The UK Financial Reporting Council proposed changes to the UK Corporate Governance Code that aim to improve boards’ risk management at listed companies.
CFOs and finance departments may want to undergo a careful evaluation of their financial reporting systems and processes, experts say, now that the US Securities and Exchange Commission (SEC) is ramping up its scrutiny of accounting and auditing.
Accountants are business process experts, but few apply this expertise to avoid the frequent mistakes organisations can make during the implementation of business solutions software, an effort usually dominated by IT experts. Find out how accountants can get involved every step of the way.
Companies in the FTSE 350 will be required to place their audit contracts out for bid every ten years under new rules announced Tuesday by the UK Competition Commission (CC).
After years of rapid growth, economies in some emerging markets have slowed, causing companies to lower their vigilance about fraud, bribery and corruption risks, according to EY research. But there are ways to better manage these risks.
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.
