December 2003
Financial Executive;Dec2003, Vol. 19 Issue 9, p69
Academic Journal
This article reports on the written comment issued by the Committee on Corporate Reporting (CCR) of the Financial Executive Institute regarding the proposal of the U.S. Public Company Accounting Oversight Board in December 2003. In the statement the author notes that the CCR calls on corporations to provide better internal auditing and operates independently of the organization's management, suggesting this would be a conflict on interest. The author also adds that statement addresses the use of external auditors, noting that the CCR preference in clearly for the use of internal auditing.


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