Articles | Compliance Week – Page 220
-
ArticleHow audit firms are polishing their images
Audit deficiencies are just part of the picture when it comes to the reputational damage suffered by nearly every big firm. Jaclyn Jaeger looks at how the big audit firms are tackling bad marks from the PCAOB.
-
ArticleQuality reports from major audit firms
In recent years, major audit firms have begun producing voluntary quality reports. We offer a sampling of findings from six of the biggest firms to accompany our auditing special report.
-
ArticleSurvey: Companies lag behind with CCPA compliance
With a January 2020 deadline just 10 months away, only 14 percent of companies report they are compliant with the California Consumer Privacy Act. Nearly half have not yet started implementation, says a new survey from TrustArc.
-
Article
EC fines Google €1.49B over online advertising abuses
The European Commission slapped Google with a €1.49 billion (U.S. $1.69 billion) fine for breaching competition rules—the third penalty in three successive years for the internet giant.
-
Article
Anatomy of a college cheating scandal, and the resolve to fix it
In response to the nationwide college admissions scandal, victimized universities are speaking out and sharing the steps they’ve taken to stop similar behavior from happening in the future.
-
Article
Bombardier appoints general counsel, corporate secretary
Bombardier, a Canada-based aerospace and transportation company, has appointed Steeve Robitaille as general counsel and corporate secretary, effective May 1.
-
ArticleWhy companies replace their external auditors
Analyzing public company regulatory filings, we explore the factors behind why companies change external auditors.
-
ArticleTransparency a game-changer for auditor evaluations
Under rising pressure to be more transparent about how they oversee auditors, proactive audit committees are raising their games when it comes to evaluating all aspects of their audit.
-
ArticleSpecial report: Building a better audit
Various initiatives on producing audit quality indicators give audit committees some questions to ask or data points to consider in assessing their audits and their auditors.
-
ArticleA global look at anti-bribery enforcement activity
TRACE International’s 2018 Global Enforcement Report serves as an insightful resource for companies seeking information on which countries are enforcing anti-bribery laws and which countries are beleaguered by bribery and corruption issues.
-
ArticleFCA fines UBS £27.6M for transaction reporting failures
The U.K. Financial Conduct Authority has fined UBS £27.6 million (U.S. $36.6 million) for failings relating to 135.8 million transaction reports.
-
ArticlePCAOB advises auditors to expand view of CAMs
After reviewing implementation activity, the PCAOB is advising auditors to think a little more broadly about how they identify and describe CAMs.
-
Article
SEC’s Twitter war with Elon Musk escalates with contempt claims
The SEC made its final pitch to a federal court that Tesla founder and CEO Elon Musk should be held in contempt of a previous order and settlement over what it says is unrepentant tweeting.
-
ArticlePCAOB stokes audit committees on inspection engagement
Audit committee chairs at companies whose audits are selected for regulatory inspection might have an opportunity to interact with PCAOB inspectors firsthand.
-
ArticleInterserve: Carillion Part II
In an almost carbon copy of the Carillion collapse, peer contracting firm Interserve went into administration on Friday due to a majority of its shareholders rebelling against a debt cancellation deal that would have seen their investment at even lower levels than the deal that was finally agreed to.
-
ArticleU.S. regulators ponder Brexit plans, disclosure demands
The planned—but still chaotic—divorce of the United Kingdom from the European Union could trigger disclosure demands for U.S. companies. The SEC’s Division of Corporation Finance has some advice.
-
ArticleBipartisan effort would double SEC statute of limitations for fraud
Senators Mark Warner (D-Va.) and John Kennedy (R-La.) have introduced the Securities Fraud Enforcement and Investor Compensation Act—the bipartisan legislation that would extend the window of time the SEC can pursue post-fraud claims for investors from five years to 10.
-
Article
SEC charges Volkswagen in emissions-cheating scandal
The SEC has charged Volkswagen, two of its subsidiaries, and its former CEO, Martin Winterkorn, with defrauding U.S. investors by making deceptive claims about the environmental impact of the company’s “clean diesel” fleet.
-
ArticleInsider threats often are hardest to detect
In his latest editorial, Compliance Week Editor in Chief Dave Lefort applies what he learned at CW West to recent insider scandals and provides several compliance-related takeaways.
-
Article
Title Alliance names compliance officer, general counsel
Title Alliance has appointed Maria Deligiorgis as general counsel and compliance officer.