Archives
_________::::____#173 - May 4, 2006________________
#173 Updated:  5/3/06 11:01 p.m.

05/04/06 PCAOB: Auditor Judgment Under Scrutiny
Responding to corporate complaints, the PCAOB says inspections of audit firms
this year will examine whether audits were cost-effective and properly focused on
controls that posed the greatest risks.

05/04/06 Enron Broadband prosecutors allege phony scheme
The retrial of two former Enron Broadband Services executives started today with
the government claiming the men created a phony finance scheme to boost the
business' earnings in 2000 and 2001.

05/04/06 Expert backs Enron's accounting practices
A highly credentialed accountant vouched for Enron's complex accounting practices
today, saying the company did not hide hundreds of millions of dollars in losses,
improperly tap reserves or fudge earnings numbers.

05/04/06 Tribe Gets $10M to Settle Accounting Claims
The Crow Tribe, based in Montana, received $10 million this week, putting an end
to a deal reached more than a year ago to settle trust accounting claims against
the U.S. Department of Interior.

05/04/06 Business Ethics Magazine Lists Top Corporate Citizens
Business Ethics Magazine has released its annual survey of the "100 Best
Corporate Citizens," with Waterbury, Vermont-based Green Mountain Coffee
Roasters topping the list.
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