scandal 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...

As the Bernard Madoff news rolled on, we noted that an obscure, secretive audit firm was an obvious red flag, one that regulators, investors and others should have caught. As the Stanford Group... Read more...

Ever since the Bernard Madoff scandal broke open, the media has been rife with lamentations that the SEC was remiss in its oversight of the firm. It has certainly proven to be a PR black eye. Some... Read more...

In the wake of the Jerome Kerviel "rogue trader" scandal at Societe Generale, a lot of banks have stepped up efforts to prevent such a scandal. But companies across the board need to think about... Read more...

Some of you would argue that Sarbanes-Oxley adequately addresses the issue of stock options backdating. By forcing disclosure within two days of grant, it makes it harder to play games with grant... Read more...

Today's Spotlight... Corporate ScandalHmm. Daughter of CEO uses corporate jet for school commute. The recent trend has been away from such use by the CEO's friends and family. Critics assail the... Read more...

Corporate ethics have obviously gotten a lot of press since the passage of Sarbanes Oxley. People are quick to point to cases like the Duke Business School cheating scandal as signs that corporate... Read more...

A new study, "Control Overrides and Financial Statement Fraud," by the Institute of Fraud Prevention has looked at 834 companies filing restatements and found that it apparently takes teamwork to... Read more...

It is often said that Sarbanes-Oxley has solved the options mis-dating scandals, given that the... Read more...

> The loss of listing business to overseas exchanges--Sarbox is often blamed--has been big news. But the to exchanges are not sitting back. Both the NYSE and Nasdaq have just opened offices in... Read more...