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.
For the first time in a decade, according to a Glass Lewis & Co. report, there has been a year-over-year decline in the number of restatements filed by public companies.
Even though the four largest accounting firms continue to audit almost all large public companies, concentration in the marketplace poses no immediate threat to fee competitiveness, the Government Accountability Office (GAO) concluded in a recent report.
Not every management is throwing up its hands and assuming they will not see savings from AS5 this year. Alfa Corp. has installed a new ERM solution with which it will go to battle with any auditor who challenges Alfa's ability to quantify and prioritize risk
THE LATEST NEWS: Treasuries Rely on Manual Practices; Which Companies Will Survive; Finance Exec. Confidence Eroded Since July; Auditors With IT Skills Will be Valued
As financial execs write their resolutions for 2008, they might want to consider the wisdom offered Treasury & Risk readers by three economists: M. Cary Leahey, Milton Ezrati and John Lonski
