Wednesday Jul 16
Experian under fire over corporate governance
The credit checking company Experian was under fire on Tuesday for promoting its chief executive, Don Robert, to chairman in a move that contravenes City corporate governance codes.
Ernst & Young Settles SEC Charges for $4 Million for Lobbying
Ernst & Young has agreed to pay $4 million to settle charges brought by the Securities and Exchange Commission accusing the firm of violating auditor independence rules by lobbying congressional staff on behalf of two auditing clients.
The New Zealand Herald
Directors charged for financial reporting lapses
Seven directors of eight companies that raise funds from the public have been charged by market regulators for allegedly breaching the Financial Reporting Act.
The Globe and Mail
Mixed-sex boards are better governed, study shows
The decline in diversity comes as boards have faced particularly broad pressure to bolster the number of women in their ranks.
Munger's Daily Journal Dismisses Accountant After Clash
Daily Journal Corp. , the California publisher that counts billionaire Charles Munger as chairman, dismissed Ernst & Young LLP after the auditor faulted the company's accounting.