This document is typically requested by a seller in a transaction as assurance of the buyers repayment abilities.
This is a sample company policy on delegation of authority, setting out general guidance and dollar limitations to which management and employees may commit the Company, the level(s) of management by which certain categories of commitments must be approved, and general procedures for requesting and obtaining such approval.
Even with the pressure of bankruptcy filings bearing down on you, Todd Silberman highlights the importance of taking time away from the stress to regain focus and perspective.
How are good compliance and due diligence programs the safeguard of a successful company? They protect against potential legal liability and financial hardship. They preserve the sanctity of a corporate reputation. There's another upside to this type of programming: done correctly, it can also cut company costs.
Armed with recent amendments to the statute that initially targeted contractors, the government has also recouped millions of dollars using the False Claims Act to battle healthcare fraud. But just what does that have to do with your company and its employees?
This article discusses steps your Nonprofit can take in order to prevent embezzlement.
Discusses ACC's response to and position on the FAS 5 Exposure Draft, and what proposed amendments to the FAS 5 ACC has put forth.
Lists warning signs of financial mismanagement and/or fraud. These attributes were found in companies' operations and activities who are alleged to have engaged in financial mismanagement and/or fraud. Also, lists ways in-house counsel are well situated to address important aspects of many accounting matters and what they can do.
This toolkit provides a guide to some of the basics of financial accounting terms and concepts that are key to in-house lawyers for understanding the company's financial statements as well as a guide to establishing a law department from scratch.
Written in the wake of the Enron situation, this article examines the Sarbanes-Oxley Act as a means of reiterating the importance of honest accounting as a means of averting potential compliance crises before they have the chance to develop.