SEC Charges Consumer Loan Company With FCPA Violation
World Acceptance's former Mexico subsidiary paid more than $4 million in bribes to Mexican officials, said the SEC.
The Importance of Accounting Comparability
Could deviating from industry norms and employing atypical accounting choices hurt companies and managers?
How to Prevent RPA from Messing With Internal Controls
Accountability and governance throughout the RPA lifecycle are essential for mitigating fraud and maintaining effective controls.
MetLife Fined $10M Over Annuity Accounting
The SEC says the insurer failed to maintain a sufficient system of internal controls, resulting in an improper release of annuity reserves.
How to Mitigate the Risk of Employee Fraud
Here's what you need to know about fidelity insurance, the different forms of employee fraud, and what to do if you suspect employee fraud.
Fresh Evidence of Auditor Bias Emerges
Companies don't look good for penalizing honest auditors, while other auditors don't look good for rendering slanted opinions.
Walmart FCPA Case Cites Poor Internal Controls
The Securities and Exchange Commission today charged Walmart with dragging its feet on anti-corruption compliance for more than a decade.
SEC Approves Audit Exemption for Smaller Firms
Requiring smaller companies to have their internal controls audited "may not be an efficient way of benefiting and protecting investors."
Companies Are Moving Slowly on ASC 842
Here's a look at issues companies will face in implementing the new lease accounting standard.
SOX 404(b) Provides Investor Value After All
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
Internal Controls Violations in Cyber-Fraud Cases?
The SEC takes the position that public companies must assess and calibrate internal accounting controls for the risk of cyber frauds.