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Wary Auditors, Clients Worry

Fearful of being second-guessed, auditors, executives, and audit-committee members are asking for more rules, the chairman of the accounting standards board says.

> > FASB chairman Robert Herz is concerned that auditors as well as the companies they audit are acting too conservatively when preparing financial reports
Source: CFO


Published:2005-01-25
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Capital Markets Report Urges 404 Fixes
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Wal-Mart Whistleblower Drops Lawsuit
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