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Tag: accounting

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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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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FASB: A New Hope for Raising Corporate Taxes

FASB: A New Hope for Raising Corporate Taxes

FASB: A New Hope for Raising Corporate Taxes

It makes for a splashy headline every year after watchdog groups get a chance to comb through corporate financial statements: “[INSERT NAMES OF BIG CORPORATIONS] Paid No Taxes in [INSERT LAST YEAR].” For example, the Institute on Taxation a...

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Applicants awaiting interviews, discussing eco disclosures

Help Wanted: ESG Auditors and Consultants

Applicants awaiting interviews, discussing eco disclosures

Now that the Securities and Exchange Commission has proposed rules for disclosing risks related to climate change, publicly traded companies are starting the heavy lifting involved in reporting the newly required environmental, social and g...

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Spiral iron gate railings meeting SOX compliance.

SEC Indicates New Concerns Over Auditor Independence

Spiral iron gate railings meeting SOX compliance.

Who’s watching the watchers? It’s a question that has preoccupied conspiracy theorists and flummoxed polities for centuries. It seems to come up regularly in the world of corporate governance, too, when assessing Wall Street gatekeepers who...

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