News

Tariffs, trade secrets, and arrests fuel high-risk scenarios for companies that do business with organizations in China.

The biggest ethics and compliance failures of 2018 feature some big names, such as Wells Fargo, Danske Bank, and Tesla, and highlight some key lessons for compliance officers.

GE’s audit committee has initiated a tender process to consider replacing KPMG as its external auditor.

Jay Jorgensen, the global chief ethics and compliance officer at Walmart, is leaving the company Jan. 31 to pursue other opportunities, according to an internal company memo. Daniel Trujillo, Walmart’s senior vice president and international chief compliance officer, will replace him.

The Public Company Accounting Oversight Board announced that it has named Megan Zietsman chief auditor and director of professional standards.

This latest installment of the CW/OCEG GRC Illustrated Series provides readers with details on how to implement a strategic approach to operational risk strategy coupled with an integrated information and technology architecture. 

British Prime Minister Theresa May withstood a parliamentary “no confidence” vote, keeping her efforts for a U.K. exit from the European Union on track, if not any less contentious and fragile.

The PCAOB saw some improvement in the audit of management review controls during its 2018 inspections, but it’s still an area of focus into 2019.

The Financial Reporting Council (FRC) issued its long-awaited corporate governance standards for private companies, providing a framework to help the companies meet legal requirements and improve and disclose their governance.

Grupo Aval recently received an inquiry from the Department of Justice concerning the Ruta del Sol 2 project, a highway project involving Brazilian construction company Odebrecht and one of Grupo Aval’s subsidiaries, Corficolombiana.

Amid technology challenges and minor changes to the pending new lease accounting rules, FASB is standing firm on the Jan. 1 effective date.

New accounting standards and M&A activity are driving modest increases in audit fees for public companies, according to a new FERF survey.

Wendel Kralovich, chief accounting officer and controller for cosmetics company Revlon, has tendered his resignation to pursue a new career opportunity.

Business spend management platform Coupa Software announced the acquisition of Hiperos, a third-party risk management provider.

Ray Kelvin, the founder of fashion retailer Ted Baker, stands accused of giving unwanted hugs to employees and has stepped down temporarily amid an investigation into allegations of sexual misconduct against him.

Fiat Chrysler Automobiles recentlly announced several key changes to its leadership team, effective immediately, including the appointment of a new compliance officer.

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.

Ellen Hunt joins columnist Tom Fox to explain the benefits she feels having a compliance expert on the board of directors at a company provides.

Shifting from one uncertain position to another, companies are facing a subtle but important change in how to explain tax reform to investors.

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.

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.

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.

The U.K.'s Digital, Culture, Media and Sport (DCMS) Committee has released 250 pages of emails that show Mark Zuckerberg and other senior executives at Facebook gave certain app developers special access to user data.

U.S. regulators are contemplating what next steps they can take to rattle some greater cooperation out of overseas regulators, especially in China.