PCAOB Release No. 2010-008 PROPOSED TEMPORARY RULE FOR AN INTERIM PROGRAM OF INSPECTION RELATED TO AUDITS OF BROKERS & DEALERS

Posted by Bill Bockwoldton Thu, Dec 16, 2010 @ 12:59 PM

New ruling from the PCAOB yesterday.  Here is a tidbit and the entire link to the ruling is below: 

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Tags: PCAOB News & Information, compliance, external auditing

Using Six Sigma Philosophy in Small Business Enhances Productivity of Organization

Posted by Bill Bockwoldton Thu, Dec 09, 2010 @ 04:37 PM

Vibato products are based on Six Sigma guidance and here is a great snippet of an article about how Six Sigma can benefit your company:

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Criminal Exposure Under Sarbanes-Oxley

Posted by Bill Bockwoldton Thu, Dec 09, 2010 @ 04:20 PM

Great article from the Criminal Defense Lawyers Los Angeles.  Here is a snippet:

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Tags: Sarbanes-Oxley Articles & Information, 404, 404 audit, compliance, Sarbanes-Oxley, audit scope

Accounting Tip of the Day: Keep your old files...?

Posted by Bill Bockwoldton Wed, Dec 08, 2010 @ 07:25 PM

Sarbanes-Oxley legislative rules dictate that audit-related documentation must be kept for 7 years.  To that end, when the question arises "should I keep this?" the answer is going to typically be yes.  Vibato recommends storing all of your internal audit documentation in a bankers box by year and marking on the outside with a Sharpie that the contents should not be destroyed before X year (X year equals this year + 7).  

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Tags: Accounting Tip of the Day

CAQ comments on SEC study required by Dodd-Frank Act regarding SOX Section 404(b) compliance

Posted by Bill Bockwoldton Wed, Dec 08, 2010 @ 07:22 PM

From the Center for Audit Quality (CAQ):

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Tags: Sarbanes-Oxley Articles & Information, 404, 404 audit, audit costs, Wall Street Reform, compliance, Sarbanes-Oxley, audit scope, external auditing