Month: December 2022
SubscribeThe Biggest ESG Stories of 2022
Politicians in the United States have argued about environmental issues for decades, but 2022 will likely go down as the year in which corporate ESG programs became a political football. With all the anticipation surrounding the Securities...
Read MoreFASB Renews Call for Deeper Disclosures on Income Taxes
Is the third time really a charm? That’s the hot question floating around the offices of the Financial Accounting Standards Board in Norwalk, Connecticut, as the group once again pushes for expanding disclosure of corporate income taxes. Th...
Read MoreDepartment of Justice Gets Touchy Over Corporate Enforcement Record
In his 2020 book “Numbers Don’t Lie: 71 Things You Need to Know About the World,” Canadian data scientist Vaclav Smil writes: “Numbers may not lie, but individual perceptions of them differ.” In other words, while hard data itself may be in...
Read MoreSEC Issues New Crypto Guidance in Wake of FTX Mess
This year, cryptocurrency exchange FTX joined companies like Enron and Lehman Brothers on the list of infamous corporate implosions. As Wall Street and legal authorities continue to sort through the rubble, the Securities and Exchange Commi...
Read MoreSEC Digs Deeper on Inflation Impacts
“Inflation is negatively impacting our business.” As the prices of goods and materials continue to rise worldwide, a growing number of companies are adding some variation of this self-evident statement to their mandatory financial reporting...
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