GOVERNANCE, RISK & COMPLIANCE: Blogger and contributing writer Eric Krell supplies the Business Finance community in-depth articles and commentary examining governance, risk, and compliance. He also writes for many other business-trade and consumer magazines. Eric loves his home base of Austin, Texas, as well as reader feedback.
Craig Barrett, former chairman of Intel, offered five steps for how the U.S. could and should recover from the downturn. Among them, Barrett suggests revamping Sarbanes-Oxley, extending health insurance to all Americans, and lowering corporate taxes.
Companies that fail to follow all of the proper steps when laying off foreign nationals who hold an H-1B work visa could end up paying wages and benefits to the visa holder until the Department of Labor resolves the issue.
Jason Gross, Vice President of Controls Management at Siemens Financial Services, Inc., describes the process and technology used to detect compliance and risk issues associated with its financial and operational activities.
Oversight Systems is honoring unstealthy fraudsters who make "the most audacious attempts to appropriate company resources for personal gain" with its Fraudies awards.
“I wouldn’t want to belong to any club that would accept me as a member,” is the legendary Groucho Marx punch line that seems to best sum up the mind-set of CFOs when it comes to the Big Three rating agencies.
