Appointment Blogs | Compliance Week – Page 194
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Intercompany accounting woes tallied in new poll
Only a small fraction of companies have strong intercompany accounting, but an onslaught of new tax regulations is giving new reason to get it under control. Tammy Whitehouse has more.
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RGP names chief accounting officer
Resources Global Professionals, a multinational provider of professional services and the operating subsidiary of Resources Connection, has promoted John Bower, o the newly created role of chief accounting officer.
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Audit inspections show some gains in internal control
The PCAOB is encouraged by improvements it sees in audit inspections in internal control, but the agency is still troubled by the nature of the problems it identifies. Tammy Whitehouse reports.
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FRC issues new Audit Firm Governance Code
The U.K. Financial Reporting Council has updated its Audit Firm Governance Code in an effort to improve investors’ faith in accounting practices. Paul Hodgson reports.
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BlogDeutsche Telekom to study its ethics and compliance culture
Deutsche Telekom is working to boost ethical behavior and foster a speak-up culture within the company to minimize compliance risks. Jaclyn Jaeger reports.
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Service organizations aren't sure of their assurance to third parties, poll suggests
A Deloitte poll of 2,700 participants says 17 percent believe the amount of requests for assurance reports or compliance questionnaires are too numerous to count. Tammy Whitehouse reports.
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In the FCPA World, your relationships matter
Do you know the character of those you are in business with from an anti-corruption perspective? Tom Fox looks at the Och-Ziff corruption scandal and what happens if you bring corrupt third parties into a relationship with your company.
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Dominion Diamond appoints new board members
Dominion Diamond, a diamond producing company, has appointed Trudy Curran and Tim Dabson to its board of directors, effective immediately. Curran will also chair the health, safety, and environmental committee.
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FactorTrust appoints chief compliance officer
FactorTrust, a credit reporting agency, has appointed Barbara Sinsley as general counsel and chief compliance officer. In this role, Sinsley will provide FactorTrust with legal and regulatory guidance and manage the company’s internal and external compliance programs and products.
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Potential VW criminal resolution—an early test for Yates Memo?
A look at potential VW criminal resolutions brings up several questions, says Tom Fox, around type of resolution; individual liability; and more. Will this test the DoJ’s Yates Memo?
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Orthofix braces for SEC settlement in FCPA case
Orthofix International has recorded a charge of $4.6 million in the second quarter of 2016 to resolve potential FCPA charges with respect to its subsidiary in Brazil. Jaclyn Jaeger has more.
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SEC: Key Energy to pay $5 million in FCPA case
Key Energy Services will pay $5 million to the SEC in connection with a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act. Jaclyn Jaeger has more.
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The SEC’s summer reading list is not for the faint of heart
Robert Herz reviews the SEC’s recent accounting and enforcement releases, which reveal familiar patterns in corruption, as well as a commitment by the SEC to commence enforcement actions on any accounting and reporting violations it finds.
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Grapevine: Who’s coming and going in compliance
LendingHome, a mortgage marketplace lender, has appointed Cynthia Chen as chief risk officer; Ball Corporation has elected two new board members; and Clear Channel Outdoor Americas has named a new general counsel; Check out the CW Grapevine for the latest personnel moves.
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Ball Corporation names new board members
Ball Corporation, a supplier of sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government, has elected Cynthia Niekamp, retired senior vice president from PPG Industries, and Daniel Heinrich, former executive vice president and chief financial ...
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AMC Networks appoints chief accounting officer
AMC Networks has appointed Christian Wymbs as chief accounting officer, effective immediately. He assumes these responsibilities from Sean Sullivan, executive vice president and CFO for AMC Networks.
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Clear Channel Outdoor Americas names general counsel, corporate secretary
Clear Channel Outdoor Americas (CCOA), a division of Clear Channel Outdoor Holdings, has named Lynn Feldman as executive vice president and general counsel for its business in the United States and Canada.
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An employee suicide and corporate culture
The Man From FCPA Tom Fox examines the recent suicide of an executive with Abbot Laboratories in India and what happens when the numbers are more important than employees’ well-being.
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FASB seeks input on future rules, principles
The Financial Accounting Standards Board is looking for some guidance from capital market participants that could prove critical to how the board moves forward on accounting changes in the future. Tammy Whitehouse has more.
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Barclays will pay states $100 million for LIBOR manipulation
Barclays will pay $100 million as part of a 44-state settlement “for fraudulent and anticompetitive conduct” involving manipulation of the LIBOR benchmark interest rate.