We are launching our survey contests today - your chance to win one of three great Hardcover Books. The first book is "The World is flat - brief history of the twenty-first century" written...
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Filed in archive Ethics
by leon on March 31, 2006
A sensational case in Australia with reports that the corporate cops at the Australian Securities and Investments Commission have filed a civil suit against Citigroup alleging insider trading and...
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Filed in archive Accounting
by leon on March 31, 2006
So is the US Government guilty of "prosecutorial misconduct" in the KPMG tax shelter case? Certainly that's the line in this report quoting Stanley Arkin, an attorney representing one...
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Filed in archive risk
by leon on March 30, 2006
With researchers into avian flu claiming only partial success with the latest batch of vaccine (it works only half the time and only when given in big doses), Mercer Human Resource Consulting has put...
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Filed in archive corporate crime
by leon on March 30, 2006
Check this Chicago Tribune account about the legal tussle over newspaper tycoon Conrad black's papers.When the Securities and Exchange Commission filed a civil lawsuit alleging Black and his No.2...
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Filed in archive SOX
by leon on March 29, 2006
With material weakness and whistleblowers identified as the two key issues in the post-Sarbanes-Oxley world, it's interesting to read this report in Inc.com about how some companies are using...
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Filed in archive risk
by leon on March 28, 2006
Last month, I blogged on a bizarre series of corporate cock-ups, including one where Ernst & Young had gone and lost a laptop containing confidential information of its customers. The list of...
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Filed in archive SOX
by leon on March 28, 2006
With restatements booming as never before, a new study suggests we are seeing the emergence of "serial restaters".According to the Glass Lewis & Co study, of nearly 2000 public US...
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Filed in archive SOX
by leon on March 27, 2006
If success is about getting what you want, happiness is about wanting what you get.With that in mind, it's worth checking this provocative warning from Thomas A. Basilo, chairman & CEO of...
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Filed in archive Accounting
by leon on March 27, 2006
The biggest winners out of Sarbanes-Oxley are the accountants. Back in December, I blogged on how the beancounters were cleaning up.The trend has continued with the starting salaries for accounting...
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Filed in archive strategy
by leon on March 27, 2006
Everywhere you look, the bookshelves are getting crowded with modern management books. Some are good, some are just full of platitudinous crap and just a waste of trees. Pretentious and badly...
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Filed in archive SOX
by leon on March 24, 2006
With Sarbanes-Oxley now subject to vocal attacks and lawsuits, Paul Sarbanes has come out defending the legislation, saying the critics have it all wrong. In particular, he slates the claim that it...
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Filed in archive Ethics
by leon on March 24, 2006
More US employers are doing background checks on prospective employees, according to a report. The number of checks are up 12 per cent. The worrying news is that half the checks into education and...
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Filed in archive Accounting
by leon on March 23, 2006
So all firms are supposed to be transparent under the new corporate governance regime?Yeah right, think again!It seems that some are forced to be more transparent than others. Like the Big Four...
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Coca-Cola, the world's most famous and powerful brand, is under attack from anti-poverty campaigners, including the War on Want group in Britain.Plenty of action in India. According to a report...
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Filed in archive SOX
by leon on March 21, 2006
Big US companies say sarbanes-oxley compliance costs seem to be declining with 94 per cent expecting them to either remain the same, or decrease for 2006, according to the latest Business Roundtable...
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Filed in archive Compliance
by leon on March 21, 2006
Last month, I blogged on the question of whether quarterly earnings forecasts were about transparency or whether they were just a fool's game that just encouraged appalling short-term-ism.Another...
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Filed in archive SOX
by leon on March 20, 2006
With smaller companies expecting some relief from Sarbanes-Oxley next month, there was some debate on the issue at last week's special session held at the University of California-Berkeley. You...
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Filed in archive markets
by leon on March 20, 2006
Yes, it's scary. But since last week's entry on bird flu, it's been pointed out to me that the prospect of a bird flu pandemic has been very good for some. Check this report on US...
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Filed in archive risk
by leon on March 17, 2006
With bird flu outbreaks being confirmed in five countries and with warnings that it will reach the USA by autumn, the warnings are coming in for companies to review their insurance policies and Human...
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Filed in archive Accounting
by leon on March 16, 2006
So Fannie Mae is again embroiled in serious accounting Doodoo. And remember Berkshire Hathaway's exposure to General Re's derivatives business which in last year's pullout, cost Berkshire...
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