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The Mother of all Dashboards
in The CIO Weblog, on July 1, 2009
...all the more feeble.
Turns out this has all been in the works since 2006, when the Federal Funding Accountability and Transparency Act was passed, implemented in large part by the Office of Managemen...
GAO slams SEC
in Sox First, on May 9, 2009
...way with his fraud for some time. It failed to do its job and protect investors. Now a Government Accountability Office (GAO) report shows us why that happened and how badly it was run under Christ...
TARP fraud investigations
in Sox First, on April 21, 2009
...his month, I did a blog entry looking at how the TARP cop Neil Barofsky bemoaning the lack of accountability for the bailout funds being put up by US taxpayers. Clearly, the system is open to f...
Bailout transparency problems continue
in Sox First, on January 31, 2009
...able monthly mortgage payments. Still, the US Government should pay heed to the latest Government Accountability office report which says that the US Government's Troubled Assets Relief Program...
Climate change chain of command
in Sox First, on January 5, 2009
...st under 20 per cent said responsibility lay with the chief risk officer. Not having clear lines of accountability can leave companies with potential problems in such areas as strategy and managing th...
The relational company
in Sox First, on January 5, 2009
...mpanies could operate under a significantly reduced legal and regulatory burden. Why? Because their accountability would not rely primarily on laws and enforcement.
...
More bailouts on the way
in Sox First, on January 3, 2009
...he program will be made widely available.but going on the track record so far, don't expect any accountability or too much discretion." Don't believe it. Based on the track record, we ca...
Auditors slam bailout
in Sox First, on December 3, 2008
...
The Government Accountability Office has raised questions about the transparency of the US Government's $700 billion rescue package for profligate banks. In its report , the GAO says nobod...
Online Program to Help Failing High School Students
in The Online Universities Weblog, on November 29, 2008
...signments to a teacher may have even more difficulty turning in assignments without any in-personal accountability....
Financial ethics and the meltdown
in Sox First, on October 15, 2008
...this leads to two conclusions: creating a different ownership structure for business, and improving accountability so that businesses reveal exactly how they make their money. If followed through, it...
How global warming will change companies
in Sox First, on August 20, 2008
...risis have on business organizations? It will reshape them, bringing in new lines of reporting and accountability. And it will usher in new careers and jobs. I explain that in my piece here . All t...
US corporations dodging tax
in Sox First, on August 13, 2008
...s and foreign owned corporations are getting out of paying tax, according to the latest Government Accountability Office report . Go to Table 1 and you will see that two-thirds of US corporations pa...
Bootstrap your bottom line (Part 2)
in BootStrapMe, on July 29, 2008
... the tiring efforts that go into bootstrapping whether to launch or grow a business
• Find an accountability partner. Bootstrappers can sometimes be at least partially dreamers. It takes a special...
Pointing Fingers
in The CIO Weblog, on July 9, 2008
When automated processes break down in the modern enterprise, who gets the blame?
The IT department, of course, with you, the CIO, called on the carpet to explain, without lapsing into the required technical detail, all your sins to people who don't really care why or who could understand even ...
Fair value countdown
in Sox First, on July 9, 2008
...ing. I look at that issue in my column here . In theory, fair value creates more transparency and accountability, and serves as a risk management tool. Get rid of it and the crisis will last longer ...
Here comes the Fed
in Sox First, on June 19, 2008
...ets. All this does is give the Government more control. The other worrying sign is that Government Accountability Office has once more slammed the Fed for its sloppy internal controls. Which hardl...
The audit cartel
in Sox First, on June 4, 2008
...ate governance or freedom from frauds and fiddles. Without effective independent regulation, public accountability and demanding liability laws, the industry cannot provide value for money."
...
SOX and CFO exits
in Sox First, on May 29, 2008
...ouble finding a job after they were kicked out. The researchers say Sarbanes-Oxley imposed greater accountability on CFOs. But what's more likely is it's made it more difficult for companies ...
New Carbon Tradeoff Management Software
in Supplychainer, on May 25, 2008
...enue growth platform for businesses, as clients have been increasingly vocal about transparency and accountability issues from organizations they do business with.
