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All Posts Tagged Tag: ‘Auditor’

  • Tax Accountant in Miami Fee Pressure

    Tax Accountant in Miami Fee Pressure The cover story of the April 2010 edition of CFO Magazine was “Auditing Your Auditor.” Tax Accountant in Miami were in the throes of fierce pricing pressure, telling horror stories of ruthless underbidding and price gouging. Clients who’d been well …

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  • New Financial Audit Standard Encourages More Talking

    New Financial Audit Standard Encourages Oversight The Public Company Accounting Oversight Board on Financial Audit (PCAOB) today approved a standard on how to help auditors and audit committees communicate better. While Auditing Standard No. 16 (dubbed Communication with Audit Committees) still has to be approved by …

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  • Financial Auditor RFP Not Mandatory Rotation

    Should we have mandatory Financial Auditor rotation? When Congress was deliberating the Sarbanes-Oxley Act in 2002, it considered a requirement that all public companies change (or “rotate”) their Financial Auditor every five years. Congress ultimately decided against mandatoryFinancial Auditor rotation, but it did require mandatory partner rotation — …

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  • Internal Auditors Need More Support from Management

    Internal auditors feel they need more visible and vocal support from senior managers within their organizations as changing demands put them under more pressure, according to a new survey. The survey, by Thomson Reuters, found that the increasing amount of regulation, renewed focus on fraud …

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