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  • Article

    PCAOB Seeks Public Input On Strategic Priorities

    The last of the five new members of the Public Company Accounting Oversight Board was sworn in earlier this month.
    United StatesAccounting and Audit
    WilmerHale
    WilmerHale
  • Article

    Recommended Reading: Key Audit Matters: Unlocking The Secrets Of The Audit

    This week we highlight a report by ACCA on the difference one year makes in auditor reporting standards since the IAASB's changes.
    United StatesAccounting and Audit
    Akin
    Akin
Article

SEC Staff Reinterprets Non-GAAP Rules

On May 17, 2016, the SEC's Division of Corporation Finance escalated the SEC's efforts to curb perceived misuse of non-GAAP financial measures with the issuance of a revised set of Compliance and Disclosure Interpretations (CDIs).
United StatesAccounting and Audit
WilmerHale
WilmerHale
  • Article

    U.S. Corporate Law News: PCAOB Issues Practice Alert Regarding Audits Of Customer Contract Revenue

    The Public Company Accounting Oversight Board (PCAOB) recently issued Staff Audit Practice Alert No. 15.
    United StatesAccounting and Audit
    Withers LLP
    Withers LLP
  • Article

    Victory? Delaware Suggests An End To Contingency Compensation For Unclaimed Property Contract Auditors

    For years, Delaware has used contract audit firms to enforce their unclaimed property laws and paid them based, at least partially, on the amount recovered
    United StatesAccounting and Audit
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    Public Accounting Firm Settles SEC Charges For Violating Auditor Independence Rules

    A public accounting firm agreed to settle SEC charges for violating SEC auditor independence rules in over 100 audit reports concerning at least 15 audit clients.
    United StatesCorporate/Commercial Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Adopts ‘Loan Rule' Amendments

    On June 18, 2019, the SEC adopted final amendments (the "Amendments") to the auditor independence rules set forth in Rule 2-01(c)(1)(ii)(A) of Regulation S-X (the "Loan Rule")
    United StatesCorporate/Commercial Law
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    SEC Chair Highlights Successful Implementation Of CAT

    SEC Chair Jay Clayton attributed the successful implementation of the Consolidated Audit Trail ("CAT") to specific implementation details and milestones, engagement with stakeholders and focused leadership.
    United StatesCorporate/Commercial Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FCM Settles CFTC Charges For Providing Insufficient Audit Trail Data

    A registered futures commission merchant settled CFTC charges for failing to provide sufficient audit trail data, which "substantially delayed" a CFTC Division of Enforcement ("Division")
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FDIC Provides Guidance On Compliance With Annual Independent Audits And Reporting Requirements

    The FDIC said it will consider matters on a case-by-case basis after a review of the facts and circumstances.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Ready Or Not, It's Time For Phase 2 HIPAA Audits

    Our colleagues, Dianne Bourque, Jordan Cohen, and Kate Stewart, wrote an excellent post on our sister blog, Health Law and Policy Matters, on the official launch of Phase 2 of the HIPAA Audit Program.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
    Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
  • Article

    BREAKING: OFCCP Selects Contractors For 2019 Audits

    On March 25, 2019 OFCCP posted the 2019 CSAL list on its FOIA website, identifying contractors selected for compliance evaluations.
    United StatesGovernment, Public Sector
    Proskauer Rose LLP
    Proskauer Rose LLP
  • Article

    OFCCP Announces FY2019 Audits

    On March 25, 2019, the Office of Federal Contract Compliance Programs (OFCCP) published the list of contractors that are scheduled to receive Corporate Scheduling Announcement Letters (CSALs).
    United StatesGovernment, Public Sector
    Morrison Foerster
    Morrison Foerster
  • Podcast

    Torres Talks Trade Podcast Episode 5 On U.S. Customs And Border Protection Audits (Podcast)

    This podcast covers the important topic of U.S. Customs and Border Protection ("CBP") audits, including how CBP selects companies for audits and how importers should prepare for an audit.
    United StatesInternational Law
    Torres Trade Law, PLLC
    Torres Trade Law, PLLC
  • Article

    Do Partnerships Now Need To Reserve For Taxes?

    The Bipartisan Budget Act of 2015, P.L. 114-74, added new partnership audit rules, which are generally effective for tax years beginning in 2018.
    United StatesTax
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    SEC Adopts PCAOB Standards For Broker-Dealer Audits

    The SEC recently approved the PCAOB’s proposed standards and amendments to establish auditing and attestation standards applicable to audits of brokers and dealers registered with the SEC.
    European UnionAccounting and Audit
    Morgan Lewis
    Morgan Lewis
  • Article

    Accountants' Liability Tool Kit

    There is a myriad of information relevant to Accountants' Liability matters. It can be time consuming and confusing finding the relevant authoritative guidance.
    United StatesAccounting and Audit
    FTI Consulting
    FTI Consulting
  • Article

    Accounting Firm To Pay $150 Million In Connection With Audits Of Failed Mortgage Lender

    An accounting firm agreed to pay nearly $150 million to the U.S. government to settle potential liability related to the audits of a failed mortgage lender.
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    BEIS Committee Launches Inquiry On The Future Of Audit

    On 12 November 2018, the Department for Business, Energy and Industrial Strategy Committee (the "BEIS Committee") launched an inquiry into the future of audit,
    United StatesAccounting and Audit
    A&O Shearman
    A&O Shearman
  • Article

    BSA Audit Procedures

    Most BSA Audits begin with a report from a disgruntled employee or former employee.
    United StatesAccounting and Audit
    Scott & Scott LLP
    Scott & Scott LLP
  • Showing 101–120 of 2126 results

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