The scandal surrounding the slush funds set up by German conglomerate Siemens, which makes everything from light bulbs to high speed trains, has just gone from bad to worse with the arrest of a top...

Another one bites the dust.The whining from auditors about getting liability caps is likely to get louder with news that troubled US mortgage finance company Fannie Mae is suing former auditor KPMG...

As expected the Securities and Exchange Commission yesterday came out with its blueprint to ease financial-control rules and red tape for smaller public companies.Along the way, the SEC has also...

Here is the view from Jeff Skilling's four-bunk cell at the Federal Correctional Institution in Waseca, which lies south of Minneapolis. The undated photo, provided by the US Department of...

It wasn't that long ago that Conrad Black, who next year stands trial for fraud and plundering Hollinger International, was claiming that he wasn't a crook but a freedom fighter.His...

When things go wrong, the usual response from politicians is to bring in laws to restore public trust.Sarbanes-Oxley is probably the most high-profile example of that, but it happens in other...

Investors' gripes in Japan are getting louder. With mitsubishi UFJ Financial Group Inc under a cloud over negligence on money laundering and with Japanese regulators this month introducing new...

Now that Hewlett-Packard has settled with the state of California for $14.5 million, the question is what happens now? Is that an end to the pretexting scandal? Or are there other issues lurking?As...

The big story coming out of Europe over the last fortnight has been the corruption scandal inside the German industrial conglomerate Siemens where a slush funds were used to pay hundreds of millions...

I have explored in this blog entry how the bad governance of football's governing body, FIFA, has resulted in such scandals as match fixing and funds that go missing.Now a US District Judge...

Regulators might be moving to crack down on the illegal trade of market-moving information from companies, but hedge funds are tapping a rich source of inside tips and predictions: politicians and...

The moves to try and fix Sarbanes Oxley are gathering pace with the Public Company Accounting Oversight Board saying it will meet on December 19 to consider a revised auditing standard on internal...

One of the more extraordinary stories this year. It wasn't that long ago that the Seminole tribe of Florida was struggling in a cycle of chronic poverty and underemployment.Now they have bought...

Who said innovative companies are the most environmentally sound?Apple has been ranked stone motherless last by greenpeace. The activist group reckons that Apple uses toxic chemicals, does a bad job...

Offshoring accounting work to India is taking off with a new report showing that 1.6 million US tax returns will be prepared from India by 2011.It's a large figure but only a fraction of...

Early this year, The Coca Cola Company announced that executive Muhtar Kent would head up Coke's international operations.Since then, Kent has been tipped to be Coke's next Chief operating...

Former Deputy Attorney General Larry Thompson who wrote the memo the memo that underpinned the policy used to prosecute scandal-plagued corporations has conceded the prosecutors have gone too far and...

The Coca Cola Company has made significant improvements in the area of diversity, but it still has some way to go after being told by a federal judge to keep its eye on the ball, reports...

Some surprises in the latest breakdown of the world's best corporate citizens.The list prepared by the Reputation Institute, which based its findings of a survey 30,000 citizens around the world,...

This week, I interviewed Jeremy Cooper, the deputy chairman of the Australian corporate regulator, the Australian Securities and Investments Commission.We covered many topics, from private equity and...