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  • Article

    SEC Staff Provides Guidance On Role Of Audit Committees

    On 30 December 2019, the SEC's Chairman, Chief Accountant and Director of the Division of Corporation Finance issued a public statement on the role of audit committees in financial reporting and...
    United StatesAccounting and Audit
    A&O Shearman
    A&O Shearman
  • Article

    Simplification Initiative: Equity Method of Accounting

    The equity method of accounting is required for investments when the entity can influence the operating or financial decisions of the investee.
    United StatesAccounting and Audit
    Baker Newman Noyes
    Baker Newman Noyes
Article

Six Simple Steps To Shrink Your Outstanding Receivables

Your sales team closes a custom order for a new customer. Then, the production crew works diligently to meet the order's two-week deadline.
United StatesAccounting and Audit
ORBA
ORBA
  • Article

    Software Audit Risks – What Are The Chances Your Company Will Be Next?

    There is a set of related questions our software-audit clients frequently ask us that boil down to variations on one or more of the following: Why am I being audited?
    United StatesAccounting and Audit
    Scott & Scott LLP
    Scott & Scott LLP
  • Article

    The Agency's Email Server Ate My Proposal! – GAO Rejects Challenge To "Late Is Late" Rule

    Offerors understand that missing a submission deadline can sink even the best proposal because "late is late." But what happens when an offeror timely emails its proposal only to have an agency server reject...
    United StatesAccounting and Audit
    Crowell & Moring LLP
    Crowell & Moring LLP
  • Article

    The Appraisal Foundation's Financial Reporting Advisory For Contingent Consideration

    In February 2019, The Appraisal Foundation released its fourth Valuation in Financial Reporting advisory on the topic of the valuation of contingent consideration.
    United StatesAccounting and Audit
    Duff and Phelps
    Duff and Phelps
  • Article

    The Assault On Pooling Accounting For Business Combinations Continues

    United StatesAccounting and Audit
    Miller & Martin LLP
    Miller & Martin LLP
  • Article

    The SEC's Office Of The Chief Accountant ("OCA") On Audit Quality And Investor Protection Under The Holding Foreign Companies Accountable Act

    On September 6, 2022, the OCA released a statement regarding audit quality and investor protection under the Holding Foreign Companies Accountable Act...
    United StatesAccounting and Audit
    Mayer Brown
    Mayer Brown
  • Article

    Trends In SOX 404 Reporting On ICFR

    You probably recall that, under SOX 404(b), all public reporting companies, other than non-accelerated filers and EGCs, are required to obtain an auditor attestation regarding the effectiveness of their internal control over financial reporting.
    United StatesAccounting and Audit
    Cooley LLP
    Cooley LLP
  • Article

    Valuing IRA Annuities in Roth IRA Conversions

    On August 19, 2005, the Treasury issued proposed and temporary regulations governing the valuation of annuity contracts in conversions from traditional IRA’s to Roth IRA’s. Pursuant to Code sections 408(d)(1) and (2), and as provided in Treas. Reg. §1.408A-4, Q&A-7 as adopted in 1999, the amount converted from the traditional IRA is treated as distributed and taxable in the year of conversion
    United StatesAccounting and Audit
    Sutherland Asbill & Brennan LLP
    Sutherland Asbill & Brennan LLP
  • Article

    VMware Audits: What You Need To Know About Licensing Rules, Part I

    It is not unusual for companies to use virtualization technologies to reduce costs, ensure redundancy, and reduce physical size of the network.
    United StatesAccounting and Audit
    Scott & Scott LLP
    Scott & Scott LLP
  • Article

    COVID-19 US: NAIC's Statutory Accounting Principles Working Group Considering Relief For Insurers

    In response to the COVID-19 pandemic, the National Association of Insurance Commissioners' Statutory Accounting Principles Working Group is considering relief for insurers for an interim period.
    United StatesCoronavirus (COVID-19)
    Clyde & Co
    Clyde & Co
  • Article

    A Spotlight On Benefit Corporations

    There are not currently any separate or additional SEC disclosure or other requirements applicable solely to benefit corporations or similar impact-driven companies.
    United StatesCorporate/Commercial Law
    Morrison Foerster
    Morrison Foerster
  • Article

    Accounting In M&A Deals – Navigating The Numbers

    A key to success for any growth company is navigating the numbers, with success and visibility in accounting and finance, preferably up and to the right. Nowadays, companies are experiencing accounting challenges as ...
    United StatesCorporate/Commercial Law
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Video

    Big Data Is The SEC's New Secret Sauce In Search For Potential Accounting Fraud

    With big data analysis, SEC investigators can more easily zero in on potential accounting or reporting violations even before a company's outside auditors or management ever do.
    United StatesCorporate/Commercial Law
    Fenwick
    Fenwick
  • Article

    Cerner Customers Beware: Time To Get Up To Speed And Understand Oracle's Software Audit Playbook

    In December of 2021, Oracle announced its acquisition of healthcare giant, Cerner Corporation.
    United StatesCorporate/Commercial Law
    Tactical Law Group LLP
    Tactical Law Group LLP
  • Article

    China-Based Coffee Company Settles SEC Charges Of Accounting Fraud

    A China-based coffee company settled SEC charges for materially misstating revenue, expenses and net operating losses in order to give investors the false impression of rapid growth and increased profitability, and to satisfy earnings estimates.
    United StatesCorporate/Commercial Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Data Valuation – Worth Zero Or Trillions?

    Almost every entity is, or is becoming, a digital enterprise. Today's information economy mandates nothing less.
    United StatesCorporate/Commercial Law
    BakerHostetler
    BakerHostetler
  • Article

    Disgorging Critical Vendor Payments in the Aftermath of Kmart?

    The Seventh Circuit’s invalidation in February of 2004 of nearly $300 million in "first day" payments to Kmart’s "critical vendors" was the latest salvo in an all-out assault waged at the circuit court level concerning the controversial "doctrine of necessity" as authority for paying the pre-petition claims of vendors deemed essential to a chapter 11 debtor’s prospects for a successful reorganization.
    United StatesCorporate/Commercial Law
    Jones Day
    Jones Day
  • Article

    Exposure For Non-Profits Under Dealership Statute

    In Girl Scouts of Manitou Council, Inc. v. Girl Scouts of the United States of America, Inc., decided on December 15, 2008, the United States Court of Appeals for the Seventh Circuit held that the relationship between national non-profit organizations and their Wisconsin affiliates can be governed by the Wisconsin Fair Dealership Law (WFDL), Chapter 135 of the Wisconsin Statutes.
    United StatesCorporate/Commercial Law
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Showing 941–960 of 6237 results

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