Tags » Internal Controls

The BHP Case and Enforcement of The FCPA’s Internal Controls Provision

Ed. Note-today we have a guest post from Jean-Michel Ferat ,CPA, CFF is a Managing Director in the Washington D.C office of the Claro Group around his views on the BHP Billiton enforcement action.  1,047 more words

FCPA

What Would Dr. Seuss Say about an Allowance?

Earlier this month we had the release of a second book by Harper Lee, “Go Set a Watchman”, which was miraculously discovered having been written some 50+ years ago. 1,615 more words

FCPA

Follow the money

“Soccer Probe’s Latest Target: Banks,” The Wall Street Journal, July 24, 2015 C1. Banks asked to explain how they failed to detect the large payments of bribes in the FIFA soccer/football scandal. 40 more words

Risk

Mandated Clawback

The SEC has proposed forcing top executives to pay back their bonuses if financial statements have errors.  And not just the CFO.

Executives Could Pay for Accounting Errors,”  77 more words

Risk

Lines of defense

Internal auditors are one of the controls to identify and manage risk.  But are they the first line?

CFOs Rally Their Risk Busters,” The Wall Street Journal… 61 more words

Risk