All Compliance Week articles in Web Issue – Page 534
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Blog
Assurant names chief accounting officer
Assurant, a global provider of risk management solutions, has appointed Daniel Pacicco as senior vice president, chief accounting officer, and controller, effective June 1. He will report directly to Richard Dziadzio, Assurant’s chief financial officer and treasurer.
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Blog
KBR names new chief accounting officer
KBR appointed Raymond Carney as its new vice president and chief accounting officer, effective May 30.
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Blog
FASB asks for ideas to make GAAP Taxonomy easier to use
Companies that have struggled with navigating the U.S. GAAP Taxonomy to complete their XBRL filings will want to weigh in on the effort to make it more useable.
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Blog
FASB clarifies stock compensation, service agreement accounting
In a pair of updates to accounting standards, the FASB is looking to shore up differences in how companies account for stock compensation and service concession arrangements.
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ArticleTechnical conclusions taking shape in revenue recognition
Technical consensus is starting to gel in certain aspects of the new revenue recognition accounting requirements, but the answers are not black and white.
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Article
Applying the Milgram Experiment to compliance
Good behavior comes from constant reinforcement by a voice of authority, because most people actually need permission to do the right thing.
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Article
The director dilemma: a love/hate relationship with shareholders
One lesson to come out of the Wells Fargo shareholder meeting: Directors and shareholders should fight to preserve their contentious relationship.
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Article
Artificial intelligence and the financial services sector
Across financial services, the allure of greater compliance efficiency at markedly lower cost makes investing in regulatory technology an easy sell.
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Article
Preventing False Claims Act liability
During a recent panel, federal and state officials, corporate defense attorneys, and whistleblower reps alike debated the ins and outs of U.S. FCA cases and how to defend them.
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ArticleKurt Drake: The integration master
Before joining Kimberly-Clark as its chief ethics and compliance officer in 2016, Kurt Drake already had more than 20 years of global ethics and compliance and finance experience.
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Article
A double whammy for the cosy club
Directors in the United States and United Kingdom are facing increasingly divergent realities when it comes to regulatory accountability. And that gap is only growing.
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ArticleMary Gentile: The practical ethicist
Mary Gentile is one of the ethics field’s most renowned educators for her results-based ethics training that doesn’t ask: “What is the right thing to do,” but rather: “How do we get the right thing done?”
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Blog
Google and its last-minute tax deals
There is a troubling trend for large companies to equate risk appetite with tax avoidance. Just ask Google, as the company is in talks to correct taxation of its Italian business.
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Blog
Survey: Companies losing business to corruption risk
More companies are choosing to cease business with certain partners, while others say they’ve lost business over the last year, because of corruption risk, finds a recent global anti-corruption survey.
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Blog
SEC names new Deputy Chief of Staff, other senior officials
The Securities and Exchange Commission announced several new appointments this week, including a new Deputy Chief of Staff, general counsel, and new chief counsel to SEC Chairman Jay Clayton.
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ArticleWith a new chairman, SEC readies its focus on IPOs, capital formation
Expect a focus on capital formation and improving the stagnant marketplace for public offerings under new SEC Chairman Jay Clayton.
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Article
Obama’s ‘fiduciary duty’ rule may be living on borrowed time
Free-market advocates are gaining traction to overturn the Obama administration’s rule that places additional responsibilities upon financial services representatives.
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Article
Auditors: How can they be appointed independently?
A series of severe fines and reprimands involving auditor misconduct raises a thorny question: Could, or should, organizations have independently appointed auditors?
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Blog
GRC Spotlight helps financial institutions improve risk posture
Harland Clarke recently announced an alliance with LockPath to offer GRC Spotlight Powered by LockPath, a cloud-based platform designed to help financial institutions automate business processes in one platform, reduce enterprise risk, and facilitate regulatory compliance across the enterprise.
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Blog
SFO investigates Petrofac over Unaoil
The U.K. Serious Fraud Office confirmed that it is investigating the activities of oilfield services provider Petrofac, its subsidiaries, and their officers, employees and agents for suspected bribery, corruption and money laundering.