The Public Company Accounting Oversight Board has delivered another harsh inspection report, this time to BDO USA, finding fault with 9 of 23, or 39 percent, of the audits inspected. That’s an increase over the firm’s failure rate of 26 percent in 2010, when inspectors called out eight of 31 audits they examined.BDO is the […]
Posted inAccounting & Auditing
H-P Says DOJ is Investigating Allegations on Autonomy
Hewlett-Packard says the U.S. Department of Justice has opened an investigation related to its allegations that leaders at British software business Autonomy used shifty accounting to hoodwink H-P into buying the business. A DOJ public affairs officer could not immediately confirm H-P’s assertion.H-P booked an impairment charge of $8.8 billion when it recently filed its […]
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Policy Measurement and Evaluation
Many policies are written and then left to slowly rot over time. What was a good policy five years ago may not be the right policy today. Those out-of-date but still existent policies can expose the organization to risk if they are not enforced and complied with in the organization. Effective policy management requires that […]
Posted inFrom the Archive
The Next Generation of Archiving
Today’s CIOs and IT directors are facing new challenges in managing electronic content archives. In addition to the demand to meet evolving legal and regulatory requirements, organizations are creating a sea of structured and unstructured content in more formats and sent over more channels than ever before. The adoption of social media, Web marketing, and […]
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How Embedding Ethics in Your Business Drives Compliance and Much, Much More
Whether in terms of maximizing opportunities or reducing unwanted risk, research shows that a company’s system of governance, culture, and leadership—its “Human Operating System”—makes a significant difference in everything from overall financial performance to innovation, loyalty, customer satisfaction, reputation, and levels of misconduct.Ethics and compliance programs can help build a company’s Human Operating System, significantly […]
Posted inFrom the Archive
e-Book on e-Discovery: Strategies in a Fast-Changing World
This e-Book on e-Discovery is produced by Compliance Week in cooperation with Autonomy. The e-Book offers various articles from Compliance Week on the challenges surrounding FCPA investigations, merger & acquisition litigation, and the expansion and proliferation of mobile computing. In addition, Autonomy offers the white paper, “Best Practices for Meeting Critical e-Discovery Challenges.”Articles include: The […]
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IFRS Failure Will Cost Organizations Unnecessary Time and Money
SEC Chairman Mary Schapiro has indicated that she does not feel pressure to rush into a decision about IFRS—she only feels pressure to “do the right thing for U.S. markets and U.S. investors.”[1] As the nation faces multiple economic and political hurdles, the decision to adopt IFRS (and the date for which this would be […]
Posted inFrom the Archive
e-Book on Big Data: The Risks and Rewards Locked in Vast Oceans of Data
This Compliance Week e-Book is produced by Compliance Week in cooperation with KPMG. It offers various articles from Compliance Week on navigating the ever-growing sea of data and how to process and make the most of the vast amount of information available. In addition, KPMG offers the white paper, “Creating the Connected Enterprise to Drive […]
Posted inFrom the Archive
Implement and Enforce Policies
Ineffective and unenforced policies are rampant within organizations and are a thorn in the side of compliance and policy managers. Organizations end up with policies scattered on dozens of sites with no defined understanding of what policies exist and how they are enforced: An ad hoc approach to policy management allows anyone to create adocument […]
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Timing Is Everything: Enabling the CFO to Maximize Value
One WebFilings customer was faced with filing its 10-Q, and then announcing a significant loss via conference call. In order to minimize the impact to stakeholders, they wanted to time their submission to occur after the U.S. markets closed, and before the announcement. This situation resulted in a narrow 30-minute window for filing with the […]
