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Audit Firms Get Their Grades

Check out the latest accounting industry score card (PDF) from the Public Company Accounting Oversight Board (PCAOB), the U.S. regulator of accounting firms, which looked at the performance of such firms during the… READ MORE ›

FINREG meets NASCAR

In case you have not been watching, something has happened to FinReg. It is on a fast track. It took legislators in the U.S. over two years to move on fixing our financial system laws… READ MORE ›

Tough Medicine to Swallow?

The European Commission released a new consultation today on credit ratings agencies, continuing the post-crisis reform trajectory that began with the “CRA Regulation” (Regulation EC 1060/2009) which comes into full effect next month…. READ MORE ›

Bank of America Shareholders and the Mozilo Gorilla

Did you catch the reports on U.S. SEC settlements with former Countrywide chief Angelo Mozilo? It was the single biggest regulatory recovery from an individual ever, according to reports. A close examination of these reports reveals two things…. READ MORE ›