Directory —
Technology —
Blog Details for "Audit Trail"
Audit TrailAudit TrailAudit Trail is the official blog of Approva- tracking the latest news, opinions and trends in governance, risk and compliance. Audit Trail provides visitors with informed views on issues that matter to finance, compliance and audit professionals. Articles
Delving Into the White Collar Criminal Mind
2008-06-10 18:57:00 Faithful readers know that we’re kind of fascinated here at Audit Trail with crime, especially the White Collar variety. So imagine our delight when we came across this piece from the folks at the Corporate Crime Reporter on just what types of people commit white collar crime. It’s an interesting read, especially once ... More About: Daily News , Mind , Criminal
Cha-clunk: Hard Times for Millionaires
2008-06-03 23:21:00 As we mentioned last week , the ripples of the economic slowdown keep on spreading — from folks struggling to pay mortgages to Fortune 500 companies upping prices — and now to millionaires, according to the NYT. Meanwhile, CFO is reporting that it’s looking increasingly likely that International Financial Reporting Standards are ... More About: Daily News , Hard , Times
How Controls-Intelligent is your company?
2008-06-02 21:10:00 My friends in the governance, risk and compliance world tell me that this year?s major industry conferences like SAP GRC 2008, COLLABORATE-08 and ASUG 2008 all point in one direction as far as continuous controls monitoring goes ? companies are hungry for an end-to-end approach that goes beyond separation of duties (SoD) and Sarbanes Oxley ... More About: Company , Industry News , Intelligent
Being Part of a Global Discussion
2008-05-23 21:06:00 Faithful readers will know we aren?t terribly shy about singing our own praises as appropriate ? but that we?d much rather talk about best practices for businesses trying to manage myriad risks and operate efficiently in a global economy. Luckily for us, today we get to do both. As some of you probably know, ... More About: Industry News , Global , Part , Discussion
What Folks Say on Say on Pay
2008-05-22 16:41:00 It seems that the Presidential Campaign is bringing the issue of executive compensation into the national dialog again — not that we’d ever stopped talking about it ourselves, but we’re a little odd that way. The Executive Compensation blog has an interesting round-up, from an Economist piece that nicely lays out the most ... More About: Daily News
50 Minutes on Subprimes, the Global Pool of Money & Crunched Credit
2008-05-14 04:04:00 So, maybe some people have bigger plans this week than hunkering down for a nice thorough analysis of what factors contributed to the meltdown in the subprime market, but not us. If you’ve got a little free time and an interest in an interesting exploration, check out these collaborations between NPR’s All Things Considered ... More About: Credit , Money , Daily News , Global , Pool
Preventing Another Societe Generale
2008-05-13 03:48:00 Financial news in 2008 ? from French bank Société Générale?s $7 bn loss to millions of write-downs at other major financial institutions amid hefty subprime losses ? underscores the importance for financial institutions of implementing effective governance, risk and compliance (GRC) strategies. But GRC is a complex challenge, and while many institutions may be tempted to ... More About: Daily News , Societe Generale
Friday Accounting Grad Bonanza
2008-05-09 16:22:00 It’s been longer than we care to share since, Econ 101, but the steady hand of supply and demand is impressive still today. Seems like only yesterday [links] that we were reading all over about how hard it is to find qualified accounting folk, and how in-demand they are, and voila! Today we ... More About: Daily News , Friday , Accounting
Evolution Time: Oversight to Insight to Foresight
