Latest Internal control Stories
GREENSBORO, N.C., Nov. 9, 2010 /PRNewswire/ -- APEX Analytix, a global leader in software and services that safeguard disbursements, reduce risks and improve performance across the procure-to-pay cycle, today announced that John Brocar has been named vice president of fraud risk solutions. Brocar is a widely recognized expert in fraud detection and prevention. He comes to APEX Analytix from Kroll, a global risk consulting company, where he was an associate managing director and national...
HARBIN, China, Oct. 5 /PRNewswire-Asia-FirstCall/ -- China XD Plastics Company Limited ("China XD Plastics" or the "Company"), (NasdaqGM: CXDC), a leading Chinese developer, manufacturer, and distributor of modified plastics primarily for use in automotive applications in China, announced today that it has engaged Deloitte Touche Tohmatsu (referred to as "Deloitte") to assist it in complying with the requirements of Section 404 of the Sarbanes-Oxley Act ("SOX 404") by examining the design...
HARBIN, China and NEW YORK, Sept. 22 /PRNewswire-Asia-FirstCall/ -- China North East Petroleum Holdings Ltd. (the "Company" or "NEP") (NYSE Amex: NEP), a leading independent oil producer and oilfield services company in Northern China, today announced that it has engaged Ernst & Young (China) Advisory Ltd. ("Ernst & Young" or "E&Y") to assist the Company to comply with the requirements of Section 404 of the Sarbanes-Oxley Act Section of 2002 ("SOX 404"). Ernst &...
FUZHOU, China, Sept. 17 /PRNewswire-Asia-FirstCall/ -- China Yida Holding Company (Nasdaq: CNYD) ("China Yida" or the "Company"), a leading diversified entertainment enterprise in China, today announced it has retained SEC AuditPrep Limited ("SEC AuditPrep") to assist the Company in the implementation of Sarbanes-Oxley Section 404 ("SOX 404") compliance effective on September 13, 2010. (Logo: http://photos.prnewswire.com/prnh/20091012/CNM039LOGO ) (Logo:...
ARMONK, N.Y. and WALTHAM, Mass., Sept. 15 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) today announced a definitive agreement to acquire OpenPages, a privately-held company based in Waltham, MA. OpenPages provides software that helps companies more easily identify and manage risk and compliance activities across the enterprise through a single management system. Financial terms were not disclosed. (Photo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) (Photo:...
NEW YORK and SHANDONG, China, Sept. 10 /PRNewswire-Asia-FirstCall/ -- Gulf Resources, Inc. (Nasdaq: GFRE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company has engaged Deloitte Touche Tohmatsu ("Deloitte") to perform an independent assessment over the Company's internal controls. The objective of Deloitte's engagement is to assist the Company with an independent assessment of...
BOCA RATON, Fla., Aug. 31 /PRNewswire/ -- Host.net today announced that it has received its third consecutive annual SAS 70 Type II certification, providing security and operational assurances to its colocation and virtual private data center (vPDC) clients. The audit also confirmed that Host.net is prepared to transition to SSAE 16, a new global standard that will supersede SAS 70 next June. SAS 70 Type II certification of a facility's infrastructure requires a comprehensive evaluation of...
VANCOUVER, Aug. 18 /PRNewswire-FirstCall/ - PEER 1 Hosting (TSX:PIX), a global online IT hosting provider, today announced it has successfully completed two independent audits of its selected controls, processes and procedures in compliance with the American Institute of Certified Public Accountants' (AICPA) Statement on Auditing Standards (SAS) # 70 for service organizations and the Canadian Institute of Chartered Accountants (CICA) Section 5970 for the period from January 1, 2010 through...
MORRISVILLE, N.C., Aug. 11 /PRNewswire-FirstCall/ -- Alliance One International, Inc. (NYSE: AOI) today announced that the Company has reached settlements with the Securities and Exchange Commission ("SEC") and the Department of Justice ("DOJ"), concluding investigations of the Company relating to alleged violations of the Foreign Corrupt Practices Act ("FCPA") that occurred prior to the merger that formed the Company in May, 2005. Although, the settlements with both the SEC and the DOJ...
GREENSBORO, N.C., July 22 /PRNewswire/ -- Executives at APEX Analytix are applauding passage of the Improper Payments Elimination and Recovery Act of 2010 (S1508) - legislation that places a newfound emphasis on auditing the payments the federal government makes to its vendors. APEX Analytix is a global leader in software and services to safeguard disbursements, identify fraud, waste and abuse, and improve performance throughout the full lifecycle of the government contracting process....
