Characteristic Traits of Behavior Make Women More Moral Than Men I have previously blogged about women and the glass ceiling and how they have been lagging in C-Suite positions. Along comes a research study from the Harvard Business Review that seems to show an increase in gender diversity, but raises questions about where we go
There are Benefits to Giving Women Greater Access to the C-Suite Read More »
Keys to Operating a Successful Cannabis Business State legislation that permits the sale and distribution of marijuana is on the rise. Thirty-three states allow it for recreational and/or medical purposes, including the District of Columbia. Cannabis sales were estimated to be $15 billion in 2018 and projected to be about $73.6 billion by 2027. Given
Accounting, Tax, and Regulatory Issues in the Cannabis Business Read More »
Actions Constitute an Act Discreditable to the Profession On May 18, 2020, the Securities and Exchange Commission (SEC) announced settled charges against three former KPMG LLP audit partners for improperly sharing answers to internal training exams. The exams were administered to determine whether its audit professionals understood certain accounting and auditing principles that are essential
KPMG Sanctioned by the SEC for “Stealing the Exam” Read More »
The Lost Art of an Independent Audit The time has come to revisit the issue of whether all nonaudit services should be prohibited for audit clients. The accounting profession continues to struggle with independence issues when both services are provided. The threats and safeguards approach in the AICPA Code does not seem to have reduced
Audit Firms Should Not Be Allowed to Perform Nonaudit Services for Audit Clients Read More »
Is Free Speech in Jeopardy? What does it mean to “cancel” someone? No, it’s not to cancel a transaction you did online. Today, it means to diminish someone’s significance as an influencer by personal boycott, public shaming, or simply shunning them. We call it the “cancel culture,” or” call-out culture.” Last week, President Obama said,
The Cancel Culture on College Campuses Read More »
Have the Courts Gone Too Far in Protecting Whistleblowers? On January 26, 2018, Charles Matthew Erhart struck a blow for all would-be whistleblowers when he achieved a significant win on a critical challenge that nearly all corporate whistleblowers often face – whether they can use confidential company documents to expose fraud and other illegality. District
Whistleblowers Can Use Confidential Company Documents to Expose Fraud Read More »
Here’s Why Dodd-Frank Worker Retaliation Protections Have Been Turned on Their Head Thinking about blowing the whistle on wrongdoing at your organization? Well, you need to read on because the U.S. Supreme Court ruling on February 21, 2018, in the case Digital Realty Trust, Inc. v. Somers changes the rules of the game. Employees who
Unintended Consequences of Supreme Court Whistleblowing Decision Read More »