by French Caldwell | September 27, 2011 | Comments Off
Headlining today’s Financial Times is a proposed European Commission rule to prohibit the Big Four audit firms from doing consulting work. The idea is that consulting and other advisory work that a Big Four firm would do for your company could compromise the independence of the statutory audits — leading to less transparency for investors. [...]
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by French Caldwell | September 24, 2011 | Comments Off
Mr. Oswald Gruebel blames himself for the UBS fraud and walks with no severance … http://www.reuters.com/article/2011/09/24/us-ubs-idUSTRE78L7IB20110924 This is a complete turnaround from his first statement where he said it was not his fault – but good on him. Mr. Gruebel is setting the right tone for his peers – that’s good leadership, even though it [...]
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