Restatements Up Sharply Amid SOX Rules and Auditor Shuffle
A Chicago based consulting group reports restatements rose nearly a third to 354 in the year ending June 30, 2002, with overall 53 percent rise since 1999. Revenue recognition issues drive filings, smaller firms most affected, and Tyco’s restatement actions highlight broader regulatory pressures. The House Financial Services Committee notes improvements under Sarbanes Oxley while criticizing lax oversight.
MENTIONED IN THIS ARTICLE
Chicago
Huron Consulting Group
Huron
Sarbanes-Oxley
Joseph Floyd
Floyd
Andersen
House Financial Services Committee
Michael Oxley
Ohio
Paul Sarbanes
Tyco International Ltd
House
America
Securities and Exchange Commission
Regional Social Services adds new staff and interns
Southern Illinois Regional Social Services announces new staff members Brenda Liggins Pamela Heinzel Allison Van Dyke Gloria Franklin and Kathleen Egelston joining in roles ranging human resources adult counseling psychosocial rehabilitation ACT casework and psychiatric nursing. Volunteers and interns Julie Pettapiece Nima Patel Michele Garber also join the team. Carrie Ashby receives 2003 Union Planters Best Award for exemplifying core values at Union Planters Bank Marion. Modern Woodmen of America reps Gaddis and Jones complete five day financial planning program at Rock Island office. Pamela Allen Lorraine Brown of Creative Memories Carbondale complete training seminars Evansville Indiana. Bobbie Barlowe certified massage therapist joins Great Shapes Fitness Carbondale.
MENTIONED IN THIS ARTICLE
Brenda Liggins
Carbondale
Pamela Heinzel
Makanda
Allison van Dyke
Desoto
Gloria Franklin
Marion
Act
Kathleen Egelston
Carterville
Julie Pettapiece
Nima Patel
Michele Garber
SIRSS
Carrie Ashby
Union Planter’s Best
Ashby
Union Planter’s Bank
Tennessee
Southern Illinois
Christopher M. Gaddis
Kenneth R. Jones
Cairo
Modern
Woodmen of America
Rock Island
Hospice nurse Lynn Cross finds meaning in helping families
Southern Illinoisans at Work profiles Lynn Cross, a registered nurse and team leader at VNA TIP Hospice in Herrin. She has worked a year and a half, supervising nurses, admitting patients, coordinating calls, and overseeing office duties while wearing navy pants and a white top. Cross values comforting families through end-of-life care and notes long hours with on-call duties can add overtime. she earned LPN and RN licenses from John A. Logan College and shifted from nursing homes to hospice after a pivotal clinical rotation.
MENTIONED IN THIS ARTICLE
Lynn Cross
Vnatip Hospice
Herrin
Cross
John A. Logan College
Carterville
Internet access grows as nearly half of farms online
An Agriculture Department survey finds 48 percent of the United States 2 million farms have Internet access, up from 13 percent in 1997 and 43 percent in 2001. It notes 54 percent of farms own or rent computers and highlights rural broadband efforts and farmer reliance on online market data.
MENTIONED IN THIS ARTICLE
Washington
United States
Agriculture Department
Mark Aitken
Corporate crackdown lures back investors says SEC chief
SEC chairman William Donaldson says the past year's crackdown on corporate corruption has restored investor confidence and helped revive stock markets. He warns some firms still dodge reform, notes murky accounting and pension fund shortfalls, and urges boards to set long-term goals beyond quarterly targets.
MENTIONED IN THIS ARTICLE
SEC
Washington
Securities and Exchange Commission
Donaldson
Enron
WorldCom
Wall Street
Congress
New York Stock Exchange
Bush
Harvey Pitt
America
Imperial
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Knight Ridder News
Carbondale — Southern Illinois Regional Social Services, Inc
Union Planter’s Best Award
Pamela Allen
Lorraine Brown
Creative Memories In
Evansville
Ind
Allen and
Brown
Allen
Bobbie Barlowe
Great Shapes Fitness
S. Illinois Ave
Barlowe
Southwestern Illinois College
Midwest Institute of Massage Therapy
Benton
University of Illinois Extension
Cape Girardeau
Kenneth W. Dobbins
Southeast Missouri State University
SEMO
Board of Regents
Dobbins
Chuck Novara
the Southern
Caleb Hale
Caleb.hale
Thesouthern
Mitsubishi
Tri-State
Projector Place
USDA
Department
Aileen Herring
Wayne
Herrings
Elsberry
Arleen Herring
Herring
Matthew Bennett
Alliance For Public Technology
The
Associated Press
William Donaldson
Labor Department