Category Archives: Business Environment

Big 4 Partner Settles SEC Complaint for > $1,000,000

Posted on August 4, 2010 by The Webmaster

Auditors must remain “Independent” from companies they audit – it’s both common sense and it’s the law. One of those independence rules is that members of an audit team cannot own shares of stock in companies that they audit. Today, … Continue reading →

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DANK SOX and FSOC

Posted on July 16, 2010 by The Webmaster

While the nano-cap world eagerly watched Washington’s latest financial regulation bill to see if it would nix SOX’s pending plan to double audit costs (it did), David Feldman over at the Reverse Merger blog kept his eye on an even … Continue reading →

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Small Companies Move Closer to SOX 404(b) Reprieve

Posted on June 18, 2010 by The Webmaster

Big news from Washington: it appears that small companies are going to become exempt from SOX 404(b). Section 404(b) of Sarbanes Oxley would require the typically lone officer-director of a start-up or shell company to create a system of internal … Continue reading →

Posted in Business Environment, Government, Internal Control | 1 Comment

PCAOB and SOX in the Crosshairs

Posted on June 17, 2010 by The Webmaster

The United States Supreme Court is expected to hand down its ruling any day now in a case that could wipe out the Sarbannes Oxley business regulation legislation of 2002. TechJournal South posted this comprehensive roundup article this week.

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IFRS Presentation by S&B Manager Williams

Posted on April 20, 2010 by The Webmaster

Dave Williams, a manager with Seale and Beers, presented information about the International Financial Reporting Standards this morning to a meeting of the Risk Management Association. Dave’s Powerpoint presentation is here: RMA 042010 IFRS SealeBeers Here’s a link to an … Continue reading →

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