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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…...
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…...
TAI Industries Issues Annual Report Corrigendum Following Secretarial Audit Omissions
1+ week, 3+ day ago (216+ words) TAI Industries has released a corrigendum to its FY 2025-26 Annual Report to include the missing Secretarial Audit Report. The audit highlights several governance gaps, including SDD non-compliance and pending ROC adjudication for director appointments. Shareholders should note these findings, which…...
MoCI reinforces auditing profession standards and requirements through regulations
2+ week, 4+ day ago (242+ words) Doha, Qatar: Minister of Commerce and Industry HE Sheikh Faisal bin Thani bin Faisal Al-Thani issued on Tuesday Ministerial Decision No. 56 of 2026 on the Executive Regulations of the Law Regulating the Auditing Profession, reinforcing the organization of the profession and…...
US Audit Board Floats Framework for Quality Inspections Overhaul
2+ week, 5+ day ago (110+ words) news.bloombergtax.com The US audit board on Monday offered a preview of possible changes to its public inspection reports that detail quality lapses of individual firms based in the US and around the globe. The report mock-up was packed…...
Financial Reporting Developments: EBP, FASB, & SEC Updates
3+ week, 1+ day ago (204+ words) Cybersecurity remains a top focus for the U.S. Department of Labor (DOL). Because EBPs hold substantial investment assets alongside sensitive participant data, they present a significant target, and regulatory expectations have intensified accordingly. Effective dates provide a measure of lead time,…...
AICPA Auditing Board OKs New Standard Clarifying Auditors' Role in Detecting Fraud
3+ week, 2+ day ago (304+ words) A new standard that clarifies and enhances auditors’ responsibilities for identifying fraud or suspected fraud in a financial audit statement was approved by the American Institute of CPAs’ Auditing Standards Board on Aug. 20. The ASB’s adoption of Statement on Auditing…...
Red Flags in Amended Annual Reports — Quarterly Update #11
3+ week, 3+ day ago (677+ words) Why are amended 10-Ks important? Businesses frequently submit revised annual 10-K reports to make technical changes, such as filing proxy information or correcting minor typos. These amendments are typically routine and hold little significance for investors. Nevertheless, some amended reports…...
Companies Filing SEC Reportorial Requirements in the Philippines: Important Update
3+ week, 5+ day ago (25+ words) The Philippine Securities and Exchange Commission (SEC) has announced that effective August 17, 2026, selected …...
New Earth Resources Announces Adoption of Quarterly Reporting Exemption under Coordinated Blanket Order 51-933
4+ week, 1+ day ago (763+ words) thecanadianpressnews.ca Vancouver, British Columbia, Aug. 14, 2026 (GLOBE NEWSWIRE) -- NEW EARTH RESOURCES CORP. (CSE: EATH) ("New Earth" or the "Company") is pleased to announce that it has elected to rely on Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain…...