
Author: Mark Olsen
SubscribeNo CAM Do: Fewer Critical Audit Matters Appearing in Reports
Auditors are identifying fewer critical audit matters in the typical audit report, according to an analysis from the Public Company Accounting Oversight Board. At the same time, PCAOB also found that the number of audit reports communicatin...
Read MoreDepartment of Justice Gets Touchy Over Corporate Enforcement Record
In his 2020 book “Numbers Don’t Lie: 71 Things You Need to Know About the World,” Canadian data scientist Vaclav Smil writes: “Numbers may not lie, but individual perceptions of them differ.” In other words, while hard data itself may be in...
Read More‘Deterrence’ is the SEC’s New Buzzword
Securities and Exchange Commission Chair Gary Gensler has made enforcement a well-publicized priority of his tenure. A new point of emphasis, deterrence, has apparently spun off from those efforts to show the business world the financial co...
Read MoreAre Corporate Climate Change Programs Doing Any Good?
The broad-based commitment to fighting climate change has become one of the dominant themes in the global business community. But what if all the promises about carbon emissions and breathless reports of progress on climate-related goals ar...
Read MoreSEC Unveils Compensation Clawback Rules
The Securities and Exchange Commission has issued its long-awaited rules on clawbacks for executive bonuses based on mistakes in financial reporting. Long-awaited by everyone except corporate executives, of course. The SEC first proposed ru...
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