All GLG News Analyses Filed Under: Corporate Treasury & Finance

1. Spectacular rise of the derivatives2. Consolidation and alliances to gain importance

This article sheds much needed light upon what I believe to be the most pervasive and significant internal control weakness among public companies…that being the absence of current and relevant technical accounting and financial reporting expertise on audit committees. As an audit committee truly serves...

Four years after Sarbanes-Oxley gave a regulatory push for more financial experts on audit committees of boards of directors, the presence of accounting/finance-trained members is still scant.

More loss of managers as the backdating investigation machine continues to turn. Some seem uncooperative; some reap some surprising benefits. (They get to hold some of their options.)

The much-awaited "Auditing Standard 2 Lite" may be arriving shortly. The question is: will it alleviate grumbling about internal control evaluation or just give critics more to criticize?

Contrary to what you hear from corporate PR departments, there are real benefits from SOX and its Section 404. One of the PCAOB's members makes an effective case for those benefits.

SVB Financial uses some interesting logic to come up with risk factors related to its clients that it believes could affect its own business.

America  has  been  one  of  the  major  industrial  countries  which  has  not  ratified  the  Kyoto  protocol  on  carbon  emissions.  The  issue  has  been  dogged  by  various ...

Converging to one set of global accounting standards is ideal.  However political and economic factors will intervene.  Accounting standards reflect value systems.  Culture must be appreciated. 

1.    The US accounting profession is attempting to harmonize US GAAP with IFRS.2.    The US accounting profession finds it hard to embrace some harmonization principles because of the US legal environment.