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EY punished over PeopleSoft dealings
April 17, 2004
Accounting firm Ernst & Young is barred from adding publicly traded firms to its client roster because of its dual relationship with PeopleSoft.
TAGS:
PeopleSoft Inc.
,
dealing
,
auditing
,
audit
,
accounting
SEC fails own security and accounting tests
May 27, 2005
National watchdog finds sensitive data at risk and problems with internal financial practices at the SEC.
TAGS:
financial statement
,
audit
,
information security
,
accounting
,
weakness
,
compliance
,
monitoring
,
security
IBM seals accounting software pact
October 7, 2003
Big Blue announces that it is working with audit firm KPMG to develop new software that's designed to help companies improve their financial reporting processes.
TAGS:
KPMG Consulting Inc.
,
financial reporting
,
financial management
,
IBM Corp.
,
Sarbanes-Oxley Act
,
accounting
,
audit
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information technology
,
database
Fraud and its discontents
June 21, 2003
Financial and accounting experts examine how recent corporate scandals and federal legislation have put additional pressures on boards and audit committees.
TAGS:
audit committee
,
board member
,
accounting
,
GAAP
,
financial statement
,
audit
,
finance
,
shareholder
,
professor
,
CEO
Embattled CA fires nine workers
April 19, 2004
The software maker dismisses nine employees in its legal and finance departments amid several probes into its accounting practices.
TAGS:
Computer Associates International Inc.
,
Sanjay Kumar
,
probe
,
finance
,
investigation
,
worker
,
audit
,
accounting
CA names interim CEO, restates revenue
April 26, 2004
Computer Associates International board member Kenneth Cron takes the reins as interim CEO, and the company announces that it prematurely booked $2.2 billion in revenue during 2000 and 2001.
TAGS:
Kenneth Cron
,
interim-CEO
,
Computer Associates International Inc.
,
Jeff Clarke
,
Vivendi Universal Games Inc.
,
audit
,
CFO
,
CEO
,
senior vice president
,
accounting
,
software company
Nortel agrees to outsource manufacturing
June 29, 2004
Company will hand over most of its manufacturing operations and 2,500 employees to Flextronics as it continues to cut costs.
TAGS:
Flextronics International Ltd.
,
Nortel Networks Corp.
,
outsource
,
systems integration
,
manufacturing
,
supply chain
,
audit
,
agreement
,
supplier
,
accounting
SOX clock ticking for overseas businesses
July 26, 2006
Reached milestone means they'll have to comply with U.S. accounting regulations or face legal consequences.
TAGS:
Sarbanes-Oxley Act
,
Section 404
,
SAP AG
,
compliance
,
risk management
,
financial reporting
,
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,
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