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Five Key Things the SEC Wants Audit Committees to Know

Five Key Things the SEC Wants Audit Committees to Know

Five Key Things the SEC Wants Audit Committees to Know

Officials from the Securities and Exchange Commission gave public companies a belated Christmas gift on December 30, offering insights into their thoughts on a range of accounting issues. Commission officials have dropped hints about their...

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Carton of eggs with one cracked

Companies Less Likely to Do “Big R” Financial Restatements

Carton of eggs with one cracked

Back in the early 2000s, seemingly mild-mannered corporate executives such as Kenneth Lay and Bernie Ebbers came to be known as some of the world’s most notorious supervillains. They weren’t hatching elaborate, cinema-style plots to achieve...

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woman dips toe in water

“Test-the-Waters” Rule Lets Companies Dip a Toe in IPOs

woman dips toe in water

It has been a rough year for IPOs, as highly touted offerings keep flopping. Ride-sharing service Uber Technologies Inc. has seen its stock price fall more than 30% from the time it went public in May. The stock of Lyft Inc., meanwhile, is...

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Sunset on the ocean horizon

Uber Goes Conventional with IPO Share Structure

Sunset on the ocean horizon

Remember when Uber was the ultimate example of a revolutionary business? Entrepreneurs and financial pundits could be heard describing any business with disruptive potential as “Uber, but for _____.” It got so out of hand that that a wave o...

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Machine building computer part with SEC guidance.

SEC Probes Amazon on Revenue Recognition

Machine building computer part with SEC guidance.

Correspondence just released by the SEC (and available on the Intelligize platform) reveals that the agency has recently probed Amazon about a number of accounting issues, including those related to newly overhauled revenue recognition rule...

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