Search for: "Financial Accounting Standards Board"
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18 Jan 2019, 5:56 am
Karpf, and David Lopez, Cleary Gottlieb Steen & Hamilton LLP, on Friday, January 11, 2019 Tags: Accounting, Financial reporting, Long-Term value, SEC, SEC rulemaking, Securities regulation, Shareholder value, Short-termism Top Priorities for Boards in 2019 Posted by Steve Klemash, Rani Doyle, and Jamie C. [read post]
14 Oct 2020, 8:55 pm
On 13 October 2020, the Financial Stability Board (FSB) published the final version of its high-level recommendations for the regulation, supervision and oversight of “global stablecoin” (GSC) arrangements following an earlier public consultation. [read post]
26 Jul 2019, 8:05 am
DNB emphasises that as AI applications increasingly inform a financial undertaking’s decisions and as their potential consequences for the financial undertaking and its customers grow, responsibility and accountability standards governing their deployment will become stricter. [read post]
7 Sep 2016, 5:30 am
Impressive return-to-work, recovery and financial outcomes through 2015 mean Ontario’s (Canada) Workplace Safety and Insurance Board (WSIB) will be there for future generations of injured workers, WSIB Chief Financial Officer Pamela Steer said recently. [read post]
25 Mar 2021, 9:15 am
Advisor For Alleged Real Estate Fraud after Criminal Charges The Certified Financial Planner Board of Standards (CFP Board) has reportedly suspended former UBS advisor Joseph M. [read post]
15 Apr 2010, 3:36 am
FASB's "Disclosure of Loss Contingencies" Project: Decisions Made and on the Fast Track Yesterday, the FASB's Board held a meeting and discussed a number of Staff recommendations regarding "Disclosure of Certain Loss Contingencies," which would amend FASB Accounting Standard No. 5 "Accounting for Contingencies" as first proposed back June 2008. [read post]
5 Feb 2011, 7:01 am
The logic behind the settled accounting principles, the provisions of Companies Act, 1956 dealing with maintenance of accounts, Accounting Standards etc., can very easily be understood. [read post]
22 Mar 2010, 5:36 am
The Financial Accounting Standards Board and its staff outlined a rulemaking schedule March 19 for completing a closely watched, comprehensive proposal to revamp reporting of… Read this entire article for free, simply activate your free 15 day trial access to Daily Tax Report now. [read post]
24 Jun 2020, 7:53 pm
The CCMC recommended a one-year delay, with the option of voluntary early implementation.In a comment letter responding to the PCAOB’s request for feedback on stakeholders’ initial experiences with auditor reporting of CAMs, the CCMC noted that because of the pandemic other accounting and auditing standard-setters such as the Financial Accounting Standards Board, the Auditing Standards Board, and the American… [read post]
22 Mar 2016, 6:17 am
Over a decade ago, a series of sensational accounting scandals exposed severe weaknesses in our accounting and financial reporting system. [read post]
21 Jun 2023, 9:48 pm
Some measures introduced relevant to the financial services industry include: Amendments to tax legislation to allow general insurers to continue to use audited financial reports as the basis for their tax returns in response to concerns raised over new accounting standard AASB 17 Insurance Contracts. [read post]
5 Oct 2008, 11:10 pm
The Financial Accouting Standards Board (FASB) has been delegated the authority to establish standards of financial accounting and reporting for private-sector entities, including business and not-for-profit organizations. [read post]
24 Oct 2022, 2:31 pm
The Court declined to dismiss the derivative suit and reiterated the Caremark standards and Marchand ruling by the Delaware Supreme Court. [read post]
12 Feb 2015, 10:28 am
The staff reviews the board’s accounting standards and concept releases and provides feedback from an enforcement perspective. [read post]
28 Oct 2016, 5:00 am
He reiterated that the Board is committed to holding auditors accountable, through enforcement actions if necessary, to high standards of independence and professional skepticism.In remarks at the New York State Society of Certified Public Accountants conference, Harris discussed a number of PCAOB priorities, including the re-emergence of concerns about auditor independence, audit report reform, and the current state of audit quality. [read post]
2 Aug 2018, 4:00 am
That could result in very large law suits and the damaging of the reputations of the people accountable for such transactions. [read post]
10 May 2019, 6:17 am
When Dual-Class Stock Met Corporate Spin-Offs Posted by Geeyoung Min (Columbia Law School) and Young Ran (Christine) Kim (University of Utah), on Friday, May 3, 2019 Tags: Agency costs, Agency model, Dividends, Dual-class stock, IPO Spinning, IPOs, Management, Mergers & acquisitions, Reorganizations, Shareholder voting, Spinoffs Aiming Toward the Future Posted by Tami Groswald-Ozery, Harvard Law School, on Friday, May 3, 2019 … [read post]
12 May 2008, 5:03 am
Currently, markets representing two-thirds of the world's total market capitalization have mandatory or voluntary XBRL filing programs in place.Chairman Zalm said that, as IFRS becomes the global accounting standard for financial statements, the availability of a high quality IFRS taxonomy, based on XBRL standards, goes hand in hand. [read post]
15 Jun 2018, 8:23 am
Retail investors already expect financial professionals to act in their best interest and are unaware that there are differing legal standards. [read post]
4 May 2008, 5:15 am
Witt 93,333 8,151 6,500 107,984 Director Compensation : Regions Financial’s board met six times last year. [read post]
