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.
In order for in-house counsel not to find themselves the subject of the next audit committee inquiry at their company, it is vital that they know how to properly investigate and pursue internal allegations of such "white collar" crimes as fraud, theft, and corporate malfeasance. The fact that the allegation is never the only focus of a possible audit means how your legal department responded to the claim should be enough to get you to read the steps in handling such cases outlined here.
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.
Summarizes how to meet the deadline, study the response, get authorization to respond, and understand the ethical and regulatory rules regarding audit response letters.
This issue includes articles about defensive tactics, border and travel problems, navigating international tax authority and risk management in Canada.
The Public Company Accounting Oversight Board recently issued its long-anticipated rules on auditor independence issues and the relationship with the company's independent auditor. The authors give tips on how you can keep your audit committee up-to-date and on the straight and narrow.
Auditors seem to be setting a higher standard in asking for assurances from counsel than the reasonable assurances that auditors themselves provide in their letters. Your task in conveying and interpreting this information is a critical one. Here is a guide to responding that walks the line between too much and not enough.
Litigation isn't cheap. But you don't want your company's multimillion-dollar lawsuit handled by Bob's Shoeshine and Legal Services. Your company needs the best legal representation it can afford. In the finale of his Lawyerland trilogy, the author explains the basic techniques of project management he now uses after experimenting with two cases and details how and when these techniques can fruitfully be applied to manage your company's litigation.
An effective corporate intellectual property program provides protection for valuable intangible assets, generates income, and enhances a company's value. It is one that protects both a company's rights and minimizes risk that the company may infringe on the rights of others. What's not to like? Yet too often, companies neglect doing an IP audit until there's a cease-and desist letter on the GC's desk. Learn how to perform an IP audit and find ways to maximize revenues while minimizing exposure. It's every in-house lawyer's dream, isn't it?