Policy management processes are in disarray when operating autonomously, introducing risk in today’s complex, dynamic, and distributed business environment. Inconsistency in policy management means processes, partners, employees, and systems that behave like leaves blowing in the wind. Policy inconsistency opens the doors of liability, as an organization may be held accountable for policy that is […]
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The Compliance Benchmark Report: A View Into Unified Records Management
The 2012 Iron Mountain Compliance Benchmark Report: A View Into Unified Records Management is a comprehensive review from over 4,000 professionals showing the current state of physical and electronic records management best practices – and providing a rare opportunity to see how you stack up against your peers. This is a report you’ll want to […]
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Xerox Acquires Lateral Data
Xerox has announced the acquisition of e-discovery technology provider Lateral Data. Lateral Data’s flagship software, Viewpoint, enables corporate legal departments and law firms to manage the entire e-discovery lifecycle using a single, in-house solution. Legal and IT departments can lower the total cost of e-discovery by streamlining cumbersome and time-consuming processes that traditionally require the […]
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Conservative Groups Fire Lawsuit at Dodd-Frank’s Constitutionality
A conservative policy group has challenged the constitutionality of the Dodd-Frank Act on grounds that the law’s creation of the Consumer Financial Protection Bureau exceeds Congress’s authority, a line of reasoning almost identical to a legal challenge of the Sarbanes-Oxley Act that went all the way to the U.S. Supreme Court.The group, the Competitive Enterprise […]
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Chipotle Hiring Probe Deepens
Add the U.S. Attorney for the District of Columbia to the list of those probing fast food chain Chipotle over its hiring practices.Since 2010, The U.S. Immigration and Customs Enforcement agency has been investigating Chipotle on allegations that it has hired undocumented workers. That investigation has thus far focused on locations in Minnesota (where 450 […]
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Coming Soon to FASB Agenda: Contingencies Decision
The Financial Accounting Standards Board will soon make a decision on whether to move forward with a new standard on accounting for contingencies, although FASB Chairman Leslie Seidman was careful not to tip her hand on what that decision will be.The staff of the FASB has studied 2010 financial reports, met with other regulators, and […]
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Congress Moves to Turn Back SOX, Dodd-Frank Compliance
Only in the rarified world of Washington could lawmakers push legislation dubbed a “jobs bill” to help small business that actually does almost nothing to help small business—and imposes more risks on investors, and throws more money to Wall Street banks, and sets back corporate governance a full 10 years.Nevertheless, that is exactly what happened […]
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Cheat Sheet: FASB Publishes Guide on Old, New Revenue Rules
If you’re still not quite up to speed on the critical changes that are in store for revenue recognition accounting, the staff of the Financial Accounting Standards Board has made it a little easier to catch up.FASB will be collecting comments for a few more weeks on its latest proposal to overhaul the accounting for revenue […]
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Auditor Changes From 2011
Downloadable spreadsheet of every auditor change disclosed on Form 8-K during the calendar year 2011.
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SEC Acts on Rules for Mine Safety, Net Worth; Stalls on Volcker
Perhaps not a creature was stirring in your house just before Christmas last week, but the Securities and Exchange Commission adopted several more rules relevant to the Dodd-Frank Act on mine safety disclosure and how to define accredited investors.Adopted on Dec. 21 without any formal meeting of SEC commissioners, the rules implement Section 1503 of […]
