Year: 2009

From Burden to Benefit: Making the most of regulatory risk management

Doug Cornelius  Enterprise Risk Management   [+]

The Economist Intelligence Unit published an executive briefing: From Burden to Benefit: Making the most of regulatory risk management (executive summary) (full report .pdf). It is an irony of modern business that regulation, a concept designed to reduce risk by protecting the interests of corporates, customers and society at large, has itself become one of … Read more »

Deloitte’s Year End Reporting Issues: An Update on Current Issues and Items on the Horizon

Doug Cornelius  Accounting   [+]

Deloitte, as part of their Financial Reporting Series presented a webinar on year end reporting issues. The panel consisted of: Bob Uhl Beth Ann Reese Glen Donovan Stuart Moss Valuations will be a hot topic for year end reporting. The problem is the current “market impairment” existing for many securities. Auction Rate Securities settlements offer … Read more »

AICPA’s Generally Accepted Privacy Principles

Doug Cornelius  Privacy   1

The AICPA and Canadian Institute of Chartered Accountants formed a privacy task force and developed the ten principles of the Generally Accepted Privacy Principles: Principle 1: Management The first principle of the Generally Accepted Privacy Principles (GAPP) is Management. This principle requires that the entity define, document, communicate, and assign accountability for its privacy polices … Read more »

Strategies for Responding to Liquidity Needs of Investors in Real Estate Funds

Doug Cornelius  Private Investment Funds   [+]

Goodwin Procter put together a great piece on Strategies for Responding to Liquidity Needs of Investors in Real Estate Funds. As a result of the current economic downturn and global economic credit crisis, some investors find themselves over-allocated to investments in private real estate funds because their private real estate investments have not been written … Read more »

Best Practice Advice for Improving Employee Awareness of Your GRC Program

Doug Cornelius  Whistleblower   [+]

This post gathers my notes from a webinar entitled Best Practice Advice for Improving Employee Awareness of Your GRC Program which was presented by EthicsPoint. Barbara Upton-Garvin from the Boys & Girls Club of Greater Kansas City started off with a discussion of their awareness programs. They highlighted their ethics policies and their whistleblower’s policy. … Read more »

Whistleblower Hotlines for Home Builders

Doug Cornelius  Whistleblower   1

In running through the Compliance Week database, I ran across a few Whistleblower sites and related information for construction companies. Beazor Homes Confidential Ethics Hotline Through the Ethics Hotline, you can report evidence of known or suspected fraud, theft, accounting or auditing improprieties, other financial misconduct, or any other type of misconduct involving the assets, … Read more »