- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
As part of its effort to improve disclosure requirements, FASB is proposing new disclosure provisions around fair-value measurements to make fair-value disclosures more meaningful to investors. The proposal says entities would provide required disclosures if they are material, and would remove phrases such as “an entity shall disclose at a ...
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Companies need to update their disclosure controls and procedures now that the SEC and FASB are starting to trim unnecessary bulk out of disclosure requirements.
A company culture geared to “win business at any cost” encouraged employees of New York-based aerospace manufacturer Moog to pay bribes in India to win contracts, the Securities and Exchange Commission alleged.
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