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Tag: accounting

Carbon credits fueling car emissions

Are Corporate Climate Change Programs Doing Any Good?

Carbon credits fueling car emissions

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...

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Cat's Paw and Clawbacks

SEC Unveils Compensation Clawback Rules

Cat's Paw and Clawbacks

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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Cryptocurrencies fair value accounting.

FASB (Finally) Backs Fair-Value Accounting for Cryptocurrency Assets

Cryptocurrencies fair value accounting.

Cryptocurrency enthusiasts don’t exactly seem like rule-following types. In fact, defying convention likely makes up much of crypto’s appeal for many digital-token owners. Pesky things like accounting standards probably don’t even show up o...

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FINE Blocks logo with Deloitte partnership

Audit Failures Lead to SEC Action Against Deloitte-China

FINE Blocks logo with Deloitte partnership

Some auditors in the Chinese affiliate of Big Four accounting firm Deloitte have apparently been taking a unique approach to their work. Rather than evaluating their clients’ financial reporting, they let the clients audit themselves, accor...

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FASB Members Shaking Hands

Financial Accounting Standards Board Nearing New Disclosure Rules for Joint Ventures

FASB Members Shaking Hands

In August, Honda and LG Energy Solution revealed that they would be investing $4.4 billion to  develop a U.S. electric-vehicle battery factory. The automaker and battery company are taking part in an increasingly popular U.S. corporate arra...

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