2021-04-13T17:42:00+01:00By Aaron Nicodemus
The former chief risk officer of the PCAOB says she was subjected to a campaign of harassment and discrimination before she was unlawfully fired last year.
2021-04-05T17:08:00+01:00By Jaclyn Jaeger
The impact of the coronavirus pandemic on internal audit was not nearly as severe as it was for organizations overall, states a new report from the Institute of Internal Auditors.
2021-03-31T17:39:00+01:00By Kyle Brasseur
More than a quarter of companies citing COVID-19 in their critical audit matters filed with the PCAOB are part of the financial services industry, according to research from Audit Analytics.
2021-03-30T17:41:00+01:00By Aly McDevitt
Former FBI Director James Comey predicted a “time of extraordinary change” is ahead for the compliance profession in the post-pandemic world during a prerecorded video message at Compliance Week’s Financial Crimes virtual event.
2021-03-29T12:54:00+01:00By Maria L. Murphy
Evaluating potential going concern issues was a hot topic for companies and their auditors in 2020. With first-quarter 2021 reporting around the corner, Maria Murphy offers five key considerations to be thinking about.
2021-03-16T18:18:00+00:00By Neil Hodge
Daniel Kahn of the U.S. Department of Justice and Lisa Osofsky of the U.K. Serious Fraud Office discuss how enforcement agencies expect closer cooperation through 2021 in the global fight against bribery and corruption.
2021-03-10T21:19:00+00:00By Jaclyn Jaeger
A new global business ethics survey conducted by the Ethics & Compliance Initiative found employees are experiencing more work-related pressure as compared to before the coronavirus pandemic.
2021-03-03T19:55:00+00:00By Jaclyn Jaeger
Goodwill impairment recorded by U.S. public companies fell 10 percent from 2018 to 2019, according to Duff & Phelps’ latest study. An early look at 2020 figures suggests a big rise in next year’s results as a result of the pandemic.
2021-03-03T12:56:00+00:00By Compliance Week
Five senior compliance practitioners tell Compliance Week how their organizations are reacting to new cyber-threats introduced by the pandemic.
2021-03-01T21:09:00+00:00By Maria L. Murphy
In the 11th edition of its annual public company audit fee study, the Financial Education & Research Foundation reported an increase of 6 percent in average audit fees largely due to expanded scope.
2021-03-01T14:09:00+00:00By Martin Woods
An increase in the submission of suspicious activity reports for cash values that fall under the mandatory $10,000 transaction reporting threshold last year is a proactive step by banks, but more can always be done, writes Martin Woods.
2021-02-25T17:06:00+00:00By Jaclyn Jaeger
Experts at CW’s “Compliance Considerations for the New Workplace” virtual summit discuss striking the balance between complying with laws applicable to matters of health and safety while still respecting employee privacy in the return to the office and beyond.
2021-02-24T21:08:00+00:00By Aaron Nicodemus
Mandating COVID-19 vaccines for your workplace might not be as straightforward as following the legal precedent set by flu vaccines, an expert explained at CW’s “Compliance Considerations for the New Workplace” virtual summit.
2021-02-22T20:49:00+00:00By Jaclyn Jaeger
As cyber-attacks surge, the need for cyber-insurance is growing more urgent. But it’s critical for companies to first familiarize themselves with how to navigate the labyrinth of cyber-insurance products on the market so that they are properly covered.
2021-02-18T11:00:00+00:00Provided by Dun & Bradstreet
In the wake of COVID-19, compliance professionals need to be aware that the pandemic made instances of fraud more likely. This reflects the astonishing pressure put on governments and global financial systems and service providers to respond and adapt to the crisis.
2021-02-17T15:05:00+00:00By Jaclyn Jaeger
With 2021 proxy season underway, a new analysis by Compensation Advisory Partners reveals what impact proxy advisory firm Institutional Shareholder Services will have on say-on-pay concerning executive compensation actions made in response to the pandemic.
2021-02-12T19:40:00+00:00By Jaclyn Jaeger
KPMG UK Chairman Bill Michael has resigned after controversial remarks he made about the coronavirus pandemic during a virtual town hall meeting offended several employees and were subsequently made public.
2021-02-11T12:00:00+00:00Provided by BlackLine Systems
There’s no question that F&A teams have been disrupted by the ongoing pandemic. In fact, nearly half of respondents in a recent survey said that closing virtually with a distributed workforce impacts the audit and other third-party engagements.
2021-02-10T15:00:00+00:00By Compliance Week
This one-hour Webinar covers what coronavirus pandemic training and education are needed to safely re-enter the workplace.
2021-02-05T17:39:00+00:00By Jaclyn Jaeger
The aftermath of the coronavirus pandemic dominates the top risks that will keep boards of directors and executive management teams on their toes in 2021, a new survey by Protiviti and NC State’s ERM Initiative finds.
2021-02-03T21:41:00+00:00By Jaclyn Jaeger
A global panel of experts with law firm Gibson Dunn share insights around recent anti-corruption developments in some of the world’s largest regions, including China, India, Latin America, and Africa.
2021-01-29T17:34:00+00:00By Jaclyn Jaeger
Corrupt activity bolstered by the coronavirus pandemic features heavily in the findings of Transparency International’s 2020 Corruption Perceptions Index, with even some of the highest-scoring countries having their share of challenges.
2021-01-28T14:00:00+00:00Provided by Skillsoft
With the pandemic lingering and the coronavirus vaccine shipping in the United States, we are hopefully beginning to turn the corner on the pandemic.
2021-01-27T18:40:00+00:00By Richard Bistrong
You might not have thought you needed it, but Nick Morgan’s “Can You Hear Me?” provides some valuable advice for getting the most out of your daily virtual meetings and conversations.
