All Compliance Week articles in Web Issue – Page 569
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Blog
SEC passes on relief for adopting revenue, then accessing capital
Companies adopting the new revenue recognition standard and accessing capital markets soon afterward are getting no clear pass on the extra reporting requirements.
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ArticleMy Compliance Library: Is it time for an incentive mine sweep?
Richard Bistrong and Marc Hodak discuss pay-for-performance and its role in corporate ethics and compliance policies.
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Blog
KPMG's latest inspection shows more modest improvement
KPMG's newest PCAOB inspection report shows another modest improvement in audit errors, although no one is yet jumping for joy over deficiency findings.
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Article
Are pharma firms set for increased scrutiny?
How pharmaceutical firms price their products is getting a lot of additional attention in the United Kingdom and United States. Neil Hodge reports.
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ArticleTalking to ‘The Infiltrator’ about AML
Joe Mont talks to Robert Mazur, the undercover agent portrayed in the movie The Infiltrator, and Bill Sweeney, financial services evangelist at BAE Systems Applied Intelligence, about the shadowy underworld of money laundering.
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Article
For whom the ring tolls: Companies struggle with TCPA
A sector-wide swath of companies has faced expensive troubles under the consumer-friendly Telephone Consumer Protection Act. Its upward enforcement trend is especially troubling in an age where direct outreach to consumers is of increasing importance, says Joe Mont.
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Article
Audit cost data hint at improvements in internal control
The newest data on audit costs suggest public companies, or at least the largest ones, might be getting a handle on internal control over financial reporting. Tammy Whitehouse reports.
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Article
Comment letters with no response
Nobody likes to get a comment letter from the SEC, but what happens when you don’t respond or comply with one? Mercedes Erickson has the answers.
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Blog
Who watches the watchers?
The recent enforcement action against Big Four accounting firm Deloitte and its Brazilian arm details what happens when an auditor is willing to lie to the government and alter work papers on behalf of a client. But what might it be willing to do to hide bribery and corruption, asks ...
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Article
Better cyber-security through better cyber-compliance training
The Achilles’ heel of every cyber-security program is compliance. Javvad Malik offers some tips on how the right kind of training can fix that.
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Blog
Self-certified due diligence is fraught with danger
Tom Fox looks at further reverberations from the Malaysian sovereign wealth fund 1MDB scandal concerning one giant red flag: a reference provided by a third party to vouch for that third party.
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Blog
SEC renews calls for revenue disclosures at year-end
Staff members at the SEC continue to beat the drum for disclosure about revenue recognition adoption, even where companies don’t have hard numbers. Tammy Whitehouse has more.
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Blog
PCAOB settles two actions against Deloitte affiliates
The PCAOB has settled actions against Deloitte affiliates in Brazil and Mexico involving allegations of issuing false audit reports and failing to archive audit documentation. Tammy Whitehouse reports.
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Blog
OCC sets stage for FinTech firms to charter as national banks
The Office of the Comptroller of the Currency will consider applications from financial technology (FinTech) companies to become special purpose national banks. Charters would come with heightened risk management and liquidity requirements.
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Blog
At Home Group creates chief accounting officer role
At Home Group has appointed Becky Haislip to the newly created role of chief accounting officer. The home décor retail chain also announced the appointment of a new independent director.
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Blog
AICPA objects to Labor Dept. proposal on benefit plan reporting
The accounting profession is objecting to proposed changes to employee benefit plan reporting, especially requiring plan sponsors to name the engagement partner on plan audits. Tammy Whitehouse has more.
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Blog
Global Governance redefines corporate governance best practice
Global Governance, a global professional advisory firm, announced the launch of its technology arm, Global Governance Software, and Stakeholder Capital Management Platform (SCMP) technology.
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Blog
SAS helps banks comply with IFRS 9 accounting standards
Shifting regulatory compliance and financial standards create an urgent need for banks to dismantle barriers between finance and risk departments. SAS Expected Credit Loss is a new solution that’s helping them succeed.
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Blog
Special ‘chairman’s flight’ leads to SEC action against United Airlines
Bruce Carton reports on the SEC’s case against United Airlines, which reportedly reinstated a money-losing non-stop flight “solely to curry favor with a public official.”