How a firm structures its compensation and incentives schemes must be aligned with its culture.
Observations
May 08, 2023A recent study by researchers at the University of Kansas and Colorado State University found that audit partners who issue adverse opinions are more likely to be removed from continuing engagements, which can result in unfavorable changes to their client portfolios, lower fees, and less prestigious assignments.
Observations
Sep 16, 2022In her remarks yesterday at New York University Law School, US Deputy Attorney General Lisa Monaco laid out the Department of Justice's (DOJ) plans for corporate criminal enforcement, as established in an accompanying memo. Monaco's speech touched on five main topics: individual accountability, corporate recidivism, voluntary self-disclosure, compliance resourcing, and corporate culture.
