Five Key Things the SEC Wants Audit Committees to Know
Officials from the Securities and Exchange Commission gave public companies a belated Christmas gift on December 30, offering insights into their thou...
The Year in Review: Accounting and Auditing
What a year. In 2019, we cheered as the U.S. captured another title in the women’s World Cup, watched in horror as Notre Dame burned, and, at long l...
Ghost of Revenue Past Haunts Issuers, SEC
Ebenezer Scrooge had a hard time reckoning with the ghost of Christmas past. This holiday season, a different but equally vexing demon is haunting pub...
Companies Enlist Media to Avoid Gag on Non-GAAP Earnings
It’s like the old problem of the tree falling in the forest: if your positive earnings never get reported to the public, did they even make a sound?...
Governance Advocates Looking to Close GAAP in CEO Pay Calculations
A company underperforms. Its stock price tanks. The CEO collects a big payday.
It’s far from a unique story in Corporate America. Some stakeholde...
Digging Deeper on Revenue Recognition
Earlier this week, we released a report on the monumentally important changes to accounting standards for the recognition of revenue from customer con...