Photograph of skyscrapers with glass windows from the ground facing up to a blue sky

Tag: sec

A puddle drains at sunset

New Quality Standard Heightens Fears of Accounting Brain Drain

A puddle drains at sunset

Fans of Christian Wolff rejoiced earlier this year when news broke that filming had started for the latest installment of the adventures of the autistic CPA and mercenary do-gooder portrayed by Ben Affleck. Nine years after The Accountant f...

Read More
broom sweeping cash into dust pail

Lawsuits Renew Scrutiny of Big Banks’ Deceptive Practices on Cash Sweep Accounts

broom sweeping cash into dust pail

Following a steady stream of accusations that big banks like JPMorgan Chase and Wells Fargo have deceived and cheated investors for years, recent lawsuits are shining a light on how banks secretly manage – or mismanage – so-called cash swee...

Read More
kid toughing it out on monkey bars

SEC Approves Tougher Standards for Auditor Liability

kid toughing it out on monkey bars

The Securities and Exchange Commission has approved a proposal from the Public Company Accounting Oversight Board intended to make it easier for the regulatory agency to hold an individual responsible when that person “directly and substant...

Read More
Child with megaphone

Delta Loudly Leads Companies Smarting from CrowdStrike Outage

Child with megaphone

July 19, 2024, will forever be known around Times Square as the day the digital ads died. No matter where they went, tourists were haunted by blank video screens where images of the latest blockbuster movies and skincare products once illum...

Read More
Colorful jet streams during air show

Companies Going Above and Beyond Clawback Requirements

Colorful jet streams during air show

When it comes to compensation clawbacks, many corporate executives are discovering their own employers have even stricter standards than required by the federal government. In an analysis of 2024 proxy filings, consulting firm FW Cook found...

Read More