The perception of internal audit as a function that can add value in addition to enforcing compliance is placing importance on several objectives for internal auditors.
Annual revenues are increasing at US middle market companies, and executives at the companies, which are a critical economic engine, are becoming more optimistic about the US economy, a KPMG survey found.
Reyaz Mihular, managing partner for KPMG Sri Lanka and Maldives, talks about talent, growth opportunities and managing the margins in a region emerging from more than two decades of civil war.
US manufacturers are increasingly planning to bring overseas production back to the US to reduce time to market and costs and improve product quality, research shows. Find out what would prompt companies to reshore even more manufacturing jobs.
Directors get much of their information from chief executives, who may be inclined to downplay risks when addressing the board members who hire them and manage their salaries. This can lead to an “effectiveness gap” that can prevent board members from having a true understanding of a company.
Nearly two-thirds of US public company directors said recent regulatory and enforcement initiatives have not increased investor protections, according to a new survey.
A rule proposed by the US Securities and Exchange Commission (SEC) would require US public companies to disclose the ratio between what companies pay their chief executives and their median employee.
Investors have begun to look beyond Brazil, Russia, India, China and South Africa as they look for new deal opportunities. Find out what drives them and where they are expected to spend their money.
Governments, particularly those in emerging economies, have stepped up scrutiny of transfer-pricing practices and enforcement of transfer-pricing rules in the past three years, research by EY suggests. But companies can prepare for more examinations and avoid penalties.
Mobile banking offers convenience to consumers but also has created concerns about fraud, data security and privacy. Regulators have taken notice of the potential risks and rewards, and have offered some direction to companies and consumers.
Audit regulators in the United States and the UK agreed to continue co-operating on cross-border supervision of audit firms, the UK Financial Reporting Council (FRC) announced.
Six Nissan production facilities and 50 of its critical suppliers suffered damage in Japan’s 2011 earthquake and tsunami. But Nissan ended 2011 with a 9.3% increase in production. Find out how, and learn about factors that can help companies minimize the impact of supply chain disruptions.
C-suite compensation has drawn increased scrutiny for several years. Here are five tips for remuneration committees to use as a guide in setting executive pay levels.
CIMA Chief Executive Charles Tilley visits with Infosys board member V. Balakrishnan, who offers insight on the value of people, the evolution of corporate reporting, and balancing risk and innovation. “Whatever you try to do, you must try to move up the value chain and become a premium player in the industry,” he says.
Fees for external audits of financial statements paid by US public and private companies rose in fiscal year 2012 over the previous year, according to a new survey report.
Businesses are placing an increased focus on reputational risk, according to a new CGMA survey, as a result of market demands for transparency, reputational failures at leading companies, and the rise of social media.
Regulators worldwide have stepped up enforcement of anti-corruption laws, especially as more and more companies of all sizes have invested in doing business abroad. Find out how to reduce your risk of corruption and bribery by employees or third parties.
To fulfill increasing strategic responsibilities, internal auditors must be able to collaborate within their organisations while maintaining their independence and objectivity
Corruption is most likely in developing economies, but developed economies in North Americas and Europe experience their share, too, a global survey found. Also, respondents in 80 of the 107 participating countries felt corruption was on the rise.
