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


UBS woes Title: UBS woes
PermaLink: http://www.soxfirst.com/50226711/ubs_woes.php

Filed in archive markets by leon on May 07, 2008

It's been a bad bad week for Swiss bank UBS.First it announces it's on the way to cutting 5500 jobs after losing $11 billion in the first quarter as a result of the US subprime crisis. Most...

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Corporations and bad health Title: Corporations and bad health
PermaLink: http://www.soxfirst.com/50226711/corporations_and_bad_health.php

Filed in archive Ethics by leon on May 06, 2008

Whether it's because of cigarettes, or binge drinking or pollution, it's often blamed on the big corporations.Now a group of academics at City University of New York and University of...

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Accounting degrees rise 19 per cent Title: Accounting degrees rise 19 per cent
PermaLink: http://www.soxfirst.com/50226711/accounting_degrees_rise_19_per_cent.php

Filed in archive Accounting by leon on May 06, 2008

I have always talked about Sarbanes-Oxley being a gold-mine for accountants. So big a gold-mine that accountants seem to be recession-proof.That might explain the latest data showing that accounting...

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Directors' pay heads north Title: Directors' pay heads north
PermaLink: http://www.soxfirst.com/50226711/directors_pay_heads_north.php

Filed in archive boards of directors by leon on May 05, 2008

Directors pay is going up, according to a new study from the Corporate Library.Directors' pay has gone up 12 per cent and the explanation given is that it's because of the increased workload....

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Women whistleblowers suffer more Title: Women whistleblowers suffer more
PermaLink: http://www.soxfirst.com/50226711/women_whistleblowers_suffer_more.php

Filed in archive SOX by leon on May 05, 2008

Turning into a whistleblower is a fraught decision. Once it happens, you can expect some form of retaliation. Many would say doing the right thing is not necessarily the right thing to do in terms of...

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Does gold stack up? Title: Does gold stack up?
PermaLink: http://www.soxfirst.com/50226711/does_gold_stack_up.php

Filed in archive markets by leon on May 03, 2008

No substance has held as much allure over the centuries as gold. And that allure still seems to hold with gold prices going up to as much as $1000 an ounce in March. The price has dropped back...

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Cybercrime primer Title: Cybercrime primer
PermaLink: http://www.soxfirst.com/50226711/cybercrime_primer.php

Filed in archive risk by leon on May 02, 2008

Phishing. E-bank theft. Spoofing. Botnets.All terms describing different forms of cybercrime. Some good details in this piece of research from Stan Kratchman, Jacob Smith and L. Murphy Smith from the...

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Average 2007 SOX compliance bill: $1.7 Million Title: Average 2007 SOX compliance bill: $1.7 Million
PermaLink: http://www.soxfirst.com/50226711/average_2007_sox_compliance_bill_17_million.php

Filed in archive SOX by leon on May 02, 2008

Average compliance with Sarbanes-Oxley has now hit $1.7 million for big companies with average annual revenues of $4.7 billion. And while compliance costs are actually slipping, that hasn't...

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Siemens: from bad to worse Title: Siemens: from bad to worse
PermaLink: http://www.soxfirst.com/50226711/siemens_from_bad_to_worse.php

Filed in archive corporate crime by leon on May 01, 2008

Siemens earnings are sliding, down 67 per cent, because of project delays, cancellations and costs flowing the bribery investigation.Siemens latest woes coincide with a report from international law...

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PCAOB targets mortgage securities Title: PCAOB targets mortgage securities
PermaLink: http://www.soxfirst.com/50226711/pcaob_targets_mortgage_securities.php

Filed in archive Accounting by leon on May 01, 2008

Here's a warning to all audit firms: the Public Company Accounting Oversight Board has signalled that it will target securitized mortgage loans and collateralized debt offerings when it inspects...

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