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News
FASB OKs New Standard That Tightens Investment Company Fair Value Reporting
3+ day, 9+ 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…...
US Audit Board Dials Back Looming Quality Rule Overhaul
3+ day, 8+ hour ago (116+ words) news.bloombergtax.com The US audit watchdog approved a scaled-back version of its firm governance overhaul that strips out provisions backed by investors, including independent oversight of quality safeguards. Auditors have until December to adopt the new quality control standard…...
UK Floats Corporate Reporting Cuts After Binning Audit Revamp
4+ day, 3+ 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, 20+ 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, 8+ 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…...
ISS Faces Scrutiny Over Transparency as SEC Demands Info
5+ day, 7+ hour ago (103+ words) Hey there! I am a seasoned crypto analyst with a Bachelor of Technology in IT. I take keen interest in decoding blockchain trends and market movements ultimately delivering expert insights and in-depth coverage of the cryptocurrency space. I am specially…...
‘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, 21+ 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…...
CRI Names Former PCAOB Chief of Firm Inspections Timothy P. Sikes Director of SEC Services
1+ week, 2+ day ago (401+ words) The Globe and Mail CRI Names Former PCAOB Chief of Firm Inspections Timothy P. Sikes Director of SEC Services Strategic Hire Strengthens Firm's Public-Company Capabilities and Continued Investment in Assurance Quality Bringing more than three decades of experience in public company…...
FASB Proposes Codification Improvements
1+ week, 3+ day ago (280+ words) Home > Accounting Standards The proposed ASU is part of the board’s technical agenda project to make incremental improvements to U.S. GAAP. “This evergreen project facilitates Codification updates for a broad range of Topics arising from technical corrections, unintended application of…...