Jack Welch this week said that new regulations requiring finance directors and chief executives to personally certify their accounts should be revised.
‘Sarbanes Oxley is, in fact, too tough, but we’ll fix it. There are already some fixes going in place,’ he told The Times.
Welch said that better than regulation the best deterrent was to see ‘the bad guys’ punished.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements