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Audit and governance steps to manage the compliance maze and actually improve the business

August 26, 2008

Pundits Suggest PCAOB on Its Last Legs

Monday, I wrote that the U.S. Court of Appeals for the District of Columbia Circuit dismissed the case challenging the constitutionality of the Public Company Accounting Oversight Board. The decision means that Sarbanes-Oxley supporters can rest easy — for a time, at least. The Free Enterprise Fund plans to appeal the decision, which means the […]

August 25, 2008

Sarbanes-Oxley Survives Court Challenge … So Far

A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit sided with Sarbanes-Oxley last week when it decided the issues raised in a suit filed against the Public Company Accounting Oversight Board (PCAOB) did not merit a trial.
The plaintiffs alleged that, inasmuch as Sarbanes-Oxley created the PCAOB so that its members […]

August 22, 2008

Not All Knee-Jerk Regulation Is Bad

Using a fight scene from the classic film “Butch Cassidy and the Sundance Kid” and references to this year’s “The Dark Knight” to illustrate his point, West Coast Asset Management President Lance Helfert says knee-jerk regulation is like establishing rules to change a fight’s result rather than “ensure fair competition.”
In his post on SeekingAlpha, Helfert […]

August 21, 2008

Creative Fundraising from SocialMedian

Here’s a little piece of advice from Tech Crunch’s Michael Arrington: If you’re not a public company and you haven’t registered with the Securities and Exchange Commission to make an initial public offering via the proper channels — don’t make a public offering through non-conventional channels.
According to Arrington’s Wednesday post:
SocialMedian founder Jason Goldberg wrote a […]

August 20, 2008

What Will Add Value to New York State’s Enterprise IT Governance?

As I mentioned, last week I had the opportunity to speak with representatives from the University at Albany’s Center for Technology in Government, or CTG. The center is working with the New York State CIO/Office for Technology to determine whether and how an enterprise IT governance framework would be of value to the state’s IT […]

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