Robust internal control over financial reporting (ICFR) is an important factor in building investor confidence, says CAQ Executive Director Cindy Fornelli. In this guest commentary at the Boardroom Resources website, Fornelli provides insights for audit committee members and others on enhancing ICFR.
When a company identifies or suspects the existence of fraud, what steps should management and the board of directors take? What are key factors of which to be aware? As a follow-up to a December 2016 Anti-Fraud Collaboration webcast on these questions, CAQ Executive Director Cindy Fornelli has posted a companion commentary at the Global Knowledge Gateway of the International Federation of Accountants.
“Overcoming short-termism remains a stark challenge for many companies,” writes CAQ Executive Director Cindy Fornelli in this post at the NACD Board Leaders Blog. Fornelli, leveraging insights from a July 2016 webcast from the Anti-Fraud Collaboration, provides insights on understanding short-termism and how to mitigate its harmful effects.
This item from Financial Executives International’s Erik Bradbury examines the use of non-GAAP measures, an area of heightened scrutiny by regulators.