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

WilmerHale Partner William R. McLucas and Counsel Rachel Murphy, in this Westlaw Journal Corporate Officers & Directors Liability article, caution companies against relaxing their corporate governance and oversight standards due to expectations that under the Trump Administration, ..

An SEC rule change intended to simplify or eliminate redundant, overlapping, outdated or superseded disclosure requirements was published in the Federal Register.

FINRA reminded member firms that it will assess and collect a total of $8,309,000 to fund the annual budget of the Governmental Accounting Standards Board ("GASB"). FINRA will collect $2,077,250...

FINRA advised firms using third-party recordkeeping service providers ("providers") to ensure that contracts comply with recent guidance issued by the SEC Division of Trading and Markets staff.

On January 30, 2009, the United States Securities and Exchange Commission (SEC) adopted rules requiring foreign private issuers preparing their financial statements using International Financial Reporting Standards (IFRS),

The SEC approved the 2020 budget of the Public Company Accounting Oversight Board and, in addition, approved the related annual accounting support fee.

On July 21, 2025, the SEC announced that it has designated George R. Botic to serve as Acting Chair of the Public Company Accounting Oversight Board, effective July 23, 2025.

On October 16, the SEC published an investigative report examining the efficacy of internal accounting controls for nine public companies that lost millions of dollars as a result of cyber-related fraud.

The SAB was published in the Federal Register.

The Office of the Comptroller of the Currency, the FRB and the FDIC delayed the effective date of the final rule that would amend the capital rule to address changes to credit loss accounting under U.S. GAAP

In its March 8, 2019 Financial Institution Letter, the Federal Financial Institutions Examination Council ("FFIEC") finalized revisions to the Consolidated Reports of Condition and Income ...

Is generative AI creating the Finance organization of the future? No doubt the technology arms race to build the best analytics and process mousetrap is well underway across the globe.

The Board of the "IOSCO" stressed the importance of implementation and disclosure related to new accounting standards in a statement concerning revenue, financial instruments, and leases.

The SEC appointed Marc A. Panucci Deputy Chief Accountant in the Office of the Chief Accountant.

On June 17, 2016, the Federal Reserve Board, the US Federal Deposit Insurance Corporation, the US Office of the Comptroller of the Currency and the US National Credit Union Administration released a joint statement...

The advisory notes that while the guidance is largely consistent with existing US standards and practices, there are certain differences between the principles and the expectations of US regulators.

In this phase of audits, the OCR will review policies and procedures that are required by HIPAA to be adopted and followed with respect to HIPAA's Privacy, Security, and Breach Notification Rules.

The IRS Small Business/Self-Employed (SB/SE) Division will likely move toward examining more business return categories, such as subchapter S corporations, and away from Form 1040 audits, a senior IRS official said May 6 in Washington.

In a recent Law360 article, Kat Gregor commented on the IRS's final guidance on partnership audit rules