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Category: Consulting

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Back to the Ledger: The SEC Stands Up a Dedicated Accounting Fraud Unit

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The SEC has created dedicated accounting-fraud teams before. It did so in 2013 with a Financial Reporting and Audit Task Force, and again this past spring with a “SOX group” that arrived with little more fanfare than a pair of job listings....

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Companies Take Different Routes on Tariff Adjustments to Exec Pay

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Tariffs didn’t just hit company earnings last year. They also hit the performance metrics that determine executive bonuses. This has forced compensation committees to make uncomfortable calls about whether to ignore the impact of tariffs in...

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Guidance “Resets” Gain Momentum in Corporate America

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Although most consumers don’t know what Fiserv is, the chances are good that they’ve used its financial technology. The company processes payments on everything from pumps at gas stations to ride-sharing apps. Investors, however, may know F...

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Southwest Airlines Makes Concessions to Thwart Proxy War

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Southwest Airlines has long cherished its reputation for doing air travel differently than other major characters. Among its most famous quirks, Southwest has been known for its open-seating policy. Loved by some travelers and reviled by ot...

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Split with EY the Latest Bad News for Super Micro

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Accounting giant Ernst & Young recently took the extraordinary step of firing one of its clients, Super Micro Computer. A public filing last week by the California-based maker of computer servers revealed EY used remarkably strong langu...

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