enterprise risk News

Company Auditors Face More Rigorous Role in Spotting Fraud: Global Body

Accountants must play a role in spotting fraud when they check the books of companies, a global standard setting body for corporate auditing said in robust proposals Feb 6. The International Auditing and Assurance Standards Board (IAASB), which writes norms …

More Big Corporate Settlements Coming, Says Departing Justice Dept Official

As Kenneth Polite steps down this month as the head of the U.S. Department of Justice’s Criminal Division, he will leave behind a flurry of major corporate settlements that he told Reuters in an exit interview will hit federal court …