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Latest U.S. Public Company Accounting Oversight Board Stories

2005-07-21 18:40:43

WASHINGTON (Reuters) - The U.S. Public Company Accounting Oversight Board said on Thursday that it will vote on Tuesday on a proposal to bar corporate auditors from providing aggressive tax shelter advice to audit clients. The proposal, as previously reported, enjoys wide support and will likely be adopted unanimously, said sources close to the PCAOB, a panel set up under the post-Enron Sarbanes-Oxley accounting and corporate governance reforms of 2002. The PCAOB rules, unanimously...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'