...
Failed audit in Iraq
in Sox First, on May 24, 2008
...ls, the kind that are designed to prevent fraud, waste and abuse. The audit found a similar lack of accountability in the Army's handling of $1.8 billion in seized or frozen Iraqi assets. Some of ...
Directors and donations
in Sox First, on April 14, 2008
...t rhetoric. Deep down, they don't want more transparency. According to a Center for Political Accountability survey , company directors remain clueless about campaign finance rules and their own...
Hedge Fund Risk
in The Hedge Funds Weblog, on February 26, 2008
...
A report by the Government Accountability Office , the investigative arm of Congress, found that hedge funds' inclination to take substantial risks with increasingly large sums of money - and...
The Future Of Management
in Sox First, on January 14, 2008
Many years ago, management thinker Gary Hamel was praising Enron just before the energy giant imploded . Never mind, Hamel's ideas are always provocative. And he has maintained that stance in his latest book The Future of Management . The hidden question Hamel is addressing is s...
Pandemic preparedness
in Sox First, on January 10, 2008
...hat doesn't mean the pandemic issue has gone away. Towards the end of last year, the Government Accountability Office released a report warning that the big challenge was "maintaining a foc...
The Writing On The wall
in Sox First, on January 7, 2008
...de them with the institutionalist network that would permit more creative pluralism and endogeneous accountability". "
...
Buffett bonding
in Sox First, on January 2, 2008
Interesting questions raised from The Wall Street Journal's scoop last week that Warren Buffett plans to make a buck out of the turmoil in the financial markets by establishing a bond insurance firm with the goal of giving local governments a cheaper borrowing option. The business will guar...
One World Trust's Grudge Against Google: Consumer Cautions
in Audeamus - How dare we..., on December 16, 2007
...
Google didn't cooperate with OWT - and so they struck back in their 2007 accountability report . They even managed to give a completely false assessment on Google [pdf] "based on pu...
Bribery update
in Sox First, on December 11, 2007
...lture," he told the Financial Times . "We have to make sure we align responsibility and accountability in the company from the top down. Leaders will lead the company, leaders will be respo...
Iraq's accounting black hole
in Sox First, on December 7, 2007
... that equipment, services and construction were delivered properly. It coincides with a Government Accountability Office report which says that pentagon 's use of the terms "independ...
Charities and governance
in Sox First, on December 5, 2007
...haritable trust book in the country, found that the non-profit sector had bad governance and little accountability. And the problem started with the boards. "According to the report, directors o...
Goals for '08
in Biz Plan Hacks, on November 27, 2007
...ou have good goals for next year but you also see them through. One of his suggestions is having an accountability partner who will keep you on your toes.
Another point that Zig Ziglar points out ...
Balance and agility in IT projects
in The CIO Weblog, on November 27, 2007
...ped to deal with, and the more applicable those lessons.
I can't disagree that brutal honesty, accountability, and closer relations with the project end-users and stakeholders are not very signif...
SOX squeezes supply chains
in Sox First, on November 26, 2007
...ome absolutely critical in a global economy where consumers have more power and where pressures for accountability are growing. So what impact has it had on supply chains. But what impact has Sarbanes...
Fixing Transparency will Fix Everything: Consumer Cautions
in Audeamus - How dare we..., on November 24, 2007
CSR activists are playing hardball, impatient to let free-market Darwinism decide the fate of business. Fighting for a personal platform, they do not see the damage they cause.
Breaking Ethics News
This Thursday at Dixie State College, Utah , their bi-monthly Business and Ethics Foru...
GAO slates SEC, again
in Sox First, on November 21, 2007
...reat Enforcer of Sarbanes-Oxley has its own problems with material weakness with the Government Accountability Office declaring that the Securities and Exchange Commission has problems with its ...
New Email System Claims to Eliminate Spam
in I got Spam?!, on November 16, 2007
...y Act (FERPA) and exceeds security and privacy requirements of the Health Insurance Portability and Accountability Act ( hippa ). Potential users include healthcare professionals, insurance compa...
