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.
Relatively low labour and energy costs are increasingly giving Mexico and edge over China, the low-cost manufacturer of choice in the past decade, research by the Boston Consulting Group suggests.
Fraudulent financial reporting and auditing are among the targets of three new Division of Enforcement initiatives the US Securities and Exchange Commission (SEC) announced in its efforts to detect and investigate fraud and misconduct that harm investors.
Not-for-profits often are reluctant or unable to devote sufficient time and resources to governance procedures and policies because of the demands of mission-critical work. But good governance can be the foundation that saves the mission from fraud or jeopardy.
Britain’s largest companies are increasingly turning to chief executives with a background in finance, according to Robert Half’s annual FTSE 100 CEO Tracker.
CFOs are dissatisfied with the amount of bonuses awarded subjectively, according to the AICPA/Arizona State University 2013 CFO Incentives and Compensation survey.
Central and Eastern European (CEE) countries continue to be popular destinations for business process outsourcing (BPO) and shared services, despite rapid economic development that is causing wages to rise.
Robert Hirth, CPA, a founding managing director of global consulting firm Protiviti, has been named chairman of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
A memorandum of understanding creates a co-operative framework between the PCAOB and the China Securities Regulatory Commission (CSRC) and the Ministry of Finance (MOF).
Pressure to generate growth in a challenging economic climate keeps many managers from addressing fraudulent and corrupt behaviour, especially in rapid-growth markets.
Salary increases for US finance executives were less generous this year than in 2012. Incentives, such as annual target bonuses and stock-based, long-term awards, continue to play an important role in compensation, research suggested.
An important development in the internal control landscape was completed with the release of an update to the integrated framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
