Search for: "Financial Accounting Standards Board "
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15 Nov 2023, 6:50 am
Ensure auditor response letters comply with Firm written policies and procedures, as well as American Bar Association and Financial Accounting Standards Boards standards. [read post]
15 Nov 2023, 6:26 am
” In fiscal year 2023, the SEC obtained orders for $4.949 billion in financial remedies. [read post]
14 Nov 2023, 9:01 pm
” In fiscal year 2023, the SEC obtained orders for $4.949 billion in financial remedies, the second highest amount in SEC history, after the record-setting financial remedies ordered in fiscal year 2022. [read post]
14 Nov 2023, 4:33 am
There may be disclosure obligations to board members or other stakeholders, including contractual requirements. [read post]
13 Nov 2023, 9:05 pm
On November 3, 2023, the 10 voting members of the Financial Stability Oversight Council (“FSOC” or “Council”)[1] voted unanimously to finalize (1) amendments to its existing interpretive guidance (“2019 Interpretive Guidance”)[2] governing the designation of nonbank financial companies for supervision by the Federal Reserve Board and application of prudential standards (“Interpretive Guidance”)[3]and (2) an… [read post]
13 Nov 2023, 9:01 pm
The Agencies stated that the Climate Principles are “intended to explain and supplement existing risk management standards and guidance on the roles of the boards of directors and management. [read post]
12 Nov 2023, 9:01 pm
Any potential implications for systems associated with SOX compliance and financial reporting, including the integrity of the information processed by these systems. [read post]
12 Nov 2023, 1:00 am
However, separate and apart from GWG’s shortcomings as a company, L-Bonds had very risky characteristics as a financial instrument. [read post]
10 Nov 2023, 1:35 pm
quickly to implement and communicate 2024 health spending account (“HFSA”), high deductible health plan amounts relevant to determining eligibility to contribute to a medical savings account (“MSA”), adoption credit and exclusion limits, and other inflation-adjusted limitations relevant to the annual enrollment, withholding and other year-end tax and benefit planning of workers and their families to assist workers to take into account these… [read post]
9 Nov 2023, 1:07 pm
quickly to implement and communicate 2024 health spending account (“HFSA”), high deductible health plan amounts relevant to determining eligibility to contribute to a medical savings account (“MSA”), adoption credit and exclusion limits, and other inflation-adjusted limitations relevant to the annual enrollment, withholding and other year-end tax and benefit planning of workers and their families to assist workers to take into account these… [read post]
3 Nov 2023, 1:00 pm
Tenth Circuit: But the district court's standards were too strict. [read post]
3 Nov 2023, 4:00 am
Supreme Court struggled to agree on how to determine when public officials can block critics from their private social media accounts, reviewing two cases that will have broad implications for citizen interactions with politicians online. [read post]
31 Oct 2023, 9:01 pm
Grewal noted, as an example, the case of a national partner in a large accounting firm who, while not a CCO, was responsible for quality controls across the firm’s assurance practice, including those relevant to compliance with Public Company Accounting Oversight Board (PCAOB) quality control and audit standards. [read post]
31 Oct 2023, 6:26 am
Meeting this goal requires robust, reliable, repeatable, and standardized evaluations of AI systems, as well as policies, institutions, and, as appropriate, other mechanisms to test, understand, and mitigate risks from these systems before they are put to use. [read post]
30 Oct 2023, 4:39 pm
In cases where explanations are deemed inadequate, investors are encouraged to engage with the companies and hold directors accountable, with the aim of enhancing governance practices and reporting standards. [read post]
26 Oct 2023, 10:57 pm
September 2023 was a busy month for regulators in the financial services space. [read post]
26 Oct 2023, 3:39 am
The report aims to assist and enhance the ability of issuers to provide more robust disclosures and create more consistency in how climate-related matters are accounted for in financial statements drawn up in accordance with International Financial Reporting Standards (IFRS). [read post]
25 Oct 2023, 9:01 pm
Questions about tools, resources, training, transparency and public accountability are also key to these recommendations.5 It also behooves us to look carefully into the information provided by the agencies. [read post]
22 Oct 2023, 9:59 pm
But for basic tax filings and other standard accounting services, an accountant may suffice. [read post]
20 Oct 2023, 2:40 pm
This rule also introduces standardized reporting metrics to be used by private funds. [read post]
