ZCCI In The Media
Accounting Today covers Corporate Communication International and Robert Zicklin Center for Corporate Integrity's 5th Annual Symposium on Sustainable Business - Profits and Politics: Sustainability and the Global Corporation.
Public Company Accounting Oversight Board chairman James Doty told an audience of auditors that the public is expecting more from the audit profession and warned firms against skimping on audit quality.
Donald H. Schepers, PhD., Associate Dean of the Zicklin School of Business and Professor of Management at Baruch College has been named by Trust Across America (TAA) as one of 2013's Top 100 Thought Leaders in Trustworthy Business Behavior. According to TAA, the people selected collectively represent a group that can genuinely transform the way organizations do business.
GreenBiz.com covers RZCCI's program Green Gamification: Combining Social Media & Game Mechanics to Promote Sustainability.
CFO.com covers Robert Zicklin Center's XBRL and Financial Analysis Technology Conference.
Almost all the news about the US debt since my talk in February has been, to my mind, not good. The excellent recommendations put forth by the Deficit Commission that President Obama had convened last year were best characterized by one of the commissioners as "beyond what's politically possible and short of what's economically necessary."
Catch ZCCI and Baruch College on WLIW21 on Thursday July 7th at 7:00 p.m. and Thursday July 14th at 5:00 a.m. or on Channel 13 Saturday July 16th at 1:00 p.m. and Sunday July 17th at 11:30 p.m.
The New York State Society of Certified Public Accountants Trusted Professional covers Baruch College's 9th Annual Financial Reporting Conference on April 29, 2010.
"A Brief History of Scandal” is an abbreviated version of the popular NYU Stern School class taught by Marc Hodak. Hear the amazing stories of great scandals from the railroads and Robber Barons up to Enron and Madoff, and what lessons they still teach us. Discover why business scandals tend to proliferate during economic downturns, and how history repeats itself. This program is sponsored by the CEO Trust in partnership with the Robert Zicklin Center for Corporate Integrity.
The conference provided a forum for interaction between business, public accounting, academics, and policy setters from the American Institute of Certified Public Accountants (AICPA), the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB).
New regulatory initiatives place a high priority on the importance of accurate and transparent corporate reporting. Will accurate, transparent business reporting restore investor confidence and provide the information required to make informed decisions? How will non-financial value drivers effect the future of corporate reporting? Will eXtensible Business Reporting Language (XBRL) allow investors and analysts to compare corporate SEC filings across industry groups?
A group of prominent attorneys came together to face hard-hitting questions posed by panel moderator Gregory P. Joseph. The panel addressed the following topics: How much deterrence is too much? Is the government overreaching? The liability of Gatekeepers (accountants, lawyers and bankers). Can accounting firms be held liable without threatening their existence? The liability of directors and corporations. Criminal penalties. Where should the money go?
Morning Program - The Accounting Review Article of the Year 2004 Baruch Lev of New York University and Doron Nissim of Columbia University will present the results of their paper, "Taxable Income, Future Earnings, and Equity Values." The co-authors will be presented with The Stan Ross Department of Accountancy Prize for Outstanding Academic Contribution to Practice. The co-authors will be joined by a panel of financial executives and regulators to discuss its findings and implications to practice. Afternoon Program - Sarbanes-Oxley Act Compliance: Costs and Benefits Financial executives, academics and regulators will discuss the impact of Sarbanes-Oxley. Findings from FERF’s report titled Sarbanes-Oxley Section 404 Implementation: Practices of Leading Companies will also be featured
Sarbanes-Oxley 2002 (SOX), coupled with changes in NYSE registration requirements, have imposed stricter requirements for more independent governance on publicly traded American companies. Hedge Funds trade on improvements in corporate governance. Yet academics and journalists debate the economic impact of governance. Some of the questions this panel addressed follow: What is "good governance"? What are the two or three indicators of good or bad governance? Are there “red flags” for poor governance? Do companies that have independent governance structures have higher stock prices or lower cost of debt? Do portfolio managers prefer companies with more independent governance structures? Is there a lower "headline risk" for better-governed firms? Can badly governed firms do well in the short run? Long run? What are the benefits and costs of separating management from governance? Are boards still too dependent on management? Do investors expect too much from boards? Can there be too much governance? Does "good governance" vary in different parts of the world? Is it valued differently in other parts of the world?
Former top-rated telecom analyst Dan Reingold presented a candid look at the major ethical issues facing today's financial markets. Specifically, he addressed the role of insider trading and corporate fraud on Wall Street and examined how these forces can distort markets and cheat the majority of investors. Mr. Reingold also discussed policy recommendations aimed at raising the level of integrity in financial markets.
XBRL promises to be a once in a career leap forward in financial reporting that will enable much more timely, efficient, accurate, less costly and comprehensive financial analysis than ever before available. XBRL, or eXtensible Business Reporting Language, is an XML-based format for the electronic communication of business information that individually "tags" the content of reports to allow for hyper-detailed automated analysis and comparison of financial reports without the need for re-keying of information. It has been adopted by the FDIC and by the SEC in a voluntary trial program for filings to the EDGAR system.
In an effort to address the humanitarian needs of the Iraqi people while maintaining sanctions against the regime, the United Nations established the Oil-for-Food Programme. Although initially viewed as temporary, the Programme lasted for seven years and comprised more than $100 billion in oil and humanitarian goods transactions. As now well chronicled, the Programme became riddled with fraud. Saddam Hussein ultimately turned the Programme to his own advantage, extracting surcharges and kickbacks from companies doing business under the Programme.
Chris Glorioso of NBCNY investigation into personal investment of Congress featuring Robert Zicklin Center for Corporate Integrity Director Professor Donald Schepers