January 29, 2003

In connection with the audit of Xerox, the SEC has filed fraud charges against KPMG - and four partners of KPMG - in a NY federal district court - see http://www.sec.gov/news/press/2003-16.htm.

The SEC has posted the final rules on auditor independence implementing SOX 208, 201-204 and 206 at http://www.sec.gov/rules/final/33-8183.htm.

Later today, we will post our "Sarbanes Oxley Scorecard" on the home page of TheCorporateCounsel.net - to facilitate your ability to access each proposing and adopting release. In addition, we will post a checklist of disclosure items to consider for this year's 10-K early next week as part of the February E-Minders.

Posted by broc at 10:25 AM
Permalink: In connection with the audit