Tags » Internal Controls

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

Preventing Data Theft in QuickBooks

Data breaches of personal information increased dramatically over the past several years. You’ve probably read about–or perhaps experienced first-hand–what happens when major corporate entities like Target and Home Depot get hacked. 742 more words