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  • Article

    SEC Permits Brazilian Company To Conform Audit Committees To Home Country Law

    SEC Permits Brazilian Company To Conform Audit Committees To Home Country Law.
    United StatesCorporate/Commercial Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    PCAOB Adopts Standards For Broker-Dealer Audits And For Auditing Supplemental Information

    On October 10, the Public Company Accounting Oversight Board adopted two attestation standards pertaining to audits of brokers and dealers intended to help protect customer funds by enhancing the quality of compliance information provided to the Securities and Exchange Commission and used in its regulatory oversight of broker-dealers.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Strong Healthcare FP&A & Accounting Key Amid Stressed Physician Practice Bottom Lines

    Inflation and challenging labor markets continue to present financial challenges to physician practices. Leadership decision-making and action-taking in response to financial results...
    United StatesFinance and Banking
    Ankura Consulting Group LLC
    Ankura Consulting Group LLC
  • Article

    FDA Issues Final Rule Amending Regulations On Accreditation Of Third-Party Certification Bodies To Conduct Food Safety Audits

    As noted above, in the December 14, 2016, Federal Register, FDA issued a final rule amending its regulations on accreditation of third-party certification bodies to conduct food safety audits...
    United StatesFood, Drugs, Healthcare, Life Sciences
    Jones Day
    Jones Day
  • Article

    Round 2 Of Audits For HIPAA Are Focusing On Business Associates

    Jessica Forbes Olson was featured in the Healthcare Risk Management article, "Round 2 of Audits for HIPAA Are Focusing on Business Associates."
    United StatesFood, Drugs, Healthcare, Life Sciences
    Fox Rothschild LLP
    Fox Rothschild LLP
  • Article

    USDA, Other Agencies Issue Joint Interim Rule On OMB's Uniform Requirements For Federal Award Programs

    USDA and several other federal agencies issued a joint interim final rule implementing the final guidance Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Jones Day
    Jones Day
  • Video

    Webinar – How Does EBITDA Help Establish Value Of Business In WA (Video)

    Attorney David C. Tingstad explores the critical role of EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) in determining business valuation within Washington State. This webinar examines how this financial metric serves as a foundational tool for establishing fair market value in business transactions and legal proceedings. Understanding EBITDA's application can significantly impact negotiations, sales, and dispute resolutions involving business worth.
    United StatesTax
    Beresford Booth
    Beresford Booth
  • Article

    European Commission Publishes Final Draft Commission Delegated Regulation On The Specification Of A Single Electronic Reporting Format

    On 17 December 2018, the European Commission published a final draft text of its delegated regulation with regard to regulatory technical standards on the specification of a single reporting format.
    European UnionAccounting and Audit
    A&O Shearman
    A&O Shearman
  • Article

    Audits Of Multifamily Housing Bonds Triggered By Failure To File Form 8703

    IRC Section 142(d) requires operators of qualified residential rental properties to file Form 8703, Annual Certification of a Residential Rental Project annually.
    United StatesAccounting and Audit
    Orrick
    Orrick
  • Article

    FINRA Restructures Representative-Level Qualification Examination Program

    FINRA created a new Securities Industry Essentials ("SIE") examination and revised several of its representative-level qualification examinations.
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Podcast

    High Stakes Investigations: Spotlight On Auditors (Podcast)

    In this episode of the Ankura podcast, Lorynn Demetriades is joined by Rebecca McGregor from Linklaters and Ankura colleague Steven Richards to explore the underlying concerns and pressures...
    United StatesAccounting and Audit
    Ankura Consulting Group LLC
    Ankura Consulting Group LLC
  • Article

    PCAOB To Consider Proposed Rule Amendment To Registration Program

    On November 8, 2024, the PCAOB announced it will hold an open meeting on November 14, 2024, at 1:00 p.m. ET, in which the Board will consider adopting a proposed rule amendment to the PCAOB's registration program.
    United StatesAccounting and Audit
    King & Spalding
    King & Spalding
  • Article

    Reminder: Interim Financial Statements Must Be "Reviewed"

    The SEC orders noted that the Forms 10-Q did not disclose that the interim financial statements had not been reviewed.
    United StatesAccounting and Audit
    Cooley LLP
    Cooley LLP
  • Article

    SEC Appoints New Members of PCAOB

    The Securities and Exchange Commission on December 12 announced the appointment of five new members of the Public Company Accounting Oversight Board. The new chairman of the Board will be William D. Duhnke III, currently the staff director and general counsel to the Senate Rules and Administration Committee.
    United StatesAccounting and Audit
    WilmerHale
    WilmerHale
  • Article

    SEC Charges Ernst & Young With Violating Auditor Independence Rules In Lobbying Activities

    The SEC charged Ernst & Young LLP with violations of auditor independence rules that require firms to maintain their objectivity and impartiality with clients.
    United StatesAccounting and Audit
    A&O Shearman
    A&O Shearman
  • Article

    SEC Chief Accountant Highlights The Contribution Of Academic Research To Policymaking

    At the 2017 Journal of Accounting and Public Policy Conference, SEC Chief Accountant Wesley Bricker described the "significant contributions" of academic researchers to the quality and...
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    SEC Updates Revenue Recognition Guidance

    The SEC updated preexisting accounting guidance to conform to Financial Accounting Standards Codification Topic 606 ("Revenue from Contracts with Customers").
    United StatesAccounting and Audit
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Senators Again Seek to Open PCAOB Disciplinary Proceedings

    Senators Charles Grassley (R-Iowa) and Jack Reed (D-Rhode Island) have re-introduced their proposal to open to the public disciplinary proceedings by the Public Company Accounting Oversight Board against accountants.
    United StatesAccounting and Audit
    WilmerHale
    WilmerHale
  • Article

    US Federal Banking Agencies Issue FAQs Regarding Implementing New Accounting Standards For Credit Losses

    On December 19, 2016, the US Federal Reserve, the FDIC, the US National Credit Union Administration and the OCC issued FAQs to assist institutions in implementing the new accounting standard for credit losses.
    United StatesAccounting and Audit
    A&O Shearman
    A&O Shearman
  • Podcast

    I-9 Audits & ICE Enforcement (Podcast)

    Hawley Troxell attorneys Alycia Moss and Michelle Williams discuss essential strategies for Idaho business owners regarding I-9 audits and ICE enforcement, including how to handle Notices of Inspection...
    United StatesImmigration
    Hawley Troxell
    Hawley Troxell

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