GAO slates IRS
in Sox First, on November 12, 2007
...
The Government Accountability Office has once more canned the Internal Revenue Service for its sloppy internal controls, legacy systems and dodgy Information Security . In its report , the ...
Charles Prince resigns - the domino theory of market meltdowns
in Sox First, on November 5, 2007
... the next domino fall? Clearly, this is part of a new trend. "There's a newfound sense of accountability at these boards, but where have they been before? Only now, with a sense of public pr...
Ethics watch
in Sox First, on November 1, 2007
...much priority on ethics. And it's particularly damning of boards because only boards can demand accountability of the executives they appoint.
...
Outsourcing the blame
in The CIO Weblog, on October 22, 2007
..., vast departments which finger-point and fling the blame without any single point source of accountability anywhere in sight. Is dealing with outsourced technical support at the major PC manuf...
Behold, the humble business PC
in The CIO Weblog, on October 16, 2007
Ah, the venerable beige box-one beneath every desk in corporate America before manufacturers discovered the color "black" and got all trendy on us. But perhaps no longer, according to Gartner by way of this ComputerWorld article. Corporate America, it seems, is getting ready to turn ...
Are companies realizing their corporate social responsibilities?
in Java Entrepreneur, on October 14, 2007
...ived a 10 out of 10 rating by Governance METRICS International (GMI) which scores for board accountability, financial disclosure and internal controls; shareholder rights; executive remuneration; ...
What Are Your Greatest Temptations?
in Bizinformer, on October 12, 2007
...his book the five temptations reviewed are:
Choosing status over results
Choosing popularity over accountability
Choosing certainty over clarity
Choosing harmony over productive conflict
Choosing...
What we can learn from Sporting Strategy
in Businesspundit, on October 11, 2007
...insight and uses this to massage his strategies. Importantly, through these decision making forums, accountability is shifted away from just him as the coach, and to undoubtedly the people who can inf...
Financial statement fraud gangs
in Sox First, on October 1, 2007
... Control Overrides in Financial Statement Fraud was based on a sample collected by the Government Accountability Office of 834 companies that issued restatements between January 1, 1997, and June 30...
Ratings agencies get let off
in Sox First, on September 26, 2007
...t rating agencies will protect investors and enhance the reliability of credit ratings by fostering accountability, transparency, and competition in the credit rating industry," said SEC Chairman...
Other bootstrap musician resources
in BootStrapMe, on September 24, 2007
...ofit and for-profit boards
• Accountability for non-profit boards
...
GAO slates SEC for being too slow
in Sox First, on September 21, 2007
...
Last year, I wrote about the Securities and Exchange Commission getting slated by the Government Accountability Office. You can read some of the reports here and here . Now the Government Accou...
20 tips to avoid burnout
in BootStrapMe, on September 11, 2007
...the hardest of these tips to follow as a part-time bootstrapper with a full time gig.
11. Set up accountability. Spouses, parents and children can be great for this. The long hours and other sacr...
Private lives, public accountability
in Sox First, on September 10, 2007
In their books Hard Facts, Dangerous Half-Truths and Total Nonsense , Jeffrey Pfeffer and Bob Sutton argue that leadership is not all it's cracked up to be. They show how change at the top has little correlation with corporate performance and they make the point that leadership might mat...
Playing the angel
in Audeamus - How dare we..., on August 16, 2007
...gal, their stock price went from $7 to $54 just because of press releases.
Whatever happened to accountability?
Whatever happened to actually delivering on promises? I mean, aren't we the co...
The bottled water lie
in Sox First, on August 7, 2007
...a comes from the same source as tap water. This follows the work of activist groups like Corporate Accountability . Bottled water is the perfect symbol of our culture and comes a huge cost to the en...
Kehe Food Distributors Implements RedPrairie Supply Chain Suite
in Supplychainer, on August 6, 2007
...ve a high degree of automation in our distribution centers, we want improved product visibility and accountability in order to stay at the forefront in our industry. The RedPrairie solution will solid...
