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22 Mar 2023, 2:39 am by Liz Dunshee
– How does the lead auditor assure that the work is being performed by other auditors that understand the requirements of the applicable financial reporting framework and the PCAOB’s auditing and related professional standards? [read post]
21 Mar 2023, 2:40 am by Simon Lovegrove (UK)
The new rules came into force for accounting periods beginning on or after 1 April 2022, and the first annual financial reports including disclosures subject to the rules will be published from April 2023. [read post]
17 Mar 2023, 12:13 pm by Grace Schepis
“The Whistleblowing Awareness Week conference will be a milestone in further cooperation between American and UK whistleblowers, lawyers, government officials and activists to hold white-collar criminals accountable. [read post]
16 Mar 2023, 9:05 pm by William McDonald
In addition, the FCC noted that the standards consolidate guidance from existing standards and would be easily accessible to cellular providers. [read post]
16 Mar 2023, 9:05 pm by renholding
”[7] OEFs are assessed as accounting for three-quarters of this narrow measure. [read post]
15 Mar 2023, 2:15 pm by Sherin and Lodgen
In addition, Silicon Valley Bridge Bank, N.A. has created a restructuring committee which includes former SVB board members. [read post]
15 Mar 2023, 2:15 pm by ngritacco
In addition, Silicon Valley Bridge Bank, N.A. has created a restructuring committee which includes former SVB board members. [read post]
14 Mar 2023, 6:01 pm by Trent Dykes
Depositors do not need to apply for FDIC insurance; coverage is automatic whenever a deposit account is opened at an FDIC-insured bank or financial institution. [read post]
The full media release can be read here. 5  ASIC intends the class order relating to competency standards for SMSF auditors to expire On 17 February, ASIC announced that it intends to allow Competency Standards for Approved SMSF Auditors [CO 12/1687] to expire on 1 April 2023. [read post]
The Strategy discusses how these efforts will harmonize new requirements, such as CIRCIA’s to-be-finalized requirement that covered entities report cybersecurity incidents to CISA within hours in order to strengthen the collective defense, and current efforts by the Cyber Safety Review Board (CSRB), which is comprised of private and public sector cybersecurity leaders and will review incidents and guide industry remediation. [read post]
6 Mar 2023, 5:00 am by Seán Binder
’s determination to hold Russia accountable for crimes committed in its invasion of Ukraine. [read post]
5 Mar 2023, 1:35 pm by Stuart Kaplow
This ping pong of standards for retirement account investing that was at play here, with the ball bouncing from red side of the table to blue side, should not be seen as a rebuke of the ESG juggernaut or the like. [read post]
3 Mar 2023, 3:00 am by Jim Sedor
Marshall alleged Albritton and two other members of the board breached their duties by engaging in “self-dealing” or by failing to prevent it. [read post]
2 Mar 2023, 9:01 pm by renholding
The Financial Accounting Foundation announced recently that it will make the Financial Accounting Standard Board’s accounting standards available to the public at no cost.[1] I look forward to hearing about your potential recommendation today regarding customer account statements. [read post]
1 Mar 2023, 9:01 pm by renholding
The relevant date is the earlier of: The date the company’s board of directors, a committee thereof or the officer(s) authorized to take such action if board action is not required, concludes, or reasonably should have concluded, that the company is required to prepare an accounting restatement; or The date a court, regulator or other legally authorized body directs the company to prepare an accounting restatement. [read post]
1 Mar 2023, 11:45 am by Steve Bainbridge
Some are legitimately designed to improve corporate efficiency and performance, especially by holding poorly performing boards of directors and top management teams to account. [read post]
28 Feb 2023, 9:01 pm by renholding
This change was likely driven in large part by the recent NASDAQ disclosure rule, which requires companies to publicly and annually disclose board-level diversity statistics using a standardized template. [read post]
27 Feb 2023, 1:09 pm by Kevin LaCroix
In the following guest post, Francis Kean, Partner in Financial Lines Team at McGill and Partners, dives deeper into the legal context of the lawsuit and its insurance implications. [read post]
26 Feb 2023, 9:05 pm by renholding
Both have been penalized by the Securities and Exchange Board of India (Sebi) in the past. [read post]
25 Feb 2023, 12:42 am by Sean Hayes
Regarding Quarterly Dividends of Listed Companies (FSCMA) (Current Status)  Article 165-12 of the FSCMA currently prescribes that a listed company which sets a period for the settlement of accounts once a year may pay dividends to shareholders as of the last days of the third month, sixth month and ninth month (dividend record dates), respectively, by resolution (dividend amounts decided) of the board of directors within 45 days from the last day of each of the… [read post]