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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
IASB Issues New Rules on Financial Instruments; FASB Readies Different Approach
Companies following international accounting rules have a new standard on how to account for financial instruments, and it differs in a number of important ways from the standard that is expected to emerge in the United States by the end of the year.
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New Accounting Standard Provides a Host of Potential Changes for Financial Reporting
Accounting Standards Update No. 2016-01 is here, and its impact on how to classify and measure financial instruments will mean different things to different companies, especially when it comes to setting valuation. But with a lack of universal impact, this update will require everyone to take a look at their ...
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Recognize the Big Standards’ Changes
The auditing and financial reporting world will spend lots of 2015 preparing for the new revenue recognition standard going into effect by 2017—but from leasing to going concern warnings to IFRS adoption in the United States, plenty of other major changes may arrive as well. “Folks have come to see ...
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AnalysisA lot of us are misusing AI at work, and it’s putting our companies’ data, reputations at risk
Almost half of employees in a new global survey admitted to improperly using AI at work, underscoring the risks companies face by the fast-growing technology. And that’s despite many of their efforts to slow its use.