General
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Is the Avalanche Headed for PricewaterhouseCoopers?
For Arthur Andersen, the scandal was Enron, and before that, Sunbeam and Waste Management. For KPMG, it was Xerox. Now,…
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Five Steps to a Solid Accounting Practice
When I was a consultant a few years ago, it always amazed me how much impressive information a CPA firm…
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A Process for Understanding a Business and Its Industry
An understanding of a business and its industry is critical for successful accounting and financial operations, including GAAS audits. However,…
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Information Technology and Accountants' Education
Tradition-bound accountancy profession is under threat. The threat, in an IT environment, comes from non-accountants, whether business graduates with IT…
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Down and dirty: Corporate America v IASB
As the battle commences, Glenn Cheney reports on the concerns of US businesses about the IASB’s project on stock options.Never…
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How to fix a damaged financial reporting system…
Place investor's needs above corporate interests. Enron’s reported exploitation of financial-reporting rules is a deplorable but all too natural consequence…
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Electronic Signatures and Encryption: Internal Controls for E-Commerce
As e-commerce evolves, businesses must maintain internal controls that ensure the integrity of information and the security of assets. The…
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Auditor Independence: Is this really the answer that will make it all work?
Is Auditor Independence really the answer that will make it all work? This is an age-old question of the accounting…
