US-quoted companies have drastically cut accounting faults and are dealing
better with the Sarbanes-Oxley
millstone, a wide-ranging study has discovered .
The analysis, compiled by corporate governance publication Compliance
Week, showed that companies had significantly reduced the number of
material weaknesses found in their accounts.
Between November 2006 and May 2007, the percentage of material weaknesses
identified in the 9,700 companies polled fell to 5.9% compared with 16.7% in the
12 months to November 2005.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned