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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…...
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…...
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…...
EXCLUSIVE: Bear Cave Founder Says Private Equity Daycare Scrutiny Is 'Long Overdue"
1+ week, 5+ day ago (587+ words) Private equity's growing scrutiny in the U.S. child care industry is "long overdue," according to Bear Cave founder Edwin Dorsey, who says lawmakers should broaden their focus to include safety concerns at private equity-backed daycare centers. "I think this scrutiny is…...
OKLAHOMA VOICE: Oklahoma childcare system unlikely to have ‘large scale’ fraud but DHS has risk areas, report finds
2+ week, 16+ hour ago (177+ words) Tahlequah Daily Press OKLAHOMA CITY â Oklahomaâs childcare subsidy system is likely to be resistant to large-scale, coordinated fraud, a state agency investigation found. Prompted by millions of dollars of fraud discovered in Minnesotaâs childcare subsidy system, Oklahomaâ…...
Debt Modifications Accounting Comes Under US Board’s Microscope
2+ week, 3+ day ago (89+ words) Bloomberg Law News The US accounting board added a project Wednesday focused on simplifying thorny guidance for how companies should report debt modifications and exchanges. The Financial Accounting Standards Board tentatively voted to require what is known as “extinguishment accounting…...
Does regulatory reporting need a rethink?
2+ week, 4+ day ago (850+ words) Regulatory reporting is a core pillar of compliance within financial institutions, but costs and complexity continue to rise, creating a host of challenges. Despite all the advances and investment in bolstering reporting efforts with new technology, it is a process…...
State auditor raises alarm about ‘highly questionable billing’ in program for aged and disabled
2+ week, 4+ day ago (432+ words) Nebraska Auditor of Public Accounts Mike Foley testifies before the Legislature's Government, Military and Veterans Affairs Committee. Feb. 5, 2026. (Zach Wendling/Nebraska Examiner) A Nebraska auditor’s probe has discovered examples of “highly questionable billing” and alleged weak oversight in a Health…...
Asset owners slam proposed US diversity reporting rescission
2+ week, 4+ day ago (74+ words) Responsible Investor A verification email is on its way to you. Please check your spam or junk folder just in case. Need help signing in? Create an account to continue reading Gain instant access to our expert editorial analysis and…...
Neb. State Auditor Raises Alarm About ‘Highly Questionable Billing’ In Program For Aged, Disabled
2+ week, 5+ day ago (564+ words) Nebraska Auditor of Public Accounts Mike Foley speaks with reporters after a hearing before the Legislature's Government, Military and Veterans Affairs Committee on a bill brought at his request. Feb. 5, 2026. LINCOLN, Neb. — A Nebraska auditor’s probe has discovered examples of…...