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Unexpected Benefits of Sarbanes-Oxley
Management Magazine ArticleIn the wake of a series of gross corporate abuses around the turn of the century, Congress passed Sarbanes-Oxley, which was intended to make corporate... -
Reckoning with the Pension Fund Revolution
Finance & Accounting Magazine ArticleThe 20 largest U.S. pension funds hold 10% of the equity capital of the largest U.S. companies, and, in total, pension funds have assets worth $2.5 trillion.... -
Springboard to a Swan Dive?
Auditing Magazine ArticleFor John Clough, the CFO of a high-technology firm, the invitation to join the board of a Fortune 500 company seemed like an opportunity to move up to the big leagues. Until, that is, he started asking about the demands—and the potential liabilities. -
Why Good Accountants Do Bad Audits
Finance & Accounting Magazine ArticleOn July 30, President Bush signed into law the Sarbanes-Oxley Act addressing corporate accountability. A response to recent financial scandals, the law... -
Springboard to a Swan Dive? (HBR Case Study)
Leadership & Managing People Magazine ArticleJohn Clough, the CFO of NetRF, a tech firm in Salt Lake City, gets an offer he's not sure he wants to refuse. Benchmark, a Fortune 500 packaged goods... -
The Audit Committee's New Agenda
Organizational Development Magazine ArticleWho would want to join the audit committee of a board of directors? Wouldn't that just mean slogging through the minutiae of Sarbanes-Oxley compliance?... -
Playing by the Rules: How Intel Avoids Antitrust Litigation
Global Business Magazine ArticleMicrosoft and Intel are both obvious targets for antitrust litigation; both wield considerable control in their respective segments of the computer industry.... -
Taking the Bias Out of Bean Counting
Accounting Magazine ArticleProposed changes by the SEC don’t go far enough to guarantee impartial audits by the accounting profession. -
Audit Committees Can't Add
Finance & Accounting Magazine ArticleUniversity of Chicago's Roman Weil charges that many audit committee members are financially illiterate--and he has the test results to prove it. -
A New Tool for Boards: The Strategic Audit
Auditing Magazine ArticleEstablishing a formal process will help directors review a company’s strategy without undermining the CEO. -
How the Quest for Efficiency Corroded the Market
Accounting Magazine ArticleIn a textbook instance of unintended consequences, policy makers’ attempts to improve U.S. financial markets critically weakened the institutions that protect investors from abuse. Radical reform is needed. -
Benchmarking Your Staff
Organizational Development Magazine ArticleHere's how you can decide on the right size and composition of your corporate staff. -
Why Good Accountants Do Bad Audits (HBR OnPoint Enhanced Edition)
Finance & Accounting Magazine ArticleOn July 30, President Bush signed into law the Sarbanes-Oxley Act addressing corporate accountability. A response to recent financial scandals, the law...
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Accounting Fraud at WorldCom
Strategy & Execution Case Study8.95The principal players in WorldCom's accounting fraud included CFO Scott Sullivan, the General Accounting and Internal Audit departments, external auditor... -
Team Collapse at Richard, Wood and Hulme LLP
Leadership & Managing People Case Study8.95A senior associate at Richard, Wood and Hulme LLP (RWH) was amazed at the speed with which the audit team for an important client for the firm was rapidly... -
New Century Financial Corporation
Finance & Accounting Case Study8.95After years of rapid growth and stock price appreciation, New Century Financial Corporation, one of the largest subprime loan originators in the U.S.,... -
Societe Generale (A): The Jerome Kerviel Affair
Finance & Accounting Case Study8.95This case illustrates the tension/balance that firms with complex and risky business models must consider in designing their internal controls. It describes... -
Financial Reporting Problems at Molex, Inc. (A)
Finance & Accounting Case Study8.95Following an accounting problem at Molex, the firm's auditors request changes in management. The board of directors has to decide whether the auditors'... -
Financial Reporting Problems at Molex, Inc. (C)
Finance & Accounting Case Study5.00Supplements the (A) case. -
Financial Reporting Problems at Molex, Inc. (B)
Finance & Accounting Case Study5.00Supplements the (A) case. -
Governance Failure at Satyam
Finance & Accounting Case Study8.95An unrelated acquisition decision by Satyam Corporation created discontent among shareholders and lead to a series of investigations. The investigations... -
The Crisis at Tyco-A Director's Perspective
Finance & Accounting Case Study8.95In 2002, Wendy Lane had been a member of the board of directors at Tyco International a little more than a year when the company's CEO, Dennis Kozlowski,... -
Lehman Brothers and Repo 105
Finance & Accounting Case Study8.95The collapse of Lehman Brothers in 2008 was the largest bankruptcy in US history. The case examines the economics of the off-balance sheet transactions... -
Stock Manipulation by China's Pangang Group
Finance & Accounting Case Study8.95In April 2011, a university professor of accounting and finance was examining the financial statements of Pangang Group Steel Vanadium & Titanium Company... -
Controls at the Sands Hotel and Casino, Spanish Version
Finance & Accounting Case Study8.95Describes the controls used in the casino over the blackjack game and cash stocks, and movements of cash. Also describes the results measures available... -
Integrated Assurance at Philips Electronics N.V.
Finance & Accounting Case Study8.95Philips Electronics is a leader in integrated reporting. In 2010 it produced its third generation report. Since its first report in 2008, Philips' integrated... -
Kendall Square Research Corp.
Finance & Accounting Case Study8.95Kendall Square Research was a small competitor in the supercomputer industry. Sales grew rapidly in 1992 and early 1993 and the company sold stock to... -
Kendall Square Research Corp. (B1)
Finance & Accounting Case Study5.00Presents a summary of analyst and newspaper reports of events. Designed as an in-class handout. -
The SOX Compliance Journey At Trinity Industries
Leadership & Managing People Case Study8.95Process and information technology changes in organizations are not always voluntary and motivated by strategic goals. Instead, they may be imposed on... -
Ken Durham and Unilever as a 'Multi-Local Multinational', Portuguese Version
Strategy & Execution Case Study8.95Explores the opportunities and threats to Unilever's global business in 1978 based on the commercial and political challenges faced by three of its subsidiaries,... -
Many Unhappy Returns: One Man's Quest to Turn Around the Most Unpopular Organization in America
26.95When Charles O. Rossotti became commissioner of the Internal Revenue Service in 1997, the agency had the largest customer base--and the lowest approval... -
Auditors and Their Opinions
Finance & Accounting Case Study8.95Discusses the purpose of independent audits of financial reports, the nature of audits and auditing, types of independent auditor opinions, and changing... -
Tax Impropriety: Judicial Sanctions and Professional Repercussions
Finance & Accounting Case Study8.95Examines the case histories of high-profile individuals who failed to meet their tax obligations, the judicial sanctions carried out against them, and...