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| Oversight Systems Executive Reports |
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The 2005 Oversight Systems Report on Corporate Fraud
From the conviction of former WorldCom CEO Bernie Ebbers to the acquittal of HealthSouth’s Richard Scrushy, corporate fraud continues to make headlines. Four years after Enron’s collapse, financial integrity remains a key issue for corporate America. The 2005 Oversight Systems Report on Corporate Fraud surveys certified fraud examiners to report the trends, risks and major concerns that businesses face today.
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The 2005 Financial Executive Report on Risk Management
Like six sigma in the 1990s and total quality management in the 1980s,
risk management now buzzes through corporate America as the latest initiative
for better business management – and for good reason. Most financial executives
say their companies faced significant operational surprises in the last five
years. While it’s encouraging to see growing interest from business leaders
in better management of corporate risk, the challenge will be for corporate
America to transform that interest into action that actually helps reduce
organizational risk.
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The
2005 Financial Executive Report on Sarbanes-Oxley
Ongoing SOX compliance faces huge challenges beyond reigning in costs. Nearly half of financial
executives feel the biggest issue related to compliance is the need to maintain the morale of
the employees responsible for compliance, according to The 2005 Oversight Systems Financial
Executive Report On Sarbanes-Oxley Compliance.
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The
2004 Financial Executive Report on Sarbanes-Oxley
Despite the high costs of compliance, most financial executives describe
their company's Sarbanes-Oxley compliance as a good investment for stockholders, and 79
percent say they have stronger internal controls after complying with the Enron-inspired law,
according to The 2004 Oversight Systems Financial Executive Report On Sarbanes-Oxley
Compliance.
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