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| Study: Ethics Training Absent in Two-Thirds of Companies |
 Formal ethics training in the form of seminars, continuing education or workshops are not being offered to corporate communication professionals, according to a global survey, "The Business of Truth: A Guide to Ethical Communication."
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| In the News |
Director Pay Rises More Slowly in 2005
Pay to corporate directors grew last year at a slower rate than in 2004 as boards absorbed rules changes brought about by accounting scandals, a new study shows.
Stewart to Pay to Settle SEC Charges
Homemaking diva Martha Stewart will pay about $195,000 and cannot serve as the director of a public company for five years under an SEC settlement on civil insider trading charges.
PCAOB Issues Alert to Auditors on Backdating
The oversight board's first-ever "audit practice alert" warns auditors to "be alert to the risk that the issuer may not have properly accounted for stock options, and as a result, may have materially misstated its financial statements."
Former Qwest CFO Spared Prison Time
After issuing a tearful apology for an "error in judgment," former Qwest finance chief Robin Szeliga was sentenced to two years' probation, six months of home detention and a $250,000 fine for insider trading during the company's multibillion-dollar accounting scandal.
Audit Committees Refocus Their Agendas
Many audit committee members believe some specific issues and processes could be improved, including oversight of accounting judgments and estimates, risk management, and agenda-setting.
Study: Ethical Business Practices Tied to Financial Performance
Life insurance and annuity companies that demonstrate a real, ongoing commitment to ethical business practices show better financial performance and more satisfied customers, according to a new report.
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| Spotlight |
You're Invited to Attend a FREE Webinar:
How to Create an Ethical Culture
Tuesday, Sept. 19, at 1 pm EDT
Hosted by David Gebler, President, Working Values
Join David Gebler, Working Values' president, to discuss why organizations seeking to reduce the risk of illegal or unethical conduct need to understand why good people can be pressured to do bad things. Seats are limited - register today. | |
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About Working Values
Working Values, Ltd., a SmartPros company, has earned a reputation as a worldwide leader in helping organizations align workplace behavior with their values and standards. We take clients beyond generic compliance to create ethics initiatives that address their unique cultural attributes. The results are learning and communication programs that are meaningful to employees' daily lives, and result in meaningful changes to the organization and how others regard it.
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Peggy Jackson explains how to blend SOX requirements into the nonprofit organization.