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).
These eight steps can help organisations implement the newly updated internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
International patent filings rose a robust 6.6% in 2012, according to the World Intellectual Property Organization. It’s the third consecutive year the number of filings has risen, following a 4.8% decline at the height of the global debt crisis in 2009.
Innovation and idea generation are the greatest benefits to organisations that embrace male and female leadership, but boardroom diversity is still low across most developed countries, according to new research by Deloitte.
The EU took a step toward requiring mandatory audit firm rotation when the European Parliament’s Legal Affairs Committee voted 15–10 in favour of a draft law that would require public-interest entities such as banks, insurance firms and listed companies to rotate audit firms every 14 years.
The International Monetary Fund forecast a three-speed global recovery starting in 2013: Economies in Asia, sub-Saharan Africa and Latin America are projected to be in the lead, with the US picking up some speed and Europe lagging.
