Company executives and directors like to believe they can purchase a posse of “trusted advisors”. Instead, they’ve often only bought a gaggle of self-interested auditors, lawyers, and consultants. But to whom does each of those vendors owe loyalty?
The results of Protiviti’s survey of Sarbanes-Oxley compliance are out. I like seeing viable alternatives to the Big Four audit firms.
What’s the hottest new area of expertise in the accounting world? I’m thinking of something other than bankruptcy, IFRS expertise or fair value accounting, which are on the horizon, looming. Let me give you some hints: “In January 2005, management substantially expanded its internal review and engaged FTI Consulting, Inc., who have extensive financial experience […]