‘If It Quacks Like a Duck’: Prediction Markets, Sports Betting & Insider Trading
An incredibly well-timed trade on a predictions market regarding the US capture of Venezuela’s president has catalyzed an ongoing conversation ...
Tag: Internal Controls
Piercing the Corporate Veil: A Case Study and Best Practices Checklist
Veil-piercing is notoriously unpredictable, but rigorous maintenance of corporate separateness minimizes risk
Why Letting Go of Control Can Strengthen Your E&C Program
Smart governance builds processes that feel natural; bureaucracy multiplies steps until employees seek workarounds
The Fraud That Almost Worked: What Milwaukee’s Close Call Reveals About Internal Controls
$460K almost disappeared because the city trusted documents instead of verifying them
Ensuring Compliance with Controls
Evaluating Effectiveness Companywide Regulatory authorities don’t expect perfection in a compliance program, but they do expect a concerted effort on ...
The COSO Internal Control Cube Can be as Daunting as Rubik’s Cube
Navigating the COSO internal control cube is no easy task; there are more than 1,000 combinations to consider between the ...
Management’s Annual Report on ICFR
Many public companies are in the process of preparing their annual 10-K reports for the SEC, and for these firms, ...
Why a Resilient Risk Management and Internal Control Infrastructure Matters
It’s critical that businesses maintain a strong risk management and internal control infrastructure. Adi Agrawal, SVP and Chief Audit Executive ...
Cognitive Risk Framework for Cybersecurity, Part 2
In today’s risk landscape, corporations must rethink the way they manage cybersecurity and combat cyber threats. James Bone, a leading ...
The FCPA and SOX & Internal Controls – Twin Sons of a Different Mother?
Both pieces of legislation aim to minimize wrongdoing – one to prevent corruption abroad, the other to minimize financial fraud. ...
Lessons From Qualcomm
Having violated the accounting provisions of the FCPA on several occasions, Qualcomm has been the target of an SEC investigation ...
The 10 Most Important FCPA Internal Controls (Part Two: Other Processes)
Certain company processes might not constitute traditional notions of “internal controls,” but FCPA enforcement officials have taken the position that ...
