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Category: Accounting

Formal audit inspection of a man in suit with gloves

Breaking Down the PCAOB’s Five-Year Strategic Plan

Formal audit inspection of a man in suit with gloves

Since Erica Williams became chair of the Public Company Accounting Oversight Board in January, the organization has taken a proactive stance towards its mission of holding corporate auditors accountable. To that end, the PCAOB released what...

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Traditional computing via abacus meets corporate accountability

U.S. and China Finally Have an Audit Agreement, or Do They?

Traditional computing via abacus meets corporate accountability

If you’re confused about where things stand in the squabble between U.S. regulators and Chinese authorities over auditing standards, you’re probably not alone. About a year ago, Securities and Exchange Commission Chair Gary Gensler sounded...

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Frosted leaf symbolizing frozen accountability for foreign companies

Chinese Companies Delist from U.S. Exchange as Audit Conflict Persists

Frosted leaf symbolizing frozen accountability for foreign companies

Hundreds of thousands of people from the United States travel to Taiwan in any given year, according to the island nation’s tourism bureau. For the average U.S. tourist, a stopover there during a tour of Asian countries wouldn’t seem unusua...

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People celebrating with hands raised

Sarbanes-Oxley Turns 20

People celebrating with hands raised

Audiences were packing multiplexes across the country to see “Spider-Man” – the Tobey Maguire one, not Tom Holland’s subsequent version. Temperatures were rising outside and in the dance clubs, courtesy of rapper Nelly and his chart-topping...

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Boxes in various sizes for supply chain financing.

FASB Endorses New Disclosures for Supply-Chain Financing

Boxes in various sizes for supply chain financing.

Since the onset of the COVID-19 pandemic in 2020, companies and their vendors have needed creative solutions to keep supply chains moving. One solution that has become increasingly popular involves third-party financing for companies’ purch...

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