SEC
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New XBRL GAAP Pension Analysis Tool Finds Errors in SEC Filings
XBRL US has announced the publication of its new online US GAAP Pension Analyzer. The tool is available for free to public company reporting managers that runs a set of rules against the pension disclosure within an XBRL-formatted financial statement. XBRL US is the nonprofit consortium for XBRL reporting in the US.
FASB Offers New Guidance for Reporting on Discontinued Operations
The Financial Accounting Standards Board (FASB) has issued new guidance that improves U.S. Generally Accepted Accounting Principles (GAAP) by more faithfully representing when a company or other organization discontinues its operations.
Study Says Many CEOs are Too Friendly with Audit Committees, Urges SEC Action
A decade after scandals at Enron, Worldcom, and other companies dramatized the need for improved corporate financial monitoring, this critical regulatory challenge remains in essential ways unmet, new research suggests.
KPMG Works With NYSE to Produce New IPO Guide
Offers C-Level Executives Considering an IPO Insight on Compliance and Regulatory Requirements
SEC charges city of Miami with civil securities fraud
The U.S. Securities and Exchange Commission on Friday accused the city of Miami and its former budget director of playing financial "shell games" with city bank accounts, charging them with civil securities fraud for allegedly misrepresenting city finances to bond investors.
Algae bio-fuel firm engages Silberstein, Ungar, PLLC as external auditor
Sloud, Inc. has announced it has retained Silberstein, Ungar PLLC as the company's external auditor.
SEC charges Pennsylvania city with securities fraud
Federal regulators have accused fiscally beleaguered Harrisburg, Pa., of issuing misleading financial statements in what marks the second time just this year that a municipality or state has been charged with securities fraud.
SEC continues probe of suspicious trading of H.J. Heinz stock, Swiss account
SEC has a lot to sort out in the H.J. Heinz Co. investigation