Appointment Blogs | Compliance Week – Page 134
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Executive Order focuses on cyber-threats, agency responses
President Donald Trump has issued an Executive Order that lays out a variety of cyber-security tasks for government agencies and formalizes how they report back to the Executive Branch.
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Washington reacts to a month of cyber-attacks
In the aftermath of one of the largest global cyber-attacks in history, Congress is considering new legislation and quizzing the FCC over a separate attack that compromised its collection of public comments on net neutrality.
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Bill seeks to restore OSHA recordkeeping rules
Democrats in both chambers of Congress have sponsored legislation to reinstate OSHA recordkeeping rules that were nullified by President Trump in April using the Congressional Review Act.
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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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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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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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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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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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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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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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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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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.
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Vista Outdoor names corporate controller and chief accounting officer
Vista Outdoor, a global designer, maker, and marketer of consumer products in the outdoor sports and recreation markets, has named Kenny Bement vice president and corporate controller. He also will assume the role of chief accounting officer from Tom Sexton on June 5.
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The intersection of corruption and the environment
Petrobras is attempting to sell a petrochemical plant that is “notorious for its multiple accidents, fires, and emissions releases,” according to reports. At issue? No environmentally responsible company would be interested in the doomed facility.
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How do you determine judgment at the CEO level?
In the case of Barclays CEO Jes Staley, judgment seems to be lacking, as the executive first attempted to unmask an anonymous internal whistleblower and now has intervened in a Brazilian private-equity deal involving his brother-in-law.
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FASB addresses lease accounting transition questions
Facing questions about how to transition to the new lease accounting requirements in 2019, FASB recently explained what it had in mind when it issued its guidance.
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Comensure GRC manages and measures GRC activities in real-time
Patent-pending Comensure GRC allows businesses of all sizes to easily and comprehensively manage complex regulatory and internal compliance and reporting requirements through a single, configurable application that provides a complete picture of an organization’s compliance status in real-time.
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Netwrix Auditor 9.0 protects data against ransomware
Netwrix Auditor 9.0 introduces functionality that enables organizations to respond to ransomware and insider activity, identify and block threats to their network infrastructures, restrict access to security intelligence, and slash prep time for audits.
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SEC charges CEO with failing to disclose perks to shareholders
A former CEO will pay $5.5 million to settle SEC allegations that perks, benefits, and other forms of compensation were not properly disclosed to shareholders.