|
|
01 Nov 2007
The US regulator has charged 37 audit firms and 32 partners, who are alleged to have reviewed the financial accounts of public companies without their compulsory registration with the Public Company Accounting Oversight Board.
According to the Securities and Exchange Commission, the unregistered firms and partners conducted about 60 audits for fiscal periods between November 2003 and October 2005, WebCPA.com reported.
The SEC has reached settlements with 28 firms and 22 partners, who neither admitted nor denied the charges while two other firms agreed to return the audit fees.
Further reading:
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
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. 
Visitor comments Add your comment