compensation committee news from FierceComplianceIT

Bruce Karatz is one of only six executives that has been criminally charged with fraudulent options backdating practices. However, more than 70 execs have settled civil charges. The former CEO of KB... Read more...

Compensation issues aren't strictly in-scope from a Sarbanes-Oxley perspective, except perhaps when it comes to backdating of options. Of course, if the auditor were retained to give compensation... Read more...

Boards have to be very cognizant of the 'gotcha' orientation of the press and the many financial websites out there. Take, for example, the very respected Read more...

The ramp-up to Sarbanes Oxley compliance was painful for many companies. For many, the pain got even worse in subsequent years, as many companies were left flailing for standards and guidance. Are... Read more...

> Section 404 mandates financial reporting accuracy, which makes people-related costs a huge issue. Most firms spend up to 60 percent of budgets on salaries, benefits, training and other such... Read more...

The latest survey of board pay has found that--no surprise here--compensation continues to soar. Directors of major U.S. companies were paid an average $204,000 last year. That's up 12 percent... Read more...

It's doubtful that prosecutors will pursue every company that backdated their options awards. So who will face the wrath of the government? For clues, look to the convictions of Comverse... Read more...