Intelligence

In this episode of On Just Terms, partners Jason Betts and Melissa Gladstone are joined by Professor Vince Morabito, one of Australia's leading empirical researchers on class actions.

The SEC has established a new Financial Reporting and Accounting Unit within its Division of Enforcement, consolidating nationwide resources to investigate public company accounting and financial reporting issues. This organizational shift signals heightened scrutiny of complex accounting matters, non-GAAP measures, and disclosure practices.

The US National Association of Insurance Commissioners' Statutory Accounting Principles Working Group convened in August 2026 to address critical reforms to the Interest Maintenance Reserve framework...

Finance teams face critical implementation challenges as new GAAP amendments take effect for 2026, requiring immediate attention to accounting policies, documentation standards, and system readiness. Are your financial reporting processes prepared to handle expanded disclosure requirements, CECL practical expedients, and internal-use software accounting changes before year-end audit fieldwork begins?

A mid-sized manufacturing company facing financial turmoil after a private equity acquisition found itself struggling with employee turnover, delayed accounting, and unreliable financial reporting. When traditional support failed to deliver the hands-on assistance needed, a specialized advisory team stepped in to restore financial clarity and guide the business from crisis to profitability.

The SEC has established a specialized Financial Reporting and Accounting Unit within its Division of Enforcement to investigate accounting fraud, financial reporting misconduct, and failures by auditing professionals. Led by experienced enforcement personnel, this unit signals intensified scrutiny of public company financial statements, audit quality, and gatekeeper accountability across high-risk accounting areas.