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State audit: Hudson overpaid developers over half a million dollars
3+ day, 14+ hour ago (210+ words) HUDSON, Iowa — A new report from the Iowa Auditor of State says the City of Hudson overpaid developers by more than $582,000 and identified additional problems involving bank reconciliations, fund transfers and deficit balances. Auditor of State Rob Sand released the…...
FASB OKs New Standard That Tightens Investment Company Fair Value Reporting
3+ day, 10+ hour ago (307+ words) Home > Accounting Standards The Financial Accounting Standards Board issued an Accounting Standards Update on Wednesday that the board says improves how investment companies, such as mutual funds, measure the fair value of an equity security that’s subject to a contractual…...
UK Floats Corporate Reporting Cuts After Binning Audit Revamp
4+ day, 4+ hour ago (117+ words) news.bloombergtax.com The UK government proposed simplifying corporate reporting for mid-sized companies, including exempting more of them from required financial statement audits. The suggestion was part of a Department for Business, Innovation, Science and Trade consultation launched Monday to…...
Investors warn UK reporting reforms could weaken shareholder rights
4+ day, 21+ hour ago (402+ words) Railpen and ShareAction have called on the UK government to ensure its proposed corporate-reporting reforms do not weaken shareholder rights. Railpen, the UK’s rail workers’ pension fund with £34bn (€40.5bn) in total assets, said it supported making reporting more useful and efficient,…...
Too much red tape is being torn up by reform of corporate reporting
5+ day, 9+ hour ago (65+ words) The Times Too much red tape is being torn up by reform of corporate reporting Stripping shareholders of their ability to hold company bosses to account is an odd way to encourage investment in UK businesses £1 for 3 months Enjoy unlimited…...
‘Once in a generation’ corporate reporting overhaul planned
5+ day, 17+ hour ago (157+ words) In a 70-page consultation titled ‘Modernising Corporate Reporting to support long-term economic growth’, the government argued the current system has become ‘messy and piecemeal’, creating ‘needless compliance costs’. The consultation runs for 12 weeks, between 7 September and 30 November 2026. The government said…...
SEC mandates annual board training, tighter audits
1+ week, 22+ hour ago (50+ words) Manila Bulletin Press Escape to quit searching SEC mandates annual board training, tighter audits Upgrading tertiary education to enhance PH competitiveness Faith anchored in service, progress rooted in values His hand was restored A greatness measured in lives transformed The…...
NFRA sets up advisory committee on audit quality and technology
1+ week, 1+ day ago (217+ words) NFRA has set up a nine-member advisory committee comprising experts from auditing, finance, regulation, technology and industry to advise on audit quality, assurance, emerging risks and technology-related issues. National Financial Reporting Authority (NFRA) has set up a nine-member advisory committee…...
NFRA sets up advisory panel on audit quality, assurance, technology
1+ week, 1+ day ago (10+ words) ...