Marketing
fromForbes
11 hours agoHow To Serve Clients Amid Board Scrutiny And Investor Activism
Agency conversations with executives now focus on measurable business impact rather than just creative output.
Reifschneider said he tries to think about a moment when he helped someone, even if it's something mundane like pulling up behind a driver who ran out of gas. He's encouraged his fellow police officers to also reflect on a good deed.
"Over 50 per cent of this year's growth was driven by municipalities, which includes local police and fire services whose work continues to protect Ontario communities."
Mamdani stated that the City Council's budget strategy effectively ensures this structural deficit will continue indefinitely, impacting vital city services and failing to solve deep financial problems.
"The administration is putting more of a thumb on the scale of CIGIE," said Faith Williams, the director of the Effective and Accountable Government Program at the Project on Government Oversight nonprofit.
Sheryl Davis is accused of steering millions of dollars to Collective Impact, a San Francisco-based nonprofit she previously ran as executive director, according to a criminal complaint filed Monday by the San Francisco District Attorney's Office.
Among the 189 CDO and other data leader respondents to the annual survey conducted by the nonprofit, nonpartisan Data Foundation, about 40% said they had lost six or more employees last year.
John Kaehny has written and successfully lobbied for the passage of state and New York City laws related to government transparency and accountability, including the first open data law in the world in 2012.
Doing so has failed to prioritize agency internal control processes to adequately protect American taxpayer dollars, leading to documented examples of widespread abuse. Prior versions of OMB's guidance have overly deferred to the direction and priorities of external entities whose views are not binding on the Executive Branch, such as the Government Accountability Office.
The escalation came about 15 months after nearly 72 percent of Massachusetts voters approved of a ballot measure specifying that the state auditor has the authority to audit the Legislature. DiZoglio sued legislative leaders earlier this month, asking a single justice of the Supreme Judicial Court to compel the lawmakers to comply with an audit.
The accounting watchdog said that, although there had been no new financial issues, it "disclaimed" the college's latest 2024-25 accounts because of the continuing "fallout" from financial reporting problems that resulted from a problematic IT project. "We were not able to provide a complete opinion on the opening position or in-year transactions for 2024-25, both of which are heavily derived from the closing position of the prior year," it added.
Dear Transparency-Committed Reader, You're not alone. So many of us want decision-making to reflect our collective values (like transparency, care, and shared power), but it's hard to actually put those values into practice. That gap between what we believe and how we decide can be frustrating. And getting stuck in the process is a common concern I hear from groups. I am happy to share, though, that decision-making doesn't have to be a nightmare.
As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent directors, particularly for audit committees, because of their ability to translate complex operational and financial realities into effective oversight.For example, this month, J. Michael Hansen, former EVP and CFO of Cintas Corporation, was appointed to the audit committee at Paychex.
ADM announced on Tuesday that it has entered into a settlement agreement with the U.S. Securities and Exchange Commission (SEC) to resolve its investigation into ADM's prior reporting of inter-segment sales, without admitting or denying any wrongdoing. As part of the settlement, ADM agreed to pay a $40 million penalty. According to the SEC, ADM engaged in years of profit-shifting that made its star nutrition segment appear to meet ambitious growth targets, even as demand softened and margins declined.
City law requires the council to approve all contracts above $250,000. But Oakland's city administrator, Jestin Johnson, has the power to issue contracts up to that amount without informing the council and the public. The mandatory annual report is meant to provide transparency into these purchases. The report also requires Johnson and his team to explain if any contracts were issued without a competitive bidding process, and how many awards went to local businesses.
The Department of Defense, which was recently authorized to receive a new annual budget of nearly $840 billion a year and could see a substantial increase to $1.5 trillion under the current Trump administration, has consistently failed to pass an audit since audits became legally required for the military in 2018. Pentagon officials hope the military can get its books in order across the services and pass one by 2028.
In this new season, I'm asking how the Trump White House is rewriting the rules of U.S. politics, and talking to Americans whose lives have been changed as a result. Today's episode examines the destruction of the civil service: the removal of professionals, and their replacement with loyalists. I've seen this kind of transformation before, in other failing democracies. Everyone suffers from the degradation of public services.
Under Executive Order 12, according to a press statement from the city, each agency will now have five days to appoint an existing senior employee as Chief Savings Officer and grant them the relevant staff and information. This employee will have 45 days to complete a comprehensive assessment of their agency's spending, analyzing the most expensive programs to understand major drivers of cost, as well as the highest-performing programs, to try to replicate successes.