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Audit Reports Could Face Biggest Shake-Up Yet — CFO.com

By Securities Docket on August 13, 2013, 6:16 pm

Until now, a typical audit report included a couple of paragraphs or boilerplate rundown of whether a firm received a passing or failing grade; in other words, if the company could continue as a going concern. But the PCAOB is looking to change that. Though it will still keep the pass/fail audit test, the PCAOB is […]

Posted in Industry, Top | Tagged Auditors, PCAOB

Former Hewlett-Packard CEO Hurd wins dismissal of securities-fraud suit – NYPOST.com

By Securities Docket on August 13, 2013, 10:40 am

Hewlett-Packard and its former chief executive, Mark Hurd, won the dismissal of a securities-fraud lawsuit that alleged the computer maker didn’t abide by its standards of business conduct as Hurd allegedly engaged in sexual harassment. A US federal judge found HP’s ethics statements were too vague. via Former Hewlett-Packard CEO Hurd wins dismissal of securities-fraud […]

Posted in Class Actions, Top | Tagged Dismissals