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    • The Brocade case: now for the gatekeepers

      Posted by SoxFirst

      Now that the Justice Department got its first backdating scalp in Brocade Communications System's former CEO Gregory Reyes, the Securities and Exchange Commission has now targeted company's former chief financial officer, Michael J Byrd, claiming he was well aware of the falsification of the documents.

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      Fraud and delinquent communities

      Posted by SoxFirst

      A new report shows that most fraudsters are not acting on their own. Usually it involves the CEO and CFO working together to cheat shareholders. The report also reveals that external auditors and directors might be in on it too.

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    • Moving on: CFO departure lounge

      Posted by SoxFirst

      CFOs are heading out the door in record numbers. They blame it on Sarbanes-Oxley, claiming it’s turned their turned the job into the crummiest gig in the corporate suite. Others say they have trouble fitting into organizations.

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    SoxFirst

    Member since Oct 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne


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