Company News
2003 | 2002 | 2001
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| December 2002 |
PLUS Journal: Selected excerpts from a White Paper on the Changing Environment of Underwriting and Loss Prevention by Mark Cheffers published as "Revisiting the Loss-Prevention Debate; Leveraging a Major Paradigm Shift". |
| December 11, 2002 |
Cox News: In a story about the nomination of William Donaldson to head the SEC, Mark Cheffers says Donaldson has the right range of experiences: "After starting up an investment banking firm and running a company like Aetna, he should know everything you need to know to protect investors." |
| December 10, 2002 |
Bloomberg News: Mark Cheffes, founder of AccountingMalpractice.com, comments on Kmart's plans to restate results for past 3 years. |
| December 9, 2002 |
Wall Street Journal: Mark Cheffes comments on the effect that the loss of confidence in an audit committe can have on a company's valuation. |
| November 8, 2002 |
SmartPros Accounting: AccountingMalpractice.com's Marke Cheffers sees Pitt's resignation as causing delays to the process of cleaning up accounting. |
| October 31, 2002 |
Reuters: Mark Cheffers comments on the loss of credibility the Public Company Accounting Oversight Board has suffered due to the recent revelations which link William Webster to a company facing fraud charges. |
| October 24, 2002 |
USA Today: In an article by Matt Krantz on a recent report issued by the GAO, Mark Cheffers comments that investors should brace for more restatements, due to the greater scrutiny over bum accounting. |
| October 23, 2002 |
Wall Street Journal Online: Mark Cheffers makes the case that it is time for auditors to give investors more information than a simple pass/fail grade. Comments that this would help to restore investor confidence in light of the recent accounting scandals. |
| October 7, 2002 |
The Mercury News: In an article about Cisco's balance sheet debt, Mark Cheffers says: "I found some of their disclosures about commitments they had in the future -- to buy things, to finish acquisitions, etc -- to be not really adequate." |
| September 3, 2002 |
USA Today: CEO of AccountingMalpractice.com, Mark Cheffers says the investigators of AOL's booking of ad revenue have broad leeway. "They have to evaluate the intent of the transaction and what either side gained. With financial misrepresentation you know it when you see it." |
| August 27, 2002 |
Reuters: Mark Cheffers comments on Andersen Worldwide's settlement of $60 million. "It would have been had for plaintiffs to aggressively pursue claims against an entity that is effectively winding down. In particular, (the settlement) appears to be a good deal for Andersen since it is only a fraction of the amount that the plaintiffs initially expected to recoup from Andersen." |
| August 7, 2002 |
Reuters: In an article entitled "Signing off on books is no balm for accounting games", Mark Cheffers comments on corporate chiefs swearing their books are clean. |
| July 23, 2002 |
The Mercury News: Mark Cheffers comments on the brazenness of the alleged accounting fraud scheme used by execs at HPL Technologies. |
| July 7, 2002 |
The Atlanta Journal: Chief Research Analyst, Jeffrey Bourassa, comments on the AICPA's position on the Sarbanes bill. |
| June 29, 2002 |
Telegraph UK: In an article on the WorldCom accounting fraud, Mark Cheffers comments: "I am more worried about the ramifications of WorldCom than I was about Enron." |
| June 28, 2002 |
Forbes: AccountingMalpractice.com CEO Mark Cheffers comments on both the "blessing and burden" the Big Four have in picking up Andersen's business. |
| June 27, 2002 |
Chicago Tribune: In an article titled "Simple accounting trickery escaped Andersen auditors", Mark Cheffers offers insight into the WorldCom accounting scandal. |
| June 22, 2002 |
Reuters: Mark Cheffers comments on the Big Four accounting firms reaping the benefits of the fall of Arthur Andersen. |
| June 17, 2002 |
USA Today: "Watching Andersen struggle has caused other accounting firms to realize they will have to assign more people to scrutinize companies' books," said Mark Cheffers in an article titled, 'With Andersen out, fees may rise' by Matt Krantz. |
| June 17, 2002 |
Reuters: In an article by Peter Ramjug, Mark Cheffers comments that PWC's DiPiazza's six-point grading system was intriguing and could revolutionize what takes place in an audit. |
| May 29, 2002 |
Marketplace Radio: Mark Cheffers, CEO of AccountingMalpractice.com, is interviewed and gives his analysis of Deloitte & Touche's handling of Adelphia Communications accounting. |
| May 20, 2002 |
AccountingMalpractice.com unveils an improved site layout and architecture to better serve its customers. Included is access to new and unique databases and content. |
| May 6, 2002 |
USA Today: In an article on Andersen's audit of Peregrine Systems, Mark cheffers notes that Andersen is 'raising questions about its link with aggressive management teams. Investors are increasingly worried Andersen used "gray areas in the rules" to approve questionable books.' |
| April 29, 2002 |
Reuters: Mark Cheffers comments on the influence large non-audit fees may have on audit work. |
| March 19, 2002 |
Reuters: Mark Cheffers discusses the future of Arthur Andersen. |
| March 12, 2002 |
Mercury News: Mark Cheffers discusses the need for transparent accounting reports. |
| March 9, 2002 |
Chicago Tribune: Mark Cheffers comments on Andersen's proposed settlement resulting from the Enron crisis. |
| March 2, 2002 |
Los Angeles Times: Mark Cheffers discusses how a trial would create more negative publicity for Andersen. |
| February 22, 2002 |
Chicago Tribune: Mark Cheffers discusses the typical litigation practices of the "Big Five". |
| February 4, 2002 |
Fortune: Mark Cheffers discusses Andersen's potential liability as a result of their involvement with Enron. |
| February 4, 2002 |
Los Angeles Times: Mark Cheffers discusses how the creation of an oversight board could be a significant step in overhauling disputed practices at Andersen. |
| February 3, 2002 |
Reuters: Mark Cheffers discusses the Enron matter and Andersen's retention of the former Fed Chairman, Paul Volcker. |
| January 23, 2002 |
Los Angeles Times: Mark Cheffers discusses how large consulting fees may color the judgment of the auditor. |
| January 22, 2002 |
USA Today: Mark Cheffers explained the roles of special purpose entities and the Chewco transaction. |
| January 21, 2002 |
Los Angeles Times: Mark Cheffers estimates the range of potential claims against Andersen as a result of their involvement with Enron. |
| January 18, 2002 |
The Kiplinger Letter: Mark Cheffers discusses the prospect of the Big Five facing more onerous regulatory oversight due to the Enron disaster. |
| January 16, 2002 |
Wall Street Journal: Mark Cheffers discusses Andersen's liability and insurance coverage. |
| January 15, 2002 |
CNBC: Mark Cheffers appears on CNBC's "Sqawk Box" regarding Andersen's liability relating to their involvement with Enron. |
| January 14, 2002 |
Wall Street Journal: Mark Cheffers discusses aspects of Peer Review in the accounting industry. |
| January 14, 2002 |
USA Today: Mark Cheffers discusses Andersen's survival. |
| January 13, 2002 |
Time Magazine: Mark Cheffers discusses Andersen's survival. |
| January 11, 2002 |
ABC News: Mark Cheffers is interviewed by Sam Donaldson regarding the legal and malpractice ramifications of Arthur Andersen having disposed of documents that related to the Enron case.
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