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Sarbanes-Oxley News & Developments
EDS Filing Delayed / KPMG Needs More TimeThe postponement in connection with an impairment evaluation suggests that auditors, under pressure to report accurately, might be getting tougher with their clients.
> > The fact that Electronic Data Systems Corporation (EDS)will delay the release of its third quarter results to give auditors more time to do their work suggests that the largest accounting firms might be getting tougher on their clients, mindful that they will be subjected to annual reviews by the Public Company Accounting Oversight Board (PCAOB) themselves.
Source: CFO
Published:2004-10-27
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