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28 Feb 2003
According to reports, the SEC has taken advice from a damning Congressional report on the fiasco, and is busy drafting a procedure to be presented to commissioners for approval in the next few days.
All though no details of what will be included in the recruitment process are known, it is expected to clearly define the roles of commissioners and staff in vetting candidates.
The move to shore up its recruitment process for choosing a chairman of the Public Company Accounting and Oversight Board follows the appointment and subsequent resignation of William Webster, the former FBI chief.
He resigned soon after then-SEC chairman Harvey Pitt, after it was discovered that Webster once headed the audit committee of a company under investigated by the securities watchdog.
Finding someone to lead the PCAOB is the top priority for new SEC chairman William Donaldson.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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