Culture, Conduct and Value(s)

Prior to reading Mark Carney’s new book Value(s), Building a Better World for All I was involved in researching a response to the crisis of corporate culture and failures in ethical conduct in financial services.  Solely focusing on assigning more direct accountability and punishing more senior individuals did not seem fit for effectiveness, in that it did not seem to truly address the root cause.  Also, from within

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Comply or Explain: Expectations for an internal audit function

For over two decades the UK Corporate Governance Code (‘the Code’) has set the expectations and provided guidelines for corporate governance for UK listed companies. The Financial Conduct Authority (FCA) listing rules require companies to state clearly in their annual reports how the Principles of the Code have been applied.  The listing rules allow companies to explain any apparent deviations from the Principles in their annual reports so interested parties can evaluate the application of the Principles.  This ‘comply or explain’ basis allows companies flexibility in organising and administering their governance frameworks, ostensibly making them more fit for purpose by aligning them with their organisation’s particular circumstance.

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Mind the GAAP (part 1)

This blog will provide information and opinions on matters of interest to corporate entities on the treatment of blockchains and digital currencies for accounting, tax, audit and regulatory purposes.

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Mind the GAAP (part 2)

The second part of the article will explore the options for accounting treatment of digital currencies. It is not possible to reach a unified solution on the matter because the cryptocurrencies are a new economic phenomenon.

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