The Securities and Exchange Commission (“SEC”) released Staff Accounting Bulletin No. 121 (“SAB 121”) 1 on March 31, 2022. SAB 121 provides SEC staff’s views regarding accounting treatment of ...

Companies are urged to prioritize timely and comprehensive financial disclosure, cooperation, and rebuilding accounts in cases of accounting fraud to avoid enforcement actions and negative market ...

Code Section 7216 governs the disclosure and use of tax return information by tax return preparers. Late last year, in Notice 2005-93, the Internal Revenue Service issued a proposed revenue procedure ...

The SEC has adopted amendments to the financial disclosure requirements in Regulation S-X for acquisitions and dispositions of businesses. When a registrant acquires a significant business, other than ...

The recent report out of Tether regarding the reserves behind USDT once again highlights the importance – and need – for crypto specific accounting, reporting, and disclosure standards. Stablecoins ...

The CFA Institute released the results Tuesday of a global survey of investment professionals on accounting for goodwill, related disclosures, and how those issues are affecting analysis and ...

A measure signed by President Bush last week that toughens corporate accounting laws left out a controversial proposal that would have required companies to increase disclosure of their charitable ...

WASHINGTON (Reuters) - The Securities and Exchange Commission plans to propose new mutual fund disclosure rules and will vote on whether to adopt new international accounting rules for foreign ...

Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.” United States companies that safeguard their ...

RESTON, Va.--(BUSINESS WIRE)--What keeps auditors up at night? Well, as public companies begin testing the implementation of new critical audit matters (CAM) requirements, we are starting to find out.