Here's a loophole that the feds would create on purpose
Article Abstract:
Small and medium sized companies incurred substantial costs towards audit and related fees for complying with the provisions under section 404 of Sarbanes-Oxley Act. In this context, United States Securities and Exchange Commission has recommended changes that will ease the pressure on these small and medium sized enterprises. However, there is considerable opposition from corporate governance experts who are of the opinion that most of fraudulent activities were from this lot of corporate sector.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 2006
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No more Mr. Nice Guy
Article Abstract:
The independence in working of auditors and its impact on corporations are discussed. The rules for auditors' practice, advice to the audit firms, opinions of various executives on the issue are discussed in addition to the report of Public Company Accounting Oversight Board (PCAOB).
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 2004
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A little Basel changes the taste
Article Abstract:
The advantages of short-term loans offered by banks with attractive price points are discussed. The impact of Basal II capital accord on bank loans, which tends to increase the prices for loans, is discussed.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 2005
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