Earlier this week, I did a blog entry looking at whether the US was in a recession. As I said at the time, it depends how you define it but the signs are not looking good and things are......

Why are there more male leaders, both corporate and political, than female? A new study has confirmed something we have all long suspected - a fair bit of gender bias.The study from the Pew Research...

We have talked many times about how Sarbanes-Oxley has turned into a goldmine for accountants.The other lot that's made big gains are the lawyers. Sarbanes-Oxley means we're now seeing more...

Finally, the US has moved another step closer to joining the rest of the world with the Securities and Exchange Commission releasing a road map that would have US companies using International...

The number of personal information leaks reported in the US this year have already eclipsed the total amount in all of 2007, according to the latest figures from the Identity Theft Resource Center...

The banking sector is in serious trouble and it's likely to get worse with the Federal Deposit Insurance Corp revealing that the number of banks on its "problem list" has jumped 30 per...

US taxpayers are subsidizing CEO salaries by more than $20 billion a year through tax and accounting loopholes, according to a report by the Institute of Policy Studies. That is more than double what...

Is the US in recession or not?That really depends on how you would define it. Sure, US unemployment has risen sharply, and there are lots of other signs confirming that the US economy is going down...

Was it ever going to be any different? The US Court of Appeals for the District of Columbia Circuit has upheld the constitutionality of Sarbanes-Oxley, and in particular the Public Company Accounting...

So Conrad Black's latest appeal against his six and a half year sentence has been rejected. No surprises there. But it's not surprising either to read that the Lord Black of Crossharbour has...

It has not been a great year for Merrill Lynch with New York State Attorney General Andrew Cuomo moving to sue the firm for allegedly misleading investors over auction rate securities. Things are so...

Last month, I did a blog entry on Crocodile Dundee star Paul Hogan's battle with tax authorities. Basically, he was challenging the tax man to come and get him.Looks like the authorities are...

Looks like Siemens is close to doing a deal with the Securities and Exchange Commission with Der Spiegel reporting that the company is about to secure a settlement with the regulator.This is the...

The News Corp share price has not been doing that well but that hasn't stopped Rupert Murdoch getting a $30.1 million payout, up 24 per cent from a year before. That's despite the...

What impact will the climate crisis have on business organizations?It will reshape them, bringing in new lines of reporting and accountability. And it will usher in new careers and jobs. I explain...

The Germans are coming!! With economies slowing down, German discount chains such as Lidl and Aldi, another are taking market share, charging some 30-50% less for groceries than ordinary...

No surprises here with reports that Siemens had basically set up systems that had its managers aiding and abetting in the corruption.Based on the disclosures, here, it seems that Siemens'...

More signs that Britain will have a hard time internationally with Organization for Economic Co-operation and Development member-states slamming London's failure to deal with corporate...

Last Friday's announcement that the Mrs Fields Famous Brands chain of cookie shops has gone broke is another sign of the deep problems now confronting the US economy. It has has filed for Chapter...

Is this the canary in the coal mine?In another sign that the effects of the US subprime crisis have spread globally, Bloomberg reports that global business air traffic fell 0.4 percent in June, the...

Big question marks hang over the latest proposals from the Financial Accounting Standards Board, reported here, requiring companies to account for the potential cost of ongoing litigation. As The...