The Public Company Accounting Oversight Board said that it won't publicly release the control problems and structural deficiencies uncovered at the Big Four firms during its initial round of inspection reports.
The board said that those issues, originally reported directly to the firms in August 2004, were adequately addressed by the firms over the following year as required under the Sarbanes-Oxley Act.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access