Whole Network Accounting boards of directors Compliance Ethics executive pay SOX strategy


SOX squeeze on small business Title: SOX squeeze on small business
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Filed in archive SOX by leon on June 15, 2006

On one level it confirms the bleeding obvious. On another, it raises more nagging questions about the SOX effect that leave us none the wiser. And it's unlikely to provide much ammunition for the...

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The backdating game: the regulators and lawyers' picnic Title: The backdating game: the regulators and lawyers' picnic
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Filed in archive litigation by leon on June 14, 2006

Regulators plan to crunch the backdating of options, Securities and Exchange Commission chairman Christopher Cox told the Washington Post.And needless to say, the biggest scandal since Enron is also...

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Accountants: revolving doors, rock stars and gumshoe heroes. Title: Accountants: revolving doors, rock stars and gumshoe heroes.
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Filed in archive Accounting by leon on June 13, 2006

Sarbanes-Oxley has been blamed for many things. Now we're told the pressure of Sarbox is forcing chief financial officers to look for other jobs and contributing to enormous churn at CFO job...

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Business and climate change Title: Business and climate change
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Filed in archive risk by leon on June 12, 2006

How well prepared are businesses for climate change? How well prepared are insurers? It's going have a massive impact on the bottom line of insurers warns Lloyds of London in a new report Climate...

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Accounting at the cross-roads Title: Accounting at the cross-roads
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Filed in archive Accounting by leon on June 12, 2006

Last week, I interviewed Michael Crooch from the financial accounting Standards Board.During our conversation over coffee, he revealed how much Sarbanes-Oxley had transformed the accounting scene and...

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Hiding behind annual reports Title: Hiding behind annual reports
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Filed in archive Compliance 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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Cultural Revolution and China's numbers trouble Title: Cultural Revolution and China's numbers trouble
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Filed in archive Accounting by leon on June 09, 2006

It's been called the land of the missing accountants. The sorry state of the accountancy profession in China is the Legacy of the Cultural Revolution's war on capitalism, reports the...

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Exxon Mobil: no switch on climate change Title: Exxon Mobil: no switch on climate change
PermaLink: http://www.soxfirst.com/50226711/exxon_mobil_no_switch_on_climate_change.php

Filed in archive shareholder activism by leon on June 08, 2006

With last year's $36 billion profit, Exxon Mobil was America's most valuable company. Until it got hammered in the market on Wednesday.But the company's problems don't end there.......

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Trade secrets: the threat within Title: Trade secrets: the threat within
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Filed in archive risk by leon on June 08, 2006

The trade in trade secrets continues unabated. According to David Hannah, assistant professor of management and organisation studies at simon Fraser University in Canada, a 2002 survey of more than...

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Ethics: Talking the talk without doing Title: Ethics: Talking the talk without doing
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Filed in archive Ethics by leon on June 08, 2006

First the good news. More than 8 out of 10 US companies have codes of ethics and 98 per cent agree that an ethics and compliance program is an important part of corporate governance.But a new report...

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Reading your email Title: Reading your email
PermaLink: http://www.soxfirst.com/50226711/reading_your_email.php

Filed in archive Compliance 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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Finger pointing: Enron changes nothing Title: Finger pointing: Enron changes nothing
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Filed in archive SOX by leon on June 06, 2006

Check out the piece by Gary Weiss in Salon: Enron changed nothing.......

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Options scams: the regulators move in Title: Options scams: the regulators move in
PermaLink: http://www.soxfirst.com/50226711/options_scams_the_regulators_move_in.php

Filed in archive executive pay by leon on June 05, 2006

The fallout from the options backdating scandal continues and the dogs are barking.The number of public companies under investigation by the Securities and Exchange Commission or federal prosecutors...

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Lay and Skilling prison terms: place your bets Title: Lay and Skilling prison terms: place your bets
PermaLink: http://www.soxfirst.com/50226711/lay_and_skilling_prison_terms_place_your_bets.php

Filed in archive corporate crime by leon on June 05, 2006

Here's a chance to make some money on Enron, or even get some of it back!......

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Citigroup and Chinese Walls Title: Citigroup and Chinese Walls
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Filed in archive Ethics by leon on June 02, 2006

This morning, I spoke to Geraldine Doogue on ABC Radio National's Saturday Extra program about the Australian corporate regulator's insider-trading, conflict-of-interest lawsuit against...

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Business against corruption Title: Business against corruption
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Filed in archive Ethics by leon on June 02, 2006

Back in 2004, the UN Global Compact summit announced its Tenth Principle against corruption.So why are there still so many such cases?......

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Enron punchlines Title: Enron punchlines
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Filed in archive corporate crime by leon on June 01, 2006

Now that Ken Lay and Jeff Skilling look like spending the rest of their lives in the clink, the late-night jokes are flying thick and fast. A sampler:"Former Enron founder Ken Lay and CEO...

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