Category: Rules & Regs
SubscribeNew Quality Standard Heightens Fears of Accounting Brain Drain
Fans of Christian Wolff rejoiced earlier this year when news broke that filming had started for the latest installment of the adventures of the autistic CPA and mercenary do-gooder portrayed by Ben Affleck. Nine years after The Accountant f...
Read MoreConsensus Yet to Form on California’s Approach to AI Regulation
The state of California tends to lead the way in applying progressive policies to emerging business issues, so should come as no surprise that lawmakers in the Golden State are trying to address some of the landmines around artificial intel...
Read MoreSEC Approves Tougher Standards for Auditor Liability
The Securities and Exchange Commission has approved a proposal from the Public Company Accounting Oversight Board intended to make it easier for the regulatory agency to hold an individual responsible when that person “directly and substant...
Read MoreCompanies Going Above and Beyond Clawback Requirements
When it comes to compensation clawbacks, many corporate executives are discovering their own employers have even stricter standards than required by the federal government. In an analysis of 2024 proxy filings, consulting firm FW Cook found...
Read MoreDems Join Crusade to Overturn Contentious SEC Crypto Accounting Guidance
Several House Democrats have thrown their support behind a congressional effort to overturn controversial accounting guidance that affects how regulated banking organizations account for and safeguard their customers’ digital assets. The de...
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