'Continuous auditing': The next trend in compliance?
While running internal audits has become a fairly common practice, some firms are taking it a step further.
While running internal audits has become a fairly common practice, some firms are taking it a step further.
Technology has made auditing and reporting easier, but is Finance getting tripped up by a major bottleneck?
It’s a mission-critical function in every company: the internal auditor. And whether you have a dedicated position or tap general finance staffers to do the review, you want to make sure you have the right person for the job. Heads up: That definition is changing. Many of your peers are looking for different skills these […]
In grade school you may have been told “never mind what your neighbor is doing,” but smart finance pros know that keeping an eye on what their peers are doing is smart business.
When financial fraud allegations arise at a public company, the firm that audits the financial statements of that company will often draw the attention of one or more of three very formidable entities: the Department of Justice (DOJ), the Securities and Exchange Commission (SEC), and the Public Company Accounting Oversight Board (PCAOB).
Accounts payable fraud happens at companies of all types and sizes, so it’s important to put checks and balances in place to avoid these issues. One small company learned that the hard way. After the company’s co-owner died, its comptroller was put in sole charge of the finances, according to Frank Rudewicz, a forensics accounting […]
As employees return to the office, you may need to update the various federal labor law posters you have to conspicuously display in the workplace. By law, employers must update these posters regularly so employees can see them and know their rights. But did you know there are also three labor law posters employers must […]
One of 2022’s biggest stories is the U.S. Securities and Exchange Commission (SEC) jumping into the environment, social and corporate governance (ESG) responsibility discussion. The SEC issued a proposed rule on the Federal Register focusing on the environmental aspect of ESG that would require publicly traded companies to disclose climate-related info in their annual 10-K […]
Beginning in February, 6,000 random (unlucky) companies will start getting the IRS version of Happy New Year’s wishes: a notice they’re going to be audited over employment taxes.
Forget Santa! Will your company be naughty or nice to finance staffers’ bank balances in 2012? New salary data is out, and we have all the details.
An Americans with Disabilities Act (ADA) court case can be a costly nightmare for employers. An emerging problem that’s making it difficult to stay ADA-compliant is the algorithms and artificial intelligence (AI) companies like yours use to efficiently make hiring decisions. In a technical assistance document released May 12 – “Guidance on Algorithms, Artificial Intelligence […]
There’s a bit of a dilemma going on regarding the Securities and Exchange Commission’s new whistleblower program.
It’s been a busy year at CFODailyNews. Here’s a look at the ten stories that attracted the most eyeballs in 2015.
With another year in the books, we’re looking back at the most popular Finance stories of 2017.
Having the option of arbitration for employer/employee disputes is crucial for avoiding costly litigation. But going forward, there’s a new amendment to the Federal Arbitration Act on the books that you need to know about. The Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act went into effect March 3, 2022, and it means […]
A new report’s out saying companies’ risk of fraud will be going up in the next 24 months. And even if you don’t think it could happen in your organization, you have to prepare as if it could.
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