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Canada's anti-bribery laws still lagging others
Canada, given its leading role in the corruption-prone global mining sector, should be producing better results in its battle launched a dozen years ago to fight against the bribery of foreign government officials by Canadian corporations, the Organization for Economic Co-operation and Development said Monday -
Canada Last among G7 on Fighting Corruption
Canada is lagging behind all other G7 countries in enforcing anti-bribery measures -
Majority of Canadian Companies Are Not Yet Prepared for IFRS
With only 7 months remaining, half of public companies are less than 60% through their IFRS conversions -
Fraud most often an inside job!
Global fraud report finds that fraud is most often an "inside job" carried out by a company's own employees. -
Moody's: Canadian IFRS Unlikely to Affect Credit Ratings
Canada's transition to International Financial Reporting Standards, while improving transparency and comparability of Canadian companies, will likely not affect credit ratings, according to a new report from Moody's Investor Service -
SOX Survives Legal Challenges
Legal battle launched in 2006 challenging the constitutionality of SOX has concluded with the Supreme Court upholding SOX and stating that the Act "remains fully operative as a law" -
COSO releases two additional papers on ERM
The Committee of Sponsoring Organizations of the Treadway Commission is releasing two additional new thought leadership papers on ERM -
Auditor General releases fraud management guidelines
The Auditor General of BC has issued guidelines for fraud risk management within the BC Government sector. These guidelines outline the five principles underpining a sound fraud risk strategy. -
One in two executives stung by employee fraud
Almost one out of two executives at large Canadian companies says employees have attempted to defraud their organization, according to a study by software provider SAS. -
SEC Approves Enhanced Disclosure Rules for Risk, Compensation and Corporate Governance
Beginning in the upcoming annual reporting and proxy season, the new rules will improve corporate disclosure regarding risk, compensation and corporate governance. -
ACFE releases 2010 Report to the Nations
For the first time ever, the Association of Certified Fraud Examiners has widened their study to include cases from countries outside the United States. This expansion allows the ACFE to more fully explore the truly global nature of occupational fraud and abuse. -
IASB proposes improvements to defined benefit pensions accounting
The proposals would amend the accounting for defined benefit plans through which some employers provide long-term employee benefits, such as pensions and post-employment medical care.
