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Fallout of accounting scandals: some local firms stop auditing public companies.(Focus: professional services)
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Westchester County Business Journal
- Article date:
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September 15, 2003
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Copyright informationCOPYRIGHT 2003 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As the deadline for registering with a new accounting oversight board grows closer, several Westchester firms have signed up even though they are no longer auditing public companies because of the risk.
O'Connor, Davies, Munns and Dobbins (ODMD) stepped handling publicly traded companies about six months ago, partly because of the fallout over the corporate accounting scandals and insurance liabilities, said Kevin Keane, a managing partner of the Harrison-based firm.
"We're not in it right now, but we haven't closed any doors," Keane said, when asked why the firm decided to register with the Pubic Company Accounting Oversight Board. His firm recently merged with ...
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