2021-01-25T20:40:00+00:00By Jaclyn Jaeger
A new survey by LexisNexis Risk Solutions examines the rising costs and emerging risk areas faced by compliance at U.S. and Canadian financial institutions amid the coronavirus pandemic.
2021-01-21T21:19:00+00:00By Jaclyn Jaeger
Experts at CW’s virtual Cyber-Risk and Data Privacy Summit explain the importance for companies to review and enhance their current data security compliance policies and procedures.
2021-01-15T18:23:00+00:00By Jaclyn Jaeger
Embracing technology to help manage risk and improve efficiencies is a trend that’s been developing in the compliance space for a while, but the pandemic has fast-tracked the urgency behind it, according to a couple of recent surveys.
2021-01-14T19:46:00+00:00By Aaron Nicodemus
The Securities and Exchange Commission has announced over $176 million in whistleblower awards in the first four months of the current fiscal year, already more than any other year in its history.
2021-01-12T17:28:00+00:00By Jaclyn Jaeger
Consumer protection initiatives are expected to be a major area of focus for President-elect Joe Biden, who is widely anticipated to breathe new life into the enforcement priorities of federal and state agencies with such powers.
2020-12-29T21:49:00+00:00By James Thomas, International Compliance Association
This year has been one most of us would like to forget. As we look toward 2021, nevertheless, it is worth considering lessons learned over the last 12 months and (where possible) drawing on any positives that have come to light regarding the financial crime landscape.
2020-12-18T16:25:00+00:00By Martin Woods
Con men will try to bully weak investigators and sell them their version of “the truth,” writes Martin Woods. The ultimate deterrent is to challenge their “facts” and act with the same confidence they display.
2020-12-17T17:02:00+00:00By Jaclyn Jaeger
Current events have significantly accelerated the need for companies around the world to link ESG initiatives to their executive incentive plans, according to a recent poll conducted by Willis Towers Watson.
2020-12-16T16:49:00+00:00By Aly McDevitt
A CW survey finds male and female compliance practitioners are processing the pressure points of the pandemic differently, and that fully remote work is leading to a permanently changed future for post-pandemic work schedules.
2020-12-16T16:48:00+00:00By Tristan Jenkinson, International Compliance Association
As the compliance world evolves, the skill sets needed by practitioners are changing. The ability to run investigations effectively is now highly prized, and key skills, such as understanding the use of technology, will be among the most fundamental in the years ahead.
2020-12-16T03:00:00+00:00Provided by Skillsoft
A recent survey from Compliance Week and Skillsoft of 180 compliance, risk, and audit professionals asked the question: “What’s your back-to-office plan, and does it work for you?”
2020-12-15T20:27:00+00:00By Maria L. Murphy
New FASB Chairman Richard Jones said in a recent speech that he believes accounting challenges from the coronavirus pandemic won’t go away soon, with his organization poised to address new issues as they arise.
2020-12-15T20:08:00+00:00By Aly McDevitt
A recent survey of 180 compliance, risk, and audit professionals asked the question: “What’s your back-to-office plan, and does it work for you?” The short answer was there is no plan, and the status quo is faring better for the company than the employee.
2020-12-14T21:58:00+00:00By Maria L. Murphy
PCAOB board members remark on changes at the organization amid the coronavirus pandemic, recent audit inspection findings, priorities for 2021, and more.
2020-12-10T21:13:00+00:00By Neil Hodge
Many of the problems European compliance officers faced in 2020 will remain in place going into the new year, but new risks and new regulations will also present new challenges.
2020-12-10T17:57:00+00:00By Maria L. Murphy
Among other things, the SEC’s chief accountant discussed activities relating to public company financial reporting, accounting and auditing policy updates, and financial reporting considerations related to COVID-19 at a conference this week.
2020-12-10T13:30:00+00:00By Jaclyn Jaeger
Major bribery scandals, record enforcement actions, unprecedented cross-border coordination and prosecutions—all this amid a global pandemic made 2020 an unforgettable year for FCPA enforcement.
2020-12-09T14:20:00+00:00By Dave Lefort
Many of the things I’d like to see in 2021 are directly related to regulatory changes we anticipate are coming under a Biden administration, but they’re mixed with a few lessons from the pandemic we hope carry into a post-COVID world.
2020-12-08T13:45:00+00:00By Compliance Week
Six senior compliance practitioners divulge how they fared in 2020, from wrestling with new risks amid the pandemic to the most valuable lessons learned during a year rife with crisis.
2020-12-07T17:49:00+00:00By Aaron Nicodemus
A spate of recent cyber-security breaches occurring via third parties is a reminder of the importance for companies to stay on top of risk management. Regulators have shown to not take kindly to finger-pointing.
2020-12-02T21:30:00+00:00By Jaclyn Jaeger
The coronavirus pandemic has dramatically altered the risk landscape for chief audit executives and audit departments by exacerbating long-standing risks while giving rise to new ones, a new report by research and advisory firm Gartner finds.
2020-11-20T20:13:00+00:00By Jaclyn Jaeger
General counsel have taken on significantly more responsibility since the start of the coronavirus pandemic and amid the current social climate, solidifying their role as a critical business partner, a recent study on corporate legal departments found.
2020-11-19T21:42:00+00:00By Aaron Nicodemus
In a year turned upside down by the coronavirus pandemic, one thing hasn’t changed in the eyes of the SEC: The best compliance programs are supported by senior management and have adequate staffing, technology, and training.
2020-11-16T15:00:00+00:00By Compliance Week
This one-hour Webinar covers what coronavirus pandemic training and education are needed to safely re-enter the workplace.
2020-11-13T18:19:00+00:00By Jaclyn Jaeger
Careful consideration as to what new tone, direction, and priorities the SEC’s Division of Enforcement will take under Joe Biden can help you reduce compliance risk.