Governance/Regulation & Compliance

Finding a scapegoat is easy. Taking responsibility is the hard part.

The stakes just got higher for financial executives ensnared in the options backdating investigation. Former SafeNet CFO Carole Argo was sentenced to six months in prison and fined $1 million.

When it comes to executive pay, it is beginning to seem like no amount of rules or regulations will be enough to prevent determined senior executives from paying themselves more than enough

The Financial Accounting Standards Board (FASB) is considering requiring corporations to provide more details about pension plan allocations, including alternative investments. FASB says it is responding to shareholder demands for more transparency so they can better gauge portfolio risks.

The Financial Accounting Standards Board (FASB) is considering requiring corporations to provide more details about pension plan allocations, including alternative investments. FASB says it is responding to shareholder demands for more transparency so they can better gauge portfolio risks.

Most CFOs want to abolish quarterly guidance pronouncements, according to a recent survey. That's not surprising since most companies can't even get their annual in-house forecasts right.

Compliance Spectrum is moving into the financial reporting arena by adding a risk component and real-time reporting functions to its Spectra automated compliance solution.

Oversight Systems Inc. is upgrading its continuous monitoring and auditing technology to make it even easier to spot innocent errors and premeditated fraud.