Accountability and governance throughout the RPA lifecycle are essential for mitigating fraud and maintaining effective controls.
Research suggests finance chiefs are prone in early years on the job to "manage earnings," perhaps because of compensation-motivated pressure from the boss.
A certain federal agency should take over all public company audits, suggests a former Big Four auditor and current accounting software company CEO.
Companies don't look good for penalizing honest auditors, while other auditors don't look good for rendering slanted opinions.
Despite ongoing expectations to the contrary, complying with the Sarbanes-Oxley Act remains a moving target for companies.
While it may serve the interests of struggling companies, shopping for a favorable audit opinion lessens auditor independence and audit quality.
Study results contradict critics who are trying to water down the Sarbanes-Oxley requirement for auditing internal controls over financial reporting.
If the acquiring company elects to exempt the target from Sarbanes-Oxley Section 404 internal controls attestation, negative stock returns may follow.
The startup, AuditBoard, offers a cloud-based platform for managing Sarbanes-Oxley compliance and other aspects of internal auditing.
Sarbanes-Oxley compliance costs shot up this year, underscoring the need for companies to automate more of their compliance activities.
Earnings management tends to occur not when a company is getting little or a lot of attention, but rather when it's in the middle of those extremes.
Companies should pay specific attention to risks arising from the increasingly common whistleblower complaints regarding data breaches and cybersecurity.
