the Directorship 100
September 1, 2008 by Directorship Editors
The Most Influential Players in Corporate Governance (listed in alphabetical order)

SEC Welcomes PCAOB Decision
August 25, 2008 by Joseph McCafferty
Chairman of the Securities and Exchange Commission, Christopher Cox, voiced his satisfaction of the Court of Appeals for the District of Columbia Circuit Court's decision to uphold the consitutionality of the Public Company Accounting Oversight Board.

Lawsuit Questions SOX Legality
July 24, 2008 by Joseph McCafferty
A lawsuit now before the D.C. Circuit could undermine Sarbanes-Oxley, the 2002 law aimed at strengthening corporate governance in the aftermath of the seismic accounting scandals that came to define the decade.

PCAOB Adopts New Auditing Standard
January 31, 2008 by Joseph McCafferty
The Public Company Accounting Oversight Board this week voted to adopt Auditing Standard No. 6 – Evaluating Consistency of Financial Statements – and an accompanying set of amendments to the board’s interim auditing standards.

PCAOB Public Forum to Weigh New Auditing Standards
January 28, 2008 by Joseph McCafferty
The Public Company Accounting Oversight Board hosts an open meeting tomorrow to consider adopting changes to its auditing standards.

PCAOB to Audit Firms: ‘Get Tough on Fraud’
December 17, 2007 by Joseph McCafferty
The chief auditor of the Public Company Accounting Standards Board (PCAOB) told audit firms they need to do a better job of keeping their clients on the straight and narrow and should push for potentially more expensive, forensic-like approaches to annual reviews of financial statements.

PCAOB disciplines Deloitte
December 11, 2007 by Joseph McCafferty
The Public Company Accounting Oversight Boardissued disciplinary orders yesterday against Deloitte & Touche and former Deloitte partner James Fazio for a audit of Ligand Pharmaceuticals.

Audit Fees Could Be Set to Decline
October 25, 2007 by Joseph McCafferty
Securities and Exchange Commissioner Paul Atkins says a recently issued auditing standard should eventually cut audit fees.