Search for: "Financial Accounting Standards Board"
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11 Nov 2009, 4:14 am
- Compensation Standards for Holding Companies of Depository Institutions (Section 957) - The bill would require the new Financial Institution Regulatory Agency to establish standards prohibiting compensation plans of a bank holding company that provide executives, employees, director, and principal shareholders with excessive compensation or benefits, or could lead to a material financial loss to the bank holding company [read post]
5 Nov 2021, 9:43 am
By John Filar AtwoodThe Financial Accounting Standards Board (FASB) has proposed a new principle under Topic 270 that would require disclosures for a significant event or transaction that has a material effect on an entity and results in disclosures that are transaction or event specific. [read post]
8 Jan 2024, 10:00 am
Woodbourne Fire District – Board Oversight (Sullivan County) The board did not provide adequate oversight of the district’s financial operations. [read post]
8 Jan 2024, 10:00 am
Woodbourne Fire District – Board Oversight (Sullivan County) The board did not provide adequate oversight of the district’s financial operations. [read post]
9 Mar 2010, 12:26 am
One of the most fundamental changes introduced by the New Act relates to the standard of conduct expected from directors, prescribed officers and any member of a board committee (including the audit committee) even if certain committee members are not board members, and the liability that they may attract if they fail to adhere to these standards. [read post]
20 Aug 2018, 3:47 pm
According to GPB Capital CEO David Gentile, in a letter that InvestmentNews was able to get a copy of, the delay in filing is a result of having to deal with accounting standards that mandate the two funds generate yearly audited financial statements that must be in compliance with SEC regulations, as well as with the Public Company Accounting Oversight Board’s standards. [read post]
13 Jan 2021, 7:13 am
The staff also cautioned obligors to be aware of the Government Accounting Standards Board Statement No. 93 revising certain standards and accounting issues implicated by the LIBOR transition. [read post]
13 Jun 2013, 1:43 pm
Utilizing existing accounting records not only reduces the trustee’s record keeping, it could help standardize Missouri’s examination process (one element in reducing costs). [read post]
9 Dec 2022, 6:43 am
By Suzanne CosgroveThe Public Company Accounting Oversight Board said Thursday that a preview of its 2021 inspection reports for 141 audit firms inspected annually and triennially shows a year-over-year increase in audit deficiency rates in 2021.That trend is expected to have continued this year. [read post]
17 Jan 2023, 11:03 am
Pursuant to the Board’s clarified standard, for consequential damages to be awarded, the Board must present sufficient evidence to prove the amount of the financial harm the employee suffered, that it was a direct or foreseeable result of the employer’s unlawful action, and that the financial harm was attributable to the unfair labor practice that the employer committed. [read post]
9 Dec 2016, 1:00 am
Peregrine, McDermott Will & Emery LLP, on Friday, December 2, 2016 Tags: Accountability, Accounting, Agency costs, Boards of Directors, Commonsense Principles, Compliance & ethics, Conflicts of interest, Corporate fraud, Enron, Management, Misconduct, Oversight, Sarbanes–Oxley Act, Securities enforcement, Securities fraud, Securities regulation, Whistleblowers Proxy Access Test Drive Hits a Wall Posted by Cydney Posner, Cooley LLP, on Friday, December 2,… [read post]
21 Nov 2022, 6:31 am
We use a semisupervised machine-learning approach that is guided by the Sustainability Accounting standards Board (SASB) standards that identified material ESG issues to learn the meanings of all words and phrases within ESG reports. [read post]
21 Nov 2022, 6:31 am
We use a semisupervised machine-learning approach that is guided by the Sustainability Accounting standards Board (SASB) standards that identified material ESG issues to learn the meanings of all words and phrases within ESG reports. [read post]
8 Feb 2009, 7:21 pm
I'll have more to say on that, later.Overstock.com violated accounting rules to report first quarterly profit after 15 consecutive quarterly lossesIn my last blog post, I documented how Overstock.com violated Statement of Financial Accounting Standards No. 154 governing accounting errors and improperly reported a $1 million profit in Q4 2008, rather than an $800,000 net loss. [read post]
6 Sep 2011, 2:44 pm
Cordray said that it is a high hurdle but not an inappropriate one, adding that this is a standard that does not apply to any other federal agency.Legislation that recently passed the House, HR 1315, would require revise the current threshold and require FSOC to set aside a CFPB regulation that is inconsistent with the safe and sound operation of a US financial institution. [read post]
9 Nov 2007, 9:19 am
Perhaps, it is because the difference in the law.As we wrote earlier this week, the Preexisting Satellite Service pay royalties set based on the standards of Section 801(b) of the Copyright Act, which takes into account a number of factors including the interest of the public in getting access to copyrighted material, the relative contributions and financial risks of the parties in distributing the copyrighted material, the stability of the industry,… [read post]
25 Mar 2016, 6:00 am
Securities & Exchange Commission, on Tuesday, March 22, 2016 Tags: Accounting, Accounting standards, Audit committee, Audits, Disclosure, External auditors, Financial reporting,GAAP, Investor protection, PCAOB, Performance measures, SEC, Securities Regulation, SOX SEC Chair on PCAOB Oversight and 2016 Budget Approval Posted by Mary Jo White, U.S. [read post]
5 Jun 2022, 1:14 pm
Vietnam, India v. the Philippines) in a diverse set of organizations, including the World Bank and the World Health Organization, the Basel Committee on Banking Supervision, the Global Fund to Fight AIDS, Tuberculosis and Malaria, the International Accounting Standards Board, Codex Alimentarius Commission and more. [read post]
19 Aug 2010, 6:36 am
In conjunction with a recent G-20 meeting, both the Financial Accounting Standards Board and the International Accounting Standards Board released exposure drafts of revised fair-value standards. [read post]
14 Oct 2014, 5:05 am
In light of the diversity and inclusion assessment standards proposed in October 2013 by the Federal Reserve Board, CFPB, FDIC, NCUA, OCC, and SEC, pursuant to Section 342 of Dodd-Frank, it is important that financial services industry employers promote diversity and inclusion in the workplace. [read post]
