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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
By
Vincent Ryan
| January 27, 2023
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Government Accountability Office
Fraud
Watchdog Warns of ‘Significant’ PPP Fraud Risk
The GAO says "minimal" underwriting standards left the $670 billion small business rescue program vulnerable to fraud.
By
Matthew Heller
| June 26, 2020
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Technology
SEC Discloses 2016 Hack of EDGAR System
The commission says cybercriminals obtained access to nonpublic information and may have used it to make illicit trades.
By
Matthew Heller
| September 21, 2017
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Tax
Companies Aren’t Paying Their Fair Share of Taxes
There is no way to justify cutting the federal corporate tax rate below the current 35%, says Americans for Tax Fairness.
By
Frank Clemente
| July 13, 2017
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Risk & Compliance
Report Sees Faults in Fed’s Bank Stress Tests
A watchdog says the Fed needs to disclose more about how it assesses whether banks would maintain sufficient capital in a future crisis.
By
Matthew Heller
| November 17, 2016
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Regulation
GAO Finds Misuse of ACA Reinsurance Fees
The watchdog says the Obama administration violated the ACA by allocating all the fees to insurers and none to the Treasury Department.
By
Matthew Heller
| October 3, 2016
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Technology
IRS Still Has ‘Significant’ Flaws in Data Security
Continuing access control weaknesses could allow unauthorized users to gain access to taxpayer data, a government watchdog says.
By
Katie Kuehner-Hebert
| April 4, 2016
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Risk & Compliance
KPMG Withdraws Audit Opinions on Regulator
The firm says the CFTC understated its lease obligations by about $212 million in 2014 and $194 million in 2015 because of an accounting error.
By
Matthew Heller
| January 21, 2016
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Workplace Issues
Gender Parity in Boardroom Still a Distant Goal
Even if every future vacancy was filled by a woman, it would take until 2024 to achieve boardroom parity, the GAO says.
By
Katie Kuehner-Hebert
| January 6, 2016
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Regulation
SEC’s Pot Calling the Kettle Black?
The securities regulator has deficiencies in some financial controls and weak cybersecurity measures, says the GAO.
By
Matthew Heller
| May 1, 2015
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Technology
Watchdog Finds IRS Cyber Security Still Flawed
The Internal Revenue Service needs to step up its security practices to protect financial and taxpayer data, says the Government Accountability Office.
By
Matthew Heller
| March 23, 2015
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Technology
IRS Urged to Move Up W-2 Filing Deadline
Both the GAO and the Treasury Department have proposed forcing employers to file W-2 information earlier to help stem tax fraud.
By
Iris Dorbian
| September 23, 2014
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Risk
“Too Big To Fail” Report Inconclusive
Although a GAO study shows that big banks still have a funding edge over smaller rivals, it’s an advantage that has ebbed since the recession.
By
Iris Dorbian
| August 1, 2014
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Risk & Compliance
Senate to Revisit ‘Too Big to Fail’
A Senate committee will review a GAO study expected to show that large U.S. banks are still perceived as having implicit government backing.
By
Iris Dorbian
| July 28, 2014
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Tax
Apply These Breaks
Small and midsize companies shouldn&spamp;rsquo;t overlook these tax incentives for research and development, exports, and energy efficiency.
By
Marielle Segarra
| April 15, 2012
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Tax
Three Overlooked Small-Business Tax Breaks
Small and midsized companies may be missing opportunities in research and development, exports, and energy efficiency.
By
Marielle Segarra
| February 24, 2012
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