ASIC, the companies regulator in Australia, has accepted undertakings from three partners in KPMG's Perth Office which handled the Wespoint audit. They have agreed to a ban on audit work for up to two years.
Ethics: where religion trumps business
The movement for businesses to behave ethically is long established. But now as information becomes ever-more readily available to ever more people with ever more time on their hands, those that profess ethical behaviour had better make sure the...
Governance: SEC seeks refund under SARBOX
On 22 July, 2009, the Securities and Exchange Commission asked the U.S. District Court for the District of Arizona to order the former chief executive officer of CSK Auto Corporation to reimburse the company and its shareholders more than USD4 m...
Corruption: Queensland MP found guilty
A former minister in the government of Queensland, Australia, intends to appeal his conviction handed down today. Gordon Nuttall says the companies that gave him money expected nothing in return.
Corruption: financial crisis increases fear of corruption
Transparency International's 2009 Global Corruption Barometer says that business people are now concerned that they are losing out to rivals due to corrupt practices as desperation caused by the global economy makes doing business a fight for su...
Indonesia's corruption is both legendary and epic. For several years, the man battling against both political and commercial corruption Antasari...
Governance: Hong Kong company chairman guilty of filing false or misleading statements
Hong Kong's Court of Final Appeal has dismissed an appeal by former chairman of Daido Group Ltd (Daido Group), To Shu Fai, against his conviction...
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