What is the Value of a 'Big 4' Audit?

Posted by Teresa Bockwoldton Wed, Nov 23, 2011 @ 11:33 AM

We wanted to pose a question to our readers - aside from the perceived investor value added by selecting a Big 4 audit firm (PwC, KPMG, E&Y, or Deloitte), what other value does selecting these large audit firms add over a smaller firm?  

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Tags: Internal Controls, Sarbanes-Oxley Articles & Information, PCAOB News & Information, audit, audit costs

Internal Controls and the Foreign Corrupt Practices Act (FCPA)

Posted by Bill Bockwoldton Wed, Nov 02, 2011 @ 09:03 PM

We are occasionally asked what impact, if any, the FCPA has on internal controls other than asking the obvious question, “Have you seen any violations of the FCPA?” Many people might not be aware that the FCPA calls out specific internal control responsibilities as part of their Books and Records and Internal Control provisions, which require:

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Tags: FCPA, internal control