- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
A TEXT released this week by Duff & Phelps finds that U.S. companies recorded $26 billion of goodwill impairment, an 18 percent increase from $22 billion in 2013. The increase was largely driven by oil and gas companies. The survey also uncovered a pronounced uptick in public companies’ use of ...
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Gatekeepers including chief financial officers and the chair of the audit committee have a responsibility to shareholders to report fraud wherever they find it–especially when that fraud involves an artificial intelligence tool meant to combat fraud.
Chinese authorities banned PwC’s Chinese unit from performing audits in the country for six months, labeling the subsidiary’s flawed audit work as complicit in the failure of giant property developer Evergrande.
Massachusetts-based technology company Circor International settled charges with the Securities and Exchange Commission regarding deficient internal accounting controls without paying a fine.
