Appointment Blogs | Compliance Week – Page 67
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New GAAP rules drive audit fee increases, poll says
New accounting standards and M&A activity are driving modest increases in audit fees for public companies, according to a new FERF survey.
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Revlon chief accounting officer tenders his resignation
Wendel Kralovich, chief accounting officer and controller for cosmetics company Revlon, has tendered his resignation to pursue a new career opportunity.
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CAMs may drive more management disclosure, dry runs reveal
A pending requirement for auditors to disclose critical audit matters in their reports may compel management to take a closer look at their own disclosures.
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House plans hearing on CECL’s effect on economy, banks
The SEC may be hands-off with respect to CECL, but the House Financial Services Committee is exploring the expected effect of the accounting change on the economy.
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Amid likely defeat, May delays Brexit vote by MPs
Amid faltering odds that became apparent during three days of debate, British Prime Minister Theresa May has, at least temporarily, withdrawn her much-maligned Brexit plan from Parliamentary voting consideration.
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Fiat Chrysler Automobiles names compliance officer
Fiat Chrysler Automobiles recently announced several key changes to its leadership team, effective immediately, including the appointment of a new compliance officer.
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Bilfinger: Deferred prosecution agreement concludes
A deferred prosecution agreement that Bilfinger entered into with the U.S. Department of Justice in 2013 has concluded, the Germany-based engineering group has announced.
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SEC, PCAOB spill frustration over China stonewall
U.S. regulators are contemplating what next steps they can take to rattle some greater cooperation out of overseas regulators, especially in China.
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Two big holdouts still follow 1992 COSO framework
A handful of holdouts are still disclosing they comply with SOX internal control reporting requirements by following a defunct COSO framework.
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Arachnys launches CRI cloud-native platform
Customer Risk Intelligence (CRI) solutions provider Arachnys announced the launch of its CRI cloud-native platform designed to address Know Your Customer (KYC) and Anti-Money Laundering (AML) challenges.
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Anti-corruption efforts in sports gaining global steam
More than 100 ministers, international sports organizations, and experts from around the world met in London on Dec. 6 to reaffirm their global commitment toward tackling corruption in sport.
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iComply offers screening for sanctioned crypto addresses
RegTech cryptocurrency platform iComply is offering comprehensive KYC capabilities to address risks related to blockchain addresses, including sanctions screening.
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Groupon appoints chief accounting officer
Groupon, an e-commerce marketplace, has appointed Melissa Thomas as chief accounting officer and treasurer, the company announced in a securities filing.
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FTI Consulting expands data privacy practice
FTI Consulting announced the expansion of its Information Governance, Privacy and Security practice and launch of its new Data Protection Officer Service solution.
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CACI International appoints corporate controller
Information technology company CACI International has appointed Christopher Voci as senior vice president and corporate controller. As corporate controller, he will be responsible for all aspects of accounting, financial reporting, and Sarbanes-Oxley compliance.
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CatchMark appoints general counsel
CatchMark Timber Trust has appointed Lesley Solomon as general counsel and corporate secretary, a new position.
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PCAOB plans new focus on quality control in inspections
The PCAOB plans to take a much closer look at how firms manage audit quality in 2019, retooling the inspections process to focus on quality control systems.
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Criminal charges unsealed in Panama Papers leak
U.S. prosecutors this week unsealed an indictment revealing criminal charges brought against four individuals for their alleged roles in a decades-long criminal scheme perpetrated by Panama-headquartered law firm Mossack Fonseca and related entities, the first charges brought in the United States connected to the Panama Papers leak.
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IIA reviews ‘three lines’ model, plans new paper
The Institute of Internal Auditors is performing a new review of the “three lines of defense” model it has long embraced as a basis for sound risk management.
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Metlife appoints chief accounting officer
Financial services company MetLife has named Tamara Schock as chief accounting officer, effective March 4, 2019. Schock will succeed Bill O’Donnell, who has been named MetLife’s U.S. chief financial officer.