December 10, 2019
Companies Less Likely to Do “Big R” Financial Restatements
Back in the early 2000s, seemingly mild-mannered corporate executives such as Kenneth Lay and Bernie...
Category: Accounting
December 5, 2019
Research Says Disclosure Offers Cover for Questionable Accounting
Public financial reporting involves an inherent tension between accurately portraying the condition ...
November 21, 2019
FASB Aims to Ease LIBOR Phaseout
With the London Inter-bank Offered Rate (aka LIBOR) on its way out, U.S. companies are searching for...
October 24, 2019
Is “Transformation” Breeding Suspicion at PCAOB?
We’re hearing quite a bit lately about whistleblowers in the world of politics. Who’s ready for ...
October 22, 2019
FASB Reality Check Produces Delays for New Accounting Standards
The Financial Accounting Standards Board (FASB) has learned some tough lessons in 2019 about the dif...
September 19, 2019
No, Starbucks Is Not in Hot Water With the SEC
Like a perplexed customer who has yet to receive the Salted Caramel Mocha Frappuccino ordered 15 min...