Q&A with Charles Philips - InformationWeek
in The CIO Weblog, on July 31, 2007
...istent with the decisions customers are already making: They want fewer software suppliers and more accountability, more Standardization and pre-integration, and less complexity. We are removin...
Kentucky Fights for Helmet Laws
in Under My Helmet, on July 26, 2007
...parents. So what's to do? More laws? Not really. How about more education. More awareness. More accountability by negligent parents....
5 Reasons Why Accountability Matters In SEO
in The Search Engine Weblog, on July 12, 2007
...search engine optimization services is not just the thrill of getting a number one ranking, but the accountability attached to it. So what are the reasons why accountability matters in SEO?
1) Predic...
Six organizational pathologies
in Sox First, on July 9, 2007
... conflict-free veneer, plans and promising projects can't seem to get traction. There is little accountability. People have no idea what decisions they are responsible for and the organization its...
10 rules for corporate social responsibility
in Sox First, on June 8, 2007
...rvice and public relations window-dressing CSR takes in five areas: 1. Corporate governance and accountability: the company is accountable to shareholders, government, employees, customers and com...
The link between ethics and corporate responsibility
in Sox First, on June 5, 2007
...ity takes in three areas: 1. good governance 2. corporate social responsibility 3. environmental accountability. What that means is that the behaviors inside the organisation and management perspe...
IT Projects - Manage the Change
in The CIO Weblog, on June 4, 2007
...rship
- Ineffective Project Team performance
- Inadequate stakeholder engagement
- Diffuse Accountability
- Lack of clarity on critical milestones
- No line of sight of original busines...
Global accountability and class actions
in Sox First, on May 23, 2007
...ing more class actions in the US. And the trend is expected to continue according to an ISS report Accountability goes global . There was a time when overseas institutions regarded the litigious env...
Work Life Balance in the Circle of Wisdom
in Bizinformer, on May 18, 2007
...ck and shoulda/coulda/woulda myself into a world of guilt -let's just move on from here."
ACCOUNTABILITY: Take your priorities and your goals and put them on your schedule. Want to add exerc...
Iraq and the case of the missing oil revenues
in Sox First, on May 14, 2007
... are making while US soldiers are dying there. Now, we are seeing how bad it is with a Government Accountability Office report, detailed in the New York Times , revealing that between 100,000 and ...
Soaring executive pay: seven solutions
in Sox First, on May 4, 2007
... compensation. As I have pointed out here , the experience overseas is that it has improved board accountability and resulted in more dialogue with shareholders but pay levels have continued to ratc...
10 steps to an IT governance disaster
in Sox First, on May 3, 2007
...ication and cost. What's more important is the autonomy. 4. Encourage responsibility without accountability. 5. Make sure the IT department makes all the decisions on projects and programs a...
Lessons in email and document protection
in Sox First, on May 3, 2007
... on grave political, legal and social implications. And it puts a whole new slant on the meaning of accountability. He raises some important questions: Do you know what, if any, litigation hold policy...
Say on pay debate
in Sox First, on April 30, 2007
... that the votes in other jurisdictions strengthened pay for performance linkages and improved board accountability and dialogue with shareholders. But the key point is this: pay levels have continued...
How Wicked Could SEO Get?
in The Search Engine Weblog, on April 21, 2007
...eeking "snake oil SEO salesman" to close a deal at a good profit, often without realistic accountability or other consumer safeguards in place. But, as the 2001 Nobel Prize winning ec...
Half of me- The blog behind success
in Daily Power Walk, on April 20, 2007
Someone who has inspired a lot of people through her weight loss success is Jennette.
She is the author behind the blog " Half of me " where she writes about her way to a thinner life.
I caught up with Jennette and asked her a few questions.
What made you decide to lose weight?
No ...
Wolfowitz woes continue
in Sox First, on April 18, 2007
...ding the Ethics Committee, the President and staff upholding the highest standards of integrity and accountability. Like all organisations, the Bank must have systems and rules in place to ensure adhe...




