Inevitably against the current Covid-19 backdrop there has been a flurry of marketing activity from organisations looking to exploit the crisis to gain more business. Some are quite subtle, others less so – like the advert we saw on Facebook yesterday from a Kitchen company proudly announcing ‘Corona Virus Sale – 35% of all Kitchen…
Enron, WorldCom, Tyco – these very high profile US corporate failures led directly to the introduction of the Sarbanes Oxley (SOX) regulatory framework in 2002. BHS, Carillion, Patisserie Valerie – these very high profile UK corporate failures are set to lead to the creation of much more muscular audit, reporting and governance regulator in the…
As you do on a Friday, we have been having another read of the “Wates Corporate Governance Principles for Large Private Companies”, published in December 2018 and which will apply to company reporting for financial years starting on or after 1 January 2019. We should start seeing their impact in Annual Reports being published during…
Many organisations continue to use tactical solutions to support and facilitate their Internal Control and Compliance framework. Tactical solutions typically consist of an unholy and uneasy co-existence of spreadsheets, word documents, access databases, emails and SharePoint sites with large amounts of supporting documentation kept in hard copy. Two negative features, and natural by-products, of such…
