Posts by Matt Kelly

Compliance Jobs Report: Sept. 22

compliance jobs

This week’s Compliance Jobs Report starts with big news: COSO chairman Bob Hirth is stepping down after four years. We also have compliance officer moves at Simplot, Umpqua Bank, TIAA, Amazon; anniversaries at Raytheon, Columbia Sportswear, Abbott, and elsewhere. Plus, as always, a few interesting job posts. I gather these bits of information from LinkedIn,…

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New Standards and ‘Shadow Process’ Risk

shadow process

In the cybersecurity world, executives worry constantly about “shadow IT”—the risk that employees will implement their own IT systems via the cloud without telling anyone, therefore exposing the company to unknown security risks. Here at The Exchange Community, as I listen to discussions of new accounting standards for revenue recognition and leasing, I see a…

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TEC 2017: Importance of Reliable Data

data

Workiva’s TEC 2017 conference opened on Tuesday with a group of CFOs fretting about data—and, when you think about it, who can blame them? Companies are drowning in data. CFOs, CEOs, and other senior leaders spend far more time than they should simply confirming the authenticity and accuracy of it. The morning session even featured…

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SOX Compliance: Do Better Than a ‘C’ Grade

SOX compliance

So there we all were on Monday, several hundred of us, warming up for Workiva’s 2017 Wdesk user conference by attending the SOX & Internal Controls Professionals Group Summit to talk all things internal control. On stage was Jeremy Sucharski, GRC, SOX, and internal audit partner at Armanino. He was sharing thoughts on good and bad…

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The Importance of Purpose

Mission

Mission matters. Even at publicly traded companies, where so often “the mission” seems to be making ever more profit for shareholders— at the best of them, that’s not true. They still articulate some greater purpose, and believe that purpose is worthwhile. Their leaders like talking about that purpose, whatever it is. I’ve been reflecting about…

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Compliance Jobs Report: Sept. 15

Compliance jobs

This week’s Compliance Jobs Report includes news from Amazon.com, Roche Molecular, S&P Global Ratings, USAA, and more. We also have an interesting job opening at the SEC, a new head of the IIA in Mexico, and lots of other gossip. Read on… I gather these bits of information from LinkedIn, news alerts, and friends emailing…

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Rosenstein Talks Yates Memo, Says Diddly

Don’t look now, but the compliance Internet is all a-Twitter today because Deputy Attorney General Rod Rosenstein said in a public forum that maybe, sometime soon, the Justice Department might change its views of corporate cooperation under the Yates Memo— or then again, maybe not. Who knows, really. To remind everyone, the Yates Memo is…

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Shameless Self-Promotion: Anti-Fraud Triangle Paper

anti-fraud triangle

As devout Radical Compliance readers might already know, from time to time I have written about something I call the Anti-Fraud Triangle—a method of assessing misconduct risk in your organization, based on the Fraud Triangle that auditors have used for decades to understand fraud risk. Well, I just published a longer white paper on the…

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Compliance Jobs Report: Sept. 8

compliance jobs

The big news in this week’s Compliance Jobs Report: the head of compliance at Target is moving on; and the No. 2 FCPA prosecutor at the Justice Department has returned to the private sector. We also have a few job openings of note, and news from ORIX USA, GE Healthcare, BMO Financial, and lots of…

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COSO Debuts Final ERM Framework

COSO unveiled its new framework for enterprise risk management this morning, a trimmed down version of the original draft that still places a heavy emphasis on embedding risk management across the whole enterprise and tying it deeply to corporate strategy. The framework is available at www.COSO.org. It’s the result of nearly three years’ work and…

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