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Tag: accounting

Wind turbine near a Factory: Eco-friendly power source, reducing emissions

Shaky Accounting Calls Corporate Emissions Data Into Question

Wind turbine near a Factory: Eco-friendly power source, reducing emissions

A sharp decline in greenhouse gas emissions represented one of the few positive developments to come from the coronavirus-induced slowdown of 2020. As people put life on pause to combat the spread of the virus, U.S. carbon emissions dropped...

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Spring-loaded wheels with clawback mechanism and scooter in background

SEC Looking Out for Abuses of ‘Spring-Loaded Compensation’

Spring-loaded wheels with clawback mechanism and scooter in background

“Spring-loaded compensation awards.” It just sounds cool, right? And if you’re a corporate executive, it is indeed. Spring-loaded awards refer to executive pay sweeteners in which companies provide the recipients with stock options in the b...

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Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Forget about the tree in the forest. Here’s a new conundrum for public companies to consider: If you make massive gains on bitcoin but can’t brag about it to shareholders, was the investment worth making in the first place? There are plenty...

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Accounting Issues Warrant Caution on SPACs

Accounting Issues Warrant Caution on SPACs

Accounting Issues Warrant Caution on SPACs

If you need proof that no good deed goes unpunished, look at Luminar Technologies. Like so many other companies in recent years, it went public through a SPAC merger. But when it did the right thing and posed an accounting question to the ...

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Five Key Considerations for Audit Committees During the Pandemic

Five Key Considerations for Audit Committees During the Pandemic

Five Key Considerations for Audit Committees During the Pandemic

The pandemic has everyone rethinking how they do things, whether it be personal greetings, grocery shopping, organized sports—or, in the case of audit committees, financial oversight. In January, we examined five items that the SEC wanted o...

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