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