Whistle While You Work, Part 2
VinciWorks’ Sandra Erez envisions corporate whistleblowing hotlines as an outgrowth of the infamous "red phone" from the era of the ...
Tag: SOX Compliance
What is SOX compliance? It refers to complying with all aspects of the the Sarbanes-Oxley Act, enacted in 2002 as a means to improve corporate disclosures and to protect shareholders and the public from accounting fraud or errors. The goal is better governance and accountability — but adhering to it is not without headaches for compliance officers and internal auditors.
All public companies now must comply with SOX, both on the financial side and on the IT side, since SOX now includes requirements regarding the storage of a company’s electronic records. Consequences for noncompliance include fines or imprisonment, or both.
One of the key provisions of SOX is SOX Section 404: Management Assessment of Internal Controls.
Startups Should Plan for Regulatory Challenges from the Outset
Fast-growing companies should prepare now for what the government might throw at them in the future, writes veteran counselor with ...
Preparing for Annual SOX Compliance Amid COVID-19
Protiviti’s Shari Katz and Gina Chaoanw outline steps organizations can take in pursuit of annual SOX compliance and as they ...
Anticipating the Next New Variety of Cybersecurity Litigation
Whistleblower cases may be the next trend in cybersecurity litigation. Morrison & Foerster’s Kristen J. Mathews, Mark David McPherson and ...
What’s Next for Compliance Enforcement?
The 2005 docudrama Syriana captured the moment just before FCPA enforcement reached the great heights we’ve come to expect today. ...
How SMBs Can Ensure Compliance with New Regulations
Small and medium-sized businesses often understand the critical importance of compliance, but just as often don’t have the resources to ...
Streamlining Financial and Compliance Reporting as Regulations Evolve
Financial reporting still involves pulling data manually out of an ERP/EPM system into Excel, then manipulating the data to create ...
How Does a Compliance Officer Blow the Whistle – And What Happens Then?
Compliance officers eligible to participate in the SEC and CFTC whistleblower programs must navigate strict rules. Speaking up always carries ...
Can Compliance Officers Be Whistleblowers?
Whistleblower award programs had record-breaking years in 2018, with more than $243 million in award payouts. Attorneys Michael Filoromo and ...
Whistleblower Laws: Current Issues
Q&A with Rick Schroeder of Jones Walker Rick Schroeder, leader of the Corporate Compliance & White Collar Defense Practice at ...
One of the World’s Most Feared Enforcement Tools
The History of FCPA Enforcement, Part 2 In Part 1 of this two-part series on the history of the enforcement ...
Fallout Continues for Wells Fargo
Evidence of Widespread Consumer Finance Violations Mounts On July 21, 2017, OSHA determined that Wells Fargo had unlawfully retaliated against a ...
