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| July 1, 2006 | The
Newspaper of the NYSSCPA |
Vol.
9, No.12 |
| PCAOB
Seeks Dismissal of SOX Suit |
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WASHINGTON—After the free-market advocacy nonprofit group the Free Enterprise Fund (FEF) hit the Public Company Accounting Oversight Board (PCAOB) with a lawsuit in February claiming that government entity was unconstitutional, the Board is striking back and is moving to dismiss the suit. |
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| Pataki Signs Bills to Thwart ID Theft |
| NEW YORK—Governor
George Pataki last month signed into law a trio of bills aimed at
protecting New Yorkers from the burgeoning threat of identity theft:
the Disposal of Personal Records Law, the Security Freeze Law and
the Anti-Phishing Act of 2006. Continue...
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| Anti-Fraud Conference Runs the Gamut |
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NEW YORK—The
Foundation for Accounting Education’s Anti-Fraud Conference,
held June 1 at the New York Marriott Marquis Times Square in Manhattan,
showcased information about the challenges of financial fraud and
how to respond to risks related to fraud.
Continue... |
| IRS Revises E-file Requirements |
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In an effort to lighten the reporting load of corporations and their shareholders, the IRS announced at the end of May that it would “review a number of regulations” in order to “simplify, clarify and eliminate” a series “of reporting requirements that unnecessarily added to the reporting burden” upon those entities. Continue... |
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