I further do not believe that society was well-served by the loss of one of the Big 5, thus concentrating the choices for independent audit work in the future.
In this report introduced by Erik Schatzker on Bloomberg Television's "InsideTrack", Sara Eisen reports on that Wal-Mart is investigating allegations of bribery of Mexican officials by its Mexican subsidiary to speed the opening of stores in that country.
This set introduces ethics risk management and other governance and accountability paradigm changes. Lay also faces years in prison in a separate case. What should the regulatory bodies do with the fines paid by these banks? In addition, a growing number of companies have started placing disclosures in their financial documents that say their employees may at times violate the U.
Critics dismiss these reports as lip service, citing examples such as Enron 's yearly "Corporate Responsibility Annual Report" and tobacco companies' social reports. It was revenue generation and retention. Being a whistleblower is not an easy task.