Corporate Accountability Report Index-Summary

RADIO

See MEDIA

REPORTING REQUIREMENTS

– Broker-dealer annual audits, SEC reminds AICPA, 1305
– Consolidation rules, role in lending freeze, 553
– Credit risks, FASB standards update supported by Credit Suisse, 862
– Disclosure

See DISCLOSURE

– Distribution to shareholders, earnings per share reporting, FASB guidance, 27
– eXtensible Business Reporting Language (XBRL)

– – IAASB auditor liability Q&A, 75
– – Implementation smooth, benefits seen, 514
– – Initiative to show benefits of use, 1014
– – Maintenance by FAF-FASB, 156
– – Proxy tagging, IAC resolution, 186
– – Tags available, NRSROs must use, 947

– Fair value

See FAIR VALUE

– Fraud starts as small adjustments, says CAQ report, 1121
– IFRS adoption, SEC will still enforce compliance, 1262
– Internal controls

See INTERNAL CONTROLS

– Loss estimate attempt from contingent situation required before impossibility claim, 1325
– SEC Corp. Fin. review process, BNA Insights, 555
– SEC to launch new initiative in 2011, 1348

RES JUDICATA

– Withdrawal of funding claims (2d Cir.), 17

REVENUE RECOGNITION

– Aiding and abetting claims against sales official (D. Conn.), 769
– Bristol-Myers Squibb, former executives defer prosecution (D.N.J.), 710
– Diebold earnings manipulation claims settled (D.D.C.), 599
– Fraud prevention importance, COSO study, 567
– Guidance proposed, FASB-IASB, 684; FASB advisory panel positive, 746; retrospective application burdensome, 1232
– Hansen Medical derivative suit, presuit demand futility not shown (N.D. Cal.), 824; amended complaint fails on same grounds, 1295
– LocatePlus Holdings, fictitious customer (D. Mass.), 1150
– Losses as profits, company settles, CFO and auditors pending (W.D. Wash.), 862
– Lucent revenue inflation, SEC settles with last defendant (D.N.J.), 992
– McKessonHBOC scheme, former chairman sentenced (N.D. Cal.), 277; former executive sentenced, 468
– Network Assoc., prosecutors failed to prove case (9th Cir.), 1378
– Qwest Comm. fraud claims against former executives, oral argument set to clarify issues (D. Colo.), 351
– “Round trip” transactions, former Homestore CEO sentenced (C.D. Cal.), 442
– WellCare Health Plans, withheld funds included as revenue, class settlement (M.D. Fla.), 856
– Whistleblower, executive fired for violations, not status (5th Cir.), 1301

RISK MANAGEMENT

– Assessment and response during audit, comments to reproposed PCAOB standards, 384
– Audit committee role, 819
– Banking financial crisis, hearing, 64
– Climate change disclosure

– – SEC guidance, 89; Bachus (R-Ala) questions decision, 118; Action Memo, 184; effect of guidance, 218; development of regulations, materiality, BNA Insights, 225; effect of guidance, panel, 464
– – Sustainability and energy use issues, Action Memo, 428

– Coal-ash disclosure, shareholder resolutions, 245; MDU Resources vote, 465
– Communication with shareholders, Action Memo, 212
– Crisis management plan creation, Action Memo, 758
– Deepwater drilling disclosure by energy and insurance companies, coalition letter, 852
– Disaster planning, audit committee role, 649
– Executive compensation

– – Assessment, first efforts, 648
– – Banks give more consideration after Feinberg, 1168
– – Banks, guidance, 651
– – Design and review process needed, BNA Insights, 476
– – Disclosure, survey, 877
– – FDIC premiums and risk taking proposal, 34
– – Incentive plans, impact assessment program, Action Memo, 262
– – Internal audits to assess risk, Action Memo, 512
– – Link not addressed, 92
– – Practices, Mercer survey, 36

– Financial crimes enforcement trends, BNA Insights, 605
– Fraud risk assessment challenges, 515
– Government transactions, fraud prevention, 189
– Internal audits target risk, survey, 413
– Long-tail risks as focus of audit committees, 72
– Long-term consequences assessment must improve, Action Memo, 705
– Material misstatements, PCAOB standards, 828
– Mergers and acquisitions

– – Due diligence to protect against risks, Action Memo, 646
– – FCPA due diligence importance, BNA Insights, 387

– Natural gas, hydraulic fracturing, shareholder disclosure request, 93
– Oil sand extraction, 519
– Proxy disclosure rule, risk assessment and policies, Action Memo, 162
– Regulation compliance, reputation, biggest issues, 618
– Responsibility should be shared by all committees, 1109
– SEC view, resource limits of Risk Div., panel, 324
– Significant unusual transactions, risk evaluation, PCAOB staff audit practice alert, 353
– Social responsibility initiatives should be considered, IIA guidance, 310
– Stand-alone committee formation, Action Memo, 1073
– Systemic risk reform

– – Functionality of markets should be focus, says Comm'r Aguilar, 408
– – Growth could be compromised by SEC proposals, says Comm'r Paredes, 439
– – Independence of oversight board, 5
– – Resolution process for failing financial institutions, 376

– Water risks, inclusion in filings, Ceres report, 166
– WikiLeaks shows assessment important, Action Memo, 1342