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Sarbanes-Oxley News & Developments
2005-11-23 | Two Companies RestateJohnson Controls wrestles with deconsolidating a joint venture; Ameritrade reexamines prepaid variable forward contracts.
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2005-11-22 | Ex-HealthSouth Finance Exec Found GuiltyOnetime chief financial officer Weston Smith testified that 'Sonny' Crumpler identified outpatient facilities where improper accounting could be concealed.
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2005-11-14 | GAO Finds Serious Flaws in IRS ControlsThe service reportedly did not provide "reasonable assurance" that losses, misstatements, and noncompliance could be prevented or found out in sufficient time.
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2005-11-04 | Ex-Andersen Auditors of Enron Cited The Texas accounting board is trying to take disciplinary action against seven former Arthur Andersen accountants for their role in the collapse of Enron.
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2005-11-04 | Ex-CFO Settles SEC Fraud ChargesAccording to the SEC, the former health-care finance chief made bogus manual journal entries that overstated the value of numerous assets and operating income and understated liabilities.
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2005-11-03 | SEC Charges Seven in Ahold Fraud'The use of third-party confirmations is an important part of the audit process, and the commission will hold accountable those who work to subvert it,' maintains the commission.
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2005-11-03 | Qwest to Settle Claims for $400 MillionThe agreement would dismiss all claims against Qwest and individual defendants except former chief executive officer Joseph Nacchio and former chief financial officer Robert Woodruff.
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