2008-05-01 21:43:00 This is the most important aspect of board governance. The oversight function is the absolute minimum that investors and owners have a right to expect from boards. Some boards are too focused on simply providing the minimum. Board members should, individually and collectively, have experience of business and community life that will enable them to add ... More About: Evolution , Time , Industry News , Insight , Foresight
Focus versus Fashion ? Avoiding Fads in the Boardroom
2008-04-24 16:19:00 Have you recently read any articles about what your board should be focused on? Was it bird-flu, Internet portals, Terrorism or some other fad? I wish I had a dollar for every article on the latest buzz-word that every board should worry about. Or fifty cents for every list of twenty questions board members should ask ... More About: Fashion , Industry News , Versus , Focus , Fads
Trust, and Exec Comp and even some live-blogging
2008-04-22 17:57:00 Last week was pretty exciting for many of us at Approva. Our own Monica Elliott and Brian Groves attended COLLAORATE 08, which we’ll be telling you more about shortly (stay tuned!). We can tell you about one highlight right away, though — Chris Heller from Grey Sparling solutions live-blogged Monica’s session on strengthening ... More About: Daily News , Blogging , Comp , Live , Trust
CDOs and Other Terms We Wish We Didn?t Know
2008-04-21 21:11:00 Happy Monday, everyone. Not-good news out today from Bank of America, which just posted a 77% decline in quarterly profit, with losses being blamed on ongoing credit problems. They’re not the only ones — not by a long shot — who are a little cash-strapped these days. Are we the only ones ... More About: Daily News , Terms
Trust, Fraud, GAAP, and a little something else
2008-03-26 22:13:00 Happy Wednesday, everyone. Interesting reading today from our friend Eric Krell at Business Finance, covering a study (registration required) from Protiviti (speaking of old friends). Eric does a nice job summing up what the study concludes about the state of fraud risk management strategies at FORTUNE 1000 companies and large not-for-profits (hint: they ... More About: Fraud , Daily News , Trust
It?s 2008 ? Do You Know Where Your ERP Privacy Controls Are?
2008-03-25 21:20:00 The past week has been a fascinating one for data privacy breaches. First, we have the Hannaford Brothers exposé affecting up to 4.2 million customers, illustrating how creative hackers have gotten with ?the first large-scale piracy of card data while the information was in transit.? Clearly, the simple act of encrypting data isn?t ... More About: Daily News , Privacy , 2008
Board Culture and Global Governance
2008-02-22 03:20:00 Over the next couple of weeks, Audit Trail is pleased to be featuring contributions from a special guest blogger, Julie Garland McLellan. Julie is Australia’s leading expert on government sector governance and a member of Approva?s Advisory Board , and we?ve asked her to share her thoughts today on how cultural factors inform the way ... More About: Culture , Industry News , Global , Governance
Our Rapidly Growing Oracle Customer Base
2008-01-31 02:04:00 We?ve got some great news at Approva this week ? Comcast has licensed BizRights to monitor general computing and user access controls in their deployment of Oracle ?s E-Business Suite. We?re excited to get the chance to work with Comcast, and at the rapid growth we’re seeing for our solutions within the Oracle E-Business Suite. We ... More About: Customer , Growing , Base
Approva?s Banner Year in 2007 ? And a Look Toward ?08
2008-01-22 00:12:00 I?m extremely pleased to report that Approva concluded another successful year. Over the past two quarters, the company has doubled its revenue, while increasing its market share and adding new customers ? including marquee names like Comcast, First Advantage, Komatsu and AECOM among others. We accomplished these goals while facing tremendous direct competitive ... More About: Banner , Year
What?s In Store for Audit Trail in 2008?
