“I don’t think the SEC’s culture is one that will make this effective one iota,” said Sherron Watkins, a one-time vice president at Enron, referring to expanded protections for whistleblowers included in the Dodd-Frank financial reform law. If she was in the same situation today as 10 years ago, when Watkins approached government authorities about accounting fraud at Enron, she would probably instead take her information to an organization like WikiLeaks, Watkins said. [Paper Trail]
Related Posts
Tim Ryan Isn’t Worried About Poaching at PwC Because of Heart or Something
“We spend about half a billion dollars a year on upskilling our employees. A big […]
This Fall, It’s Do or Die for Accounting Rule Convergence
“If we can’t get converged (on financial instruments), it would suggest the convergence effort is going to be challenged and questioned on a significant basis.”
~ FASB member Tom Linsmeier levels with everyone on the FASB’s big test in the convergence process this fall.
Deloitte Consulting Is Irresponsible, Lacks Integrity, and Is Unreliable, Says Accenture
“[The Florida Agency for Health Care Administration] ignored information that, by its nature, would be […]