SEC staff members met with the Center for Audit Quality’s SEC Regulations Committee to acknowledge concerns and answer questions associated with new lease accounting rules.
Tammy Whitehouse
Posted inAccounting & Auditing
PCAOB to auditors: better document independence issues
The Public Company Accounting Oversight Board issued guidance to auditors to explain how they should handle communication with audit committees under Rule 3526.
Posted inAccounting & Auditing
Bricker resigns chief accountant post at SEC
Wes Bricker, chief accountant at the Securities and Exchange Commission, is leaving his post in June, to be succeeded by Sagar Teotia as acting chief accountant.
Posted inAccounting & Auditing
SEC eyeing non-GAAP numbers that alter GAAP
SEC staff members are signaling to public companies that they still have concerns over uses of non-GAAP measures that seem to thumb their nose at GAAP.
Posted inAccounting & Auditing
New bill sits on Senate agenda to block, study CECL
A new bill intended to block CECL is awaiting action in the Senate Banking Committee, much to the delight of big banks.
Posted inAccounting & Auditing
SEC focus: Reduce burden while protecting investors
The SEC has stuck to its promise to focus on initiatives that can improve capital formation and lighten the regulatory burden.
Posted inAccounting & Auditing
GE shareholders still want new auditor, vote suggests
While the rancor appears to have softened a bit, General Electric shareholders are still signaling to the audit committee that they want a new auditor.
Posted inCulture
Six strategies to win more resources for compliance
Getting resources to fund and execute important compliance initiatives takes some carefully crafted strategy, said compliance expert Kristy Grant-Hart during an inspirational keynote at Compliance Week’s annual conference.
Posted inEthics & Culture
Inside look at compliance challenges of Trump White House
Establishing compliance and ethics under the Trump administration provided valuable lessons on dealing with media and preparing for crises, said Compliance Week annual conference keynote Stefan Passantino.
Posted inInternal Controls
Compliance pioneer defines the future path of profession
Compliance functions of the future need to better use data, measure outcomes, and deal with differing views on what constitutes good ethics, says expert Hui Chen.
