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Credit Crunch news from FierceComplianceIT

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Shapiro undoing Cox pet initiatives?

We've noted that SEC Chairman Linda Shapiro was a bit coy early on regarding a few big issues, such as the projected rollout of IFRS in the United States. She offering a few more clues as of late.... Read more...

An end to H-1B visa abuse?

H-1B visas have long been a compliance problem. While the program was a good source of qualified candidates for a lot of financial and technology firms, it really fell out of favor once the credit... Read more...

IBM seeks global reporting standard optimized for risk

It seems that XBRL will be a reality; it's just a matter of when. While it looked like the transition was imminent not so long ago, it's a bit fuzzy today with so much going on with the credit crunch... Read more...

The real source of financial services fraud

The financial services industry is somehow always engulfed in fraud, and whether real or perceived, fraud always seems to be in the media. (Right now, there is certainly no shortage of investigations... Read more...

New era dawning in exec compensation

It's long been held, among executive compensation consultants, that top executives' large holdings incent good performance. Will the credit crunch change all that? Business Week noted recently that a... Read more...

Special review coming for big banks

Sarbanes-Oxley requires the SEC to review all public companies' annual earnings reports on a regular basis, at least once every three years. According to Reuters a review of the nine biggest... Read more...

A delay in IFRS timetable release

Just two weeks ago, international financial reporting standards (IFRS) was a big deal. Companies were anxiously awaiting word of a concrete timetable, one that the SEC had promised. But then came the... Read more...