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The current comptroller, Thomas P. DiNapoli, has pledged to revamp oversight practices in his office.
Parties should commit to ending the cycle of rushed outsourcing, neglectful oversight practices and inadequate transparency.
The candidate should become familiar and comfortable with the company's compliance and oversight practices.
Corporate oversight practices (investigation, estimation) are shaped by the regulations surrounding contingent liability disclosure.
But a shorter companion report prepared by a board review committee holds many lessons for corporate boards on risk oversight practices.
New rules and stricter oversight practices in the financial industry have translated into higher governance requirements and expectations for European banks' boards of directors and senior management.
Similar(44)
The exigencies of the Iraq drawdown and the Defense-to-State hand-off aggravate the problems already created by the scale of PSC use, including the loose PSC oversight practiced by USAID.
More critically, as control of AIG shifted hands, vital risk-oversight practices waned.
Effective assessments should look at ways to enhance board dynamics, composition, oversight and practices.
"Absent effective oversight, these practices will become more widespread in the future," the staff added.
While many major retailers have made commitments to sustainable seafood, these pledges only go so far: without ongoing oversight of practices before the product gets into their hands, the complex and fragmented supply chains involved in sea food delivery can mask bad practices -- ranging from slave labor to harmful fishing practices -- with devastating consequences.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com