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Under Accounting Principles Board Opinion No. 25, companies have historically considered the effective date for grants of "equity instruments (e.g., stock options, restricted stock, etc.) to be the date on which those awards are approved by the board of directors.

U.S. exporters seeking licenses from the Department of State’s Directorate of Defense Trade Controls ("DDTC") to export defense articles are required to submit certain supporting documentation along with the license application. This documentation is set forth in section 123.1(c) of the International Traffic in Arms Regulations (the "ITAR"). The required documentation includes, among other things, a "purchase order, letter of intent or other appropriate documentation" for the defense articles to

Recently-issued proposed regulations under Section 409A of the Internal Revenue Code provide guidance relating to the operational and documentary compliance requirements for nonqualified deferred compensation plans. This Alert summarizes the rules in the proposed regulations applicable to nonqualified deferred compensation plans, which are typically provided for the benefit of a select group of key employees as "top hat" plans.

The United States is stepping up its enforcement of the Foreign Corrupt Practices Act of 1977 (FCPA), and violations of the act carry steep fines and other penalties.

On September 19, 2006, the SEC’s Office of the Chief Accountant (OCA) issued a letter that provides guidance regarding accounting for stock options in historical financial statements of public companies.

Attorneys who serve individuals or companies with international operations should be aware of the recent focus by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) on violations of the "Foreign Corrupt Practices Act" (FCPA).

Within a week of the ceremonial swearing in of its last commissioner, the now fully formed Commodity Futures Trading Commission issued 17 enforcement orders and filed one complaint.

Most accountants are familiar with the first in, first out (FIFO) and last in, first out (LIFO) inventory pricing methodologies. These are also two of the most common tracing

In this special guest episode of "The Trial Lawyer's Handbook" podcast series, litigation attorney Dan Small interviews Ian Ratner, CEO of GlassRatner and B. Riley Advisory Services.

A series of recent events affecting tax advice, tax accounting rules and tax accrual workpapers underscores the conflict between the protections afforded tax advice under the attorney-client privilege and the work-product doctrine, and the ever-increasing scrutiny of tax reserves by the public and tax authorities.

Most accountants are familiar with the first in, first out (FIFO) and last in, first out (LIFO) inventory pricing methodologies.

Royal Dutch/Shell Group is No. 2 in the rankings of the 2005 "Accountability Rating" announced on 22nd September in Fortune magazine. This is a rating on corporate responsibility of the prestigious FORTUNE Global 100 companies. The Accountability Rating is apparently not a measure of how good or bad a company is, but supposedly how smart. It follows that by removing or diminishing the ethical dimension in a corporate rating assessment, a bad company can be made to look good.

On Dec. 4, 2007, the Financial Accounting Standards Board (FASB) issued FASB Statement of Financial Accounting Standards No. 141 (revised 2007), "Business Combinations" (FAS 141(R)),1 a replacement of FASB Statement No. 141.

The establishment of the Public Company Accounting Oversight Board (the ―PCAOB‖ or ―Board‖) was a key element of the Sarbanes-Oxley Act of 2002 (―Sarbanes-Oxley‖).