Harry Markopolos, who spent nine years trying to persuade the SEC that Bernie Madoff was a fraud, shares his opinion on SEC officials from James Donaldson to Mary Schapiro in this candid interview.
The SEC still plans to require U.S. publicly listed companies to move to globally accepted accounting standards, it announced in a meeting this week. The latest development is that the Commission will have its staff create a Work Plan to help evaluate the effect that U.S. companies’ use of IFRS would have on the U.S. securities market.
Why was Goldman Sachs able to better manage risk during the financial crisis than some of its industry peers? Laura Taylor, Aon’s global leader of enterprise risk management (ERM), weighs in.
Steve Culp, leader of Accenture’s global risk management practice, explains what steps companies can take to align their business strategies with their risk appetites.
Business process and internal control failures happen in entities of all types and sizes. Whether intentional or accidental, most failures are caused by human error, which is why it is critical to focus on the people aspect of any project.
Richard Chambers, president and CEO of The Institute of Internal Auditors speaks to Business Finance editor in chief Jack Sweeney about the growing number of risks facing boards and audit committees during a recession.
A new study from Aon found that 62 percent of companies have progressed beyond basic ERM practices compared to 38 percent in Aon's 2007 study. However, misconceptions about risk management remain. This useful list of readings can correct any false impressions.
GRC functions managed to avoid the major budgeting cuts some other departments suffered, according to a new survey. The poll of compliance professionals found that 75 percent of companies either kept compliance spending even or increased it in 2009 (compared to 2008).
