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Even 10 years after Satyam, audit quality remains a concern

Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask......

US SEC charges China affiliates of top accounting firms

US regulators have charged the Chinese arms of the world's five top accounting firms with securities violations, raising tensions in a regulatory standoff which experts say could kill off US......

SEC imposed fine of $17.5 mn on Satyam, PW India

In a major development in the Satyam fraud case, US regulators on Tuesday fined the software firm and its auditors PriceWaterhouse India up to $17.5 million for the accounts bungling that went......

Satyam scam: US bars two PwC auditors

In connection with the multi-billion dollar Satyam scam, the US auditing watchdog has barred from public practice two Indian auditors associated with the IT firm's former auditor......

SOX 404: Making compliance easier

On May 23, the US Securities Exchange Commission approved the final Interpretive Guidance for Management on the implementation of Section 404 of the Sarbanes Oxley Act (SOX 404) and on May 24, 2007......

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