As companies have come to accept that market volatility, complexity, political and regulatory changes are here to stay, internal audit functions have more opportunities to contribute to businesses in a truly meaningful way…
DOJ: Intermountain Health Care Pays U.S. $25.5 Million to Settle False Claims Act Allegations
April 4, 2013
Intermountain Health Care Inc. has agreed to pay the United States $25.5 million to settle claims that it violated the Stark Statute and the False Claims Act by engaging in improper financial relationships with referring physicians.
Crowe Horwath International and Crowe Horwath Global Risk Consulting named IAB Advisory Firm of the Year
April 4, 2013
Crowe Horwath International, through its member firm Crowe Horwath Global Risk Consulting (CHGRC), was recently named Advisory Firm of the Year by the International Accounting Bulletin (IAB).
Survey: More than One-Third of Professionals Feel Pressured to Break the Rules in Pursuit of Alpha
April 3, 2013
46% believe that their competitors engage in illegal activity, 35% have personally felt pressure to break the rules, and 30% have witnessed misconduct in the workplace.
Conselium: Hire Completed on Behalf of Astellas Pharma
April 1, 2013
Conselium, a global compliance executive search firm, has completed a hire on behalf of Astellas Pharma. Ms. Karen Lowney began her role of Senior Director, Global Compliance & Privacy 4-1-13 in their office in Northbrook, IL.
10 Things Compliance Officers Need To Do In 2013
March 28, 2013
2013 may well prove to be the ultimate juggling act for compliance officers as they advise on and oversee fundamental reforms within their firms while managing the external regulatory issues.
Survey Finds Strong Need to Enhance Internal Audit Capabilities in Critical Risk Areas
March 25, 2013
Internal audit functions now have more opportunities to contribute to businesses in a truly meaningful way, according to the PwC US Internal Audit State of the Profession survey.
Employment Compliance: NYC’s New Help-Wanted Law May Harm Employers and Workers
March 21, 2013
A recently passed law in New York City that is aimed at prohibiting discrimination against unemployed job seekers could instead hinder hiring and trigger an avalanche of nuisance suits, warns Joseph P. Paranac Jr., a shareholder in national law firm LeClairRyan’s Newark office.
SEC Chair Nominee: “Enforcement Must Be Bold and Unrelenting”
March 19, 2013
Mary Jo White, President Obama’s nominee to become Chairman of the SEC, testified before the Senate Committee on Banking, Housing and Urban Affairs as part of the confirmation process.
JPMorgan Faulted on Controls and Disclosure in Trading Losses
March 18, 2013
JPMorgan Chase ignored internal controls and manipulated documents as it racked up trading losses last year, while its influential chief executive, Jamie Dimon, briefly withheld some information from regulators, a new Senate report says.
