Accounting November 7, 2022
Supreme Court Mulls Allowing Court Challenges to SEC and FTC
A ruling against the government could undercut two of the most powerful federal regulators in the U.S.
Accounting October 27, 2022
Executive-Bonus Clawbacks Get Long-Delayed Approval From SEC
Under the new rule, pay would be returned if tied to a firm’s financial reporting error.
Auditing October 24, 2022
Ex-PwC Auditor in SEC’s Crosshairs as Mattel Will Pay $3.5 Million Over Accounting Errors
Joshua Abrahams is accused of breaking auditor independence rules in PwC’s audit of the toy-making giant.
Digital Currency October 24, 2022
Crypto is More Attractive as SEC Gets Aggressive, Investors Say
Bitcoin will trade between $17,600 and $25,000 until the end of this year, survey of market participants shows.
Accounting October 20, 2022
Companies Issue Unrelated News When SEC 8-K Disclosure Has Bad News, Study Finds
Companies that file a form 8-K containing negative info are 7% more likely to concurrently issue a press release with good news.
Accounting October 3, 2022
Ex-EY Director Agrees to Pay SEC $23,900 to Settle Insider Trading Charges
Michael Weiss bought clients’ shares ahead of earnings and acquisitions announcements on four separate occasions.
Digital Currency October 3, 2022
Kim Kardashian to Pay $1.26M for Crypto Promotion to Settle SEC Allegations
Monday’s settlement says she got $250,000 for posting about EMAX tokens on her popular Instagram account.
Auditing October 3, 2022
SEC Punishes RSM US for Shoddy Auditing of an LED Lighting Company
The SEC also charged two partners, as well as a senior audit manager, for their roles in the improper audits.
Accounting September 28, 2022
EY Report Shows Businesses Improving on Climate Disclosure, but Lagging on Decarbonization
Almost half of organizations surveyed globally (49%) responded that they have conducted scenario analysis – which is also a TCFD recommendation ...
June 14, 2022
SEC Stays Busy Cranking Out Proposed ESG Investment Fund Rules
The proposed rules, issued by the SEC on May 25, are intended to provide consistent requirements for ESG disclosures, while the other would modernize and expand the SEC’s Names Rule that covers fund names.
November 19, 2014
CPAs and Auditors Alerted to New SEC Rules on Financial Statements and A&A Engagements
The alert outlines rules applicable to financial statement audit and attestation engagements undertaken for non-issuers.
October 20, 2014
James Brown, CPA, Honored for Long Service to Accounting Profession
Indiana Certified Public Accountant (CPA) James L. Brown has been named the winner of this year's Sustained Contribution Award by the American Institute of CPAs (AICPA). The award recognizes members who have contributed measurably to the AICPA ...