Financial Crisis news from FierceComplianceIT
News
Sarbox sets tone for newly vogue clawbacks
We tend to forget that clawbacks or executive compensation was a part of the Sarbanes-Oxley Act. The provision, however, only applied to funds received by the chief executive officer or chief... Read more...
Financial turbulence, the new Sarbanes-Oxley?
A few years ago, the need for compliance expertise powered a surge in hiring financial managers. The big driver these days seems to be the financial crisis taking hold at so many companies. More... Read more...
What happens when your auditor is a fraud?
In the post-Enron era, the reputation of corporate accountants collectively has taken some massive hits. The on-going financial crisis certainly isn't helping. So it is with some chagrin that we note... Read more...
Are auditors really equipped to detect fraud?
In the Sarbanes-Oxley era, it seems to many that the goal of auditors is to prevent fraud. Deterring crime and thus instilling investor confidence was the point of the law, after all. Of course that... Read more...
PCAOB proposes seven new risk standards
In the wake of the financial crisis, the government seems to be getting serious about risk control. We've long suggested that regulatory reform always follows major crises. The move by the PCAOB to... Read more...
How can a bank CEO sign off on earnings?
A Pulitzer Prize-winning business columnist for the Washington Post was having an interactive Q&A with readers when the issue of the financial crisis and Sarbanes-Oxley came up. One reader wrote:... Read more...



