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Recession

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Latest Headlines

How have compliance officers fared post-recession?

In the wake of the financial crisis, the conventional wisdom was that compliance would remain a top priority for financial organizations. Thus relatively speaking, compliance initiatives would fare

After nine years, lessons from Sarbanes Oxley compliance

Let's start this with some good news on the ninth anniversary of Sarbanes-Oxley. According to the "2011 Sarbanes-Oxley Compliance Survey" by Protiviti, nearly 90 percent of more than 400 respondents

Compliance burden extra heavy on small businesses

In this recession, small businesses have taken some lumps, including an extra heavy burden when it comes to compliance costs. Companies with fewer than 20 employees paid $10,585 per employee per year

Finance staffs are shrinking

Finance departments weren't exactly decimated in the recession. But that may be because they were fairly lean to begin with. In any case, it's clear that the post-Sarbox ramp up period has given way

Sarbanes-Oxley and IPOs, the great excuse

You might think that start-ups have been essentially priced out of the IPO market--due as much to Sarbanes Oxley as anything else. That certainly seems to be the conventional wisdom, and has been for

Storage networks pose threats as well

More companies seem to be bent on setting up storage networks. Gartner has estimated that company spending on network-based storage rose 11.3 percent last year. No one would be surprised if spending

The pain of global supply chain

It's hard to believe that world demand for Chinese products has fallen nearly 18 percent in this recession, as noted by SupplyChainStandard.com. But the recession will end, and companies would be

Time to guard against fired employees?

According to Cloakware, about one in eight employees who are laid off can still access their companies' computer network. Not surprisingly, telecommuting employees play a big role in such risk. One

A challenging time for internal auditors

If you're involved in your company's internal audit, get ready for some rough times. According to the 2009 PricewaterhouseCoopers State of the Internal Audit Profession study, this is shaping up as a

Ten signs your internal audit is in trouble

The internal audit continues to morph. The pressure is high, not only from Sarbanes-Oxley but also from the punishing forces that financial executives are grappling with. The recession has raised the