The US Justice Department is making permanent, with some changes, the pilot program it created in 2016 to encourage self-reporting when companies violate the Foreign Corrupt Practices Act. "Criminals try to evade law enforcement" as well as internal controls and compliance programs, so "honest companies pose a meaningful deterrent to corruption," Deputy Attorney General Rod Rosenstein said in announcing the revised program.
Audit data analytics have the potential to create significant benefits for auditors and their clients. In this excerpt from the AICPA's new Guide to Audit Data Analytics, learn how to apply the techniques to a risk-assessment procedure.
William Duhnke will chair the Public Company Accounting Oversight Board and will be joined by board members J. Robert Brown, Kathleen Hamm, James Kaiser and Duane DesParte. The Securities and Exchange Commission announced their appointments Tuesday as the board's membership changed over completely.
Making a "discretionary effort" -- that is, going beyond what is expected for a task -- is certain to get the notice of supervisors, no matter how busy or distracted they are. The key is pointing out the effort with subtlety and finesse.
Fewer jobs were available in October than in September, but hiring improved, according to the Labor Department. As October ended, almost 6 million jobs were available, compared with 6.18 million in September, but total hiring was up 4.4%.
If you have teenage children who have earned income from a summer job or part-time position, consider setting up Roth individual retirement accounts for them and matching contributions to the accounts. Roth IRAs often make sense for younger savers, as they allow for many years of tax-free growth.
Adoption of recommendations related to climate risks can lead to improved company resilience, a global task force says.