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by leon on June 09, 2006
Here's a reason why annual reports are hard to read - the directors and managers might be trying to hide something.Those are the findings of a University of Michigan study.......
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by leon on June 07, 2006
Think before you hit that "send" key.With emails now a compliance minefield, the big corporations in the US and Britain are now bringing in snoops to monitor and vet emails at the...
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by leon on May 22, 2006
Plenty of debate since the USA Today report earlier this month that the national security Agency was using data provided by AT&T, Verizon and BellSouth to collect phone call records of tens of...
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by leon on April 26, 2006
The irony is just too much. The Government Accountability Office has found that material weaknesses in the Securities and Exchange Commission's internal controls identified in an audit of the...
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by leon on April 19, 2006
Just couldn't go past this funny story.Here's a lesson for businesses struggling to meet the demands of data protection under Sarbanes-Oxley. Be careful how you encrypt the stuff that needs...
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by leon on April 12, 2006
Employee monitoring is a fact. It's a trend happening the world over. Check this report from Japan, for instance, where more companies are putting in tracking software that, among other things,...
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by leon on March 21, 2006
Last month, I blogged on the question of whether quarterly earnings forecasts were about transparency or whether they were just a fool's game that just encouraged appalling short-term-ism.Another...
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by leon on March 15, 2006
Merrill Lynch has been pinged $2.5 million for failing to promptly provide the Securities and Exchange Commission with e-mail messages that the regulators had been chasing for 16 months. According to...
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by leon on February 27, 2006
Welcome to Dumbsville.First, a red-faced H&R Block, which helps millions of people do their taxes, comes out with the embarrassing news that it messed up its own tax bill and that it owes another...
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by leon on February 22, 2006
Last year, US Chamber of Commerce president and chief executive Thomas J. Donohue gave an address calling on all publicly traded companies to stop offering quarterly earnings guidance, saying these...
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by leon on February 15, 2006
IBM's Global Security Intelligence has warned that there will be a big shift in cybercrime this year. Along with mobile devices, instant messaging from botnets, blogging-led security leaks,...
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by leon on February 08, 2006
By Viagra!! With Yahoo and AOL planning a service that will charge businesses to send email , claiming the fee would help reduce fraudulent and spam email, Charles Kraeuter of Forbes has a...
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by leon on January 23, 2006
Designing good systems for internal controls under Sarbanes-Oxley Section 404 has been compared to "finding a needle in a stack of needles".Hugh Taylor, vice president of marketing at SOA...
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by leon on January 02, 2006
Expect the compliance treadmill is about to slow down? Think again. '06 and '07 are set to be big years for monitoring, record keeping and re-engineering of processes across businesses....
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by leon on December 28, 2005
First the good news. It's a great time to be an accountant or an IT specialist. Florida-based Kforce Professional Staffing has released Salary & Employment Guides showing that there will be a...
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by leon on December 26, 2005
After years of struggling with Sarbanes-Oxley and other bits and pieces of regulation, CSOs say compliance is about to get worse. They predict regulation will be messier and complicated in 2006. The...
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by leon on November 30, 2005
The latest figures from AMR Research show that companies will spend $6 billion on Sarbanes-Oxley compliance in 2006. That's pretty pretty much in line with what was spent last year. Still, nobody...
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by leon on November 14, 2005
The costs of SOX compliance. Some businesses still say they are burning money. In the beginning, there was talk of it being an initial one-off cost, but the latest from AMR Research says compliance...
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by leon on November 11, 2005
One of the most striking features in corporate scandals in recent years is the role of email. When Morgan Stanley was ordered earlier this year to pay $1.45 billion to billionaire financier Ronald...
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