Section 302 of the Sarbanes-Oxley Act of 2002 (SOX) requires that CEOs and CFOs of public companies, in connection with the filing of periodic reports under the Securities Exchange Act of 1934, disclose any changes in their internal control systems. SOX section 404 further requires that management present a report assessing the effectiveness of its internal controls and that such assessment report be audited by a registered accounting firm. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) issued Guidance on Monitoring Internal Control Systems in January 2009. The guidance provides a model for company management to design and implement an internal control assessment program. This article addresses the issues of designing such a program. The first section deals ...
The death of 29 men in Massey Energy Co.s Upper Big Branch coal mine was not an unforeseeable act of God as company officials had claimed, according to a state report released Thursday. The first of several reports on the disaster concludes a cascading series of explosions on April 5, 2010 was the result of failure after failure by state and federal regulators and, most of all, by the hubris and profoundly reckless manner of Massey itself. An eight-member panel appointed by former Gov. Joe Manchin and led by J. Davitt McAteer, who led a similar investigation into the 2006 Sago disaster, was tasked with evaluating all sides, including failures by government regulators. But the panels sweeping, 120-page report serves as an extensively-footnoted indictment of conditions at a mine operated ...
...Top-level management officials at Performance Coal the Massey subsidia...
MONTREAL, Nov. 8, 2011 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) has been commended by the Carbon Disclosure Project (CDP), which represents 551 institutional investors with US$71 trillion in assets under management, for its approach to the disclosure of climate change information. For the third consecutive year, CN is featured in CDP's "Carbon Disclosure Leadership Index." This index, a key component of CDP's annual Canada 200 report, highlights the constituent companies within the Canada 200 Index which have displayed the most professional approach to corporate governance regarding climate change information disclosure practices. Companies are scored on their climate change disclosure and high scores indicate good internal data management and understanding of climate change related iss...
... shown a strong awareness of the business issues related to climate change including climate-relate...About CN CN - Canadian National Railway Company and its operating railway subsidiaries - spans Can...
A meeting between Appalachian Power representatives and supervisors from the four counties surrounding the Smith Mountain Project did not bear fruit, according to one supervisor who attended. At the Feb. 9 meeting, supervisors representing the Tri-County Relicensing Committee (TCRC) asked Charles Patton, the president of Appalachian, and fellow representatives to modify the company's revised Shoreline Management Plan (SMP) to resolve issues TCRC had with the document, said Russ Johnson, Gills Creek supervisor and chairman of TCRC.
There may be a little irony in the fact that training and development professionals have taken so tong to progress along the Web 2.0 learning curve. A recent study (Transforming Learning: Web 2.0 Technologies) commissioned by ASTD and conducted by i4cp found that the vast potential of Web 2.0 technologies has not yet been realized by the learning functions in most organizations. The biggest obstacle is the fear of confidential information leaks. Companies are also wary of the spread of inaccurate or incomplete information. Other risks include damage to the company's reputation, increased legal issues, loss of management control, and loss of productivity. Employee training needs to take place, and the use of these tools should be included in the daily workflow. Employees who have never u...
Vice President Corporate Contributions, Vice President Comerica Charitable Foundation Daily management of Comerica's $13 Million philanthropic giving programs. Coordination and direction of charitable giving functions in MI, CA, TX and FL. Audit and oversight of all risk and regulatory issues associated with charitable outreach and management of the company's charitable foundation subsidiary. Impact we are able to have on improving the communities where Comerica has a presence. The opportunities to interact with recipients of our grant dollars, and hear the real stories of how our efforts make a difference. I also enjoy opportunities to work on internal work teams. I currently serve on the leadership council of the Comerica African American Network (CAAN). It's very rewarding to partici...
WASHINGTON, May 30, 2012 /PRNewswire-USNewswire/ -- The Joint Center for Political and Economic Studies, one of the nation's leading research and public policy institutions, has announced that former Michigan Congresswoman Carolyn C. Kilpatrick and Freada Kapor Klein, Ph.D., a philanthropist and an expert on issues of discrimination and diversity, have been elected to three-year terms on its board of governors. Congresswoman Kilpatrick represented her congressional district in Detroit from 1996 to 2010, serving on the House Appropriations Committee and as chairwoman of the Congressional Black Caucus. She served in the Michigan House of Representatives from 1979 to 1996, and is the owner and Managing Partner of J&A Global Partners, LLC, a consulting company with offices in Detroit and Wa...
In mid-November, National City Bank hosted a luncheon at which national economist Richard DeKaser spoke along with Andrew Harding. chief investment officer, fixed income for Allegiant Asset Management Company. Mayland provided a list of these issues. * The decline of housing is mostly behind us. * Home affordability has greatly improved. * Like housing, the decline of consumer spending for automobiles is mostly behind us. * A good portion of the burden of reduced spending for consumer goods will fall on foreign producers. * US exports are still being positively influenced by a cheap dollar. * The recent decline in the price of oil will free up some discretionary income. * Monetary policy is expansionary and in time will gain traction. * Than is an increasing chance of seeing another ro...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
41 usc 11a | Smart Parts, Inc. | Kentucky First Bancorp, Inc. | Air Alsie A/S | Attacks The | Retraites des rapatries | Secreto militar | naturaleza juridica seguro | gruppo maha
