AICPA, Regulatory Information and Financial Reporting resource Organizations & Associations OCEG Reviewed
Are You Prepared to Release Hitherto Undisclosed Information? (2008) resource Articles OCEG Reviewed
Board members are paying more attention than ever before to the issue of tax reserves attention that is now intensifying as public companies prepare their 2007 financial statements for publication and SEC filing with annual reports.
The reason is FIN 48, prescribed by the Financial Accounting Standards Board, which not only mandates new procedures for consistent application in determining the amount of tax reserves commencing in 2007, but also requires, for the first time, separate disclosure of such reserves in financial statements.
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Complexity DeCIFiRed SEC Advisory Committee Releases Final Report (Deloitte, 2008) resource Articles OCEG Reviewed
This article discusses the final report of the SEC Advisory Committee on Improvements to Financial Reporting (CIFiR).
Heads Up, Vol. 15, Issue 30 (2008)
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Corporate Governance and Executive Compensation Provisions of the Dodd-Frank Act (July 2010) resource Articles OCEG Reviewed
Harvard Law School Forum on Corporate Governance and Financial Regulation (July 8, 2010)
EU Internal Audit Manager Guideline for Internal Financial Control Assessment Part I - Principles (2007) resource International Materials OCEG Reviewed
The objective of the Guideline is providing principles and techniques applicable for Internal Financial Control Assessment in order to give accurate information to develop, assess and improve internal financial control systems by utilizing the methods of the ISO/IEC 15504 Process Assessment standard. Mastering and practicing the Guideline content, managers and internal auditors will enable to enrol to the job role of EU Internal Financial Control Assessor based on the requirements of the European Internal Financial Control Assessor Skills Card.
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FDIC, Strategies for Enhancing Corporate Governance, Audit Report No. 04-032 (2004) resource Agency Guidances Member contributionOCEG Reviewed
This report presents strategies for enhancing corporate governance. The objective of this audit was to synthesize information and provide a prospective focus that may be used in evaluating approaches for enhancing some key elements of the corporate governance framework – the audit committee, risk management, and internal control over financial reporting.
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Federal Sentencing Guidelines Manual §8B2.1. Effective Compliance and Ethics Program (2010) resource Agency Guidances Member contributionOCEG Reviewed
To have an effective compliance and ethics program, for purposes of subsection (f) of §8C2.5 (Culpability Score) and subsection (c)(1) of §8D1.4 (Recommended Conditions of Probation - Organizations), an organization shall -
Final Report of the Advisory Committee on Improvements to Financial Reporting to the United States Securities and Exchange Commission (2008) resource Agency Guidances OCEG Reviewed
Key Recommendations:
A. Increasing the usefulness of information in SEC reports
B. Enhancing the accounting standards-setting process
C. Improving the substantive design of new accounting standards
D. Delineating authoritative interpretive guidance
E. Clarifying guidance on financial restatements and accounting judgments
Report Released August 1, 2008
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General Rules and Regulations Promulgated under the Securities Exchange Act of 1934 resource National Regulations Member contributionOCEG Reviewed
Section 2 -Necessity for Regulation as Provided in This Title:
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Glossary of GRC Terms from Financial Services Provider Perspective resource Member Contributions OCEG Reviewed