2008-01-02 19:13:00 When we launched Audit Trail back in the spring of 2007, I think it?s safe to say none of us here at Approva knew exactly where it would lead us. Our goal was to take a different approach to the world of compliance, controls, audit and corporate governance. The response we received was overwhelming, and ... More About: Store , 2008
PCAOB Goes Global, Subprime News, and the $22,000 Cat
2007-12-07 19:34:00 Despite international criticism ? being tied to SOX and all ? the PCAOB is making efforts to expand its global efforts to ensure consistent audit quality on an international scale. Per its SOX mandate, the PCAOB is required to inspect and oversee all firms involved in the auditing of U.S public companies. Here?s ... More About: News , Daily News , Global , Subprime
Miss California Loses the Crown Due to Accounting Errors
2007-12-05 23:02:00 This story clearly underscored the need for solid accounting in any situation, and how even the beautiful people can be impacted by faulty numbers. WebCPA just filed a story about Miss California giving up her crown due to accounting errors. Basically, an accountant took the ranking forms from the five celebrity ... More About: Accounting , Errors , The Crown
Collaboration Station
2007-11-29 22:54:00 We were intrigued by this CIO.com piece, which provides some tips on how to encourage collaboration in an organization. The author contends that collaborative development environments will be the next killer app in software development (that?s a direct quote) ? as companies begin to focus more holistically on improving operational efficiency more than individual output. ... More About: Daily News , Station , Collaboration
Hackers Could Ruin Thanksgiving
2007-11-21 19:44:00 With American’s pulling up a chair to their Thanksgiving tables tomorrow to feast on turkey and all the fixins, UK-based IT security consultancy Global Secure Systems warns that hacker and malware attacks are expected to peak during the holiday period, reports OpRisk & Compliance. Over the course of the Thanksgiving weekend, which include Black ... More About: Daily News , Hackers , Ruin , Hank
The Risks of Outsourcing
2007-11-21 19:28:00 We?re not going to bore you (we hope) with a rehash of the myriad efficiencies that outsourcing offers operations both domestic and global ? or with the larger macro effects. Outsourced operations and the savings and increased efficiencies they offer are a fact of life, and we don?t see that changing anytime soon. But [refer ... More About: Outsourcing , Daily News
Is Bigger Always Better?
2007-11-20 21:24:00 Information Week provides an interesting look this week into the future of business intelligence software. Conventional wisdom holds that bigger is better ? but not so fast. As InfoWeek?s Mary Hayes Weier points out, having a single software vendor across an enterprise isn?t necessarily a good thing. It?s not written in stone that ... More About: Daily News , Always
Industry News Mash-up
2007-11-16 18:28:00 It’s been a busy week for the SEC, what with removing the reconciliation requirement for non-U.S. companies, reaching a $30M settlement with Chevron over alleged corruption and stepping up enforcement efforts. Elsewhere in DC, there’s been ongoing fallout from the $20M allegedly embezzled from employees of the District’s Office of Tax and Revenue. The ... More About: News , Industry , Daily News , Industry News , Mash-Up
Saving on Compliance to Spend Where it Counts
2007-11-14 22:59:00 As we mentioned last week, Approva recently presented a webcast with AMR Research vice president and research fellow John Hagerty on addressing the Top 5 Audit Challenges in Oracle E-Business Suite. We had a good time with the webcast and with the questions and answers that followed, and we also heard some interesting data from our ... More About: Saving , Compliance
What Is Cross Platform vs. Cross Application?
2007-11-14 17:18:00 Brian Groves, Senior Director, Product Marketing, Oracle, discusses Approva?s cross platform and cross application functionality. More About: Media , Cross , Application , Platform
Sweet Revenge - IRS Audit Deficient
2007-11-13 00:44:00 News today from WebCPA brings sweet, sweet revenge for the common man with disdain for the IRS and their many audits. Seems that the IRS doesn’t fair so well when the finger, er, audit, is pointed at them as the GAO has found “serious internal control and financial management deficiencies” as a result of ... More About: Daily News , Sweet , Audit , Revenge , Sweet Revenge
Tales of The Drowning Dollar and Predicted Fed Rate Cuts
2007-11-09 23:37:00 Plenty of news today on the steady decline of the dollar and the predicted rate cut by the Fed next month. The Wall Street Journal, as always, provides insightful commentary on the dollar’s woes, “Lifelines for the Drowning Dollar .” The Globe & Mail Market Blog recounts the prediction that there is “92 per ... More About: Daily News , Tales , Rate , Cuts
Governance, Risk and Compliance: Leveraging Compliance Resources to Build
More articles from this author:2007-11-07 18:31:00 SOX was a compliance wake-up call for many in the corporate world ? the first thrust for many into the world of compliance and controls. Five years later, it?s become a fact of American corporate life, and there?s pretty general agreement that the legislation?s been successful in restoring some of the investor confidence lost ... More About: Resources , Daily News , Governance , Risk , Build 1, 2, 3, 4 |
|
