Management’s Annual Report on ICFR
Many public companies are in the process of preparing their annual 10-K reports for the SEC, and for these firms, ...
Tag: Financial Reporting
What Does Lease Accounting Have to Do With ESG?
Real estate-related assets account for about 40% of global CO2 emissions, which means companies cannot get a handle on their ...
ASC 606 & IFRS 15 Standards Aren’t New. Why Are So Many Firms Still Falling Short?
Auditors and government agencies have given a wide latitude when it comes to enforcement of ASC 606 and IFRS 15 ...
Will Proposed SEC Cybersecurity Disclosure Rules Enhance Defenses or Hamper Responses? There’s Still Time to Assess and Comment.
Proposed rules relating to incident reporting aim to improve cybersecurity in public companies, but FTI Consulting’s Jordan Rae Kelly suggests ...
Enron’s Contribution to the Vitality of Corporate Compliance
Enron shares hit $90.75 on August 23, 2001. By December 2, they had corrected to $0.26 and the business had ...
FCPA Investigations Without Breaking the Bank
Costs can balloon quickly in FCPA investigations, however, these investigations don’t have to spin out of fiscal control. Corporate counsel can and should get to the root of alleged ...
ASIC’s Breach Reporting Update: A Perfect Storm of Confusing Ambiguities and Increased Reporting
Announced in April, the Australian financial regulator's CP 340 goes into effect in October. ASIC's breach reporting update is going ...
How to Avoid Global Accounting Compliance Time Bombs When Expanding Internationally
When managing global operations, companies must prepare two different accounting books for each country: one for internal reporting and one ...
A Perfect Perfecta: Amid New FRTB Reporting Requirements, Don’t Bet on the Wrong Horse
The Fundamental Review of the Trading Book (FRTB) affects capital calculations and substantially impacts one's risk monitoring framework. Richard Moss ...
Survey Reveals Misguided Assumptions About Cloud ERP Reporting
Poll of nearly 500 financial professionals shows 40 percent of organizations mistakenly believe cloud ERP will automatically result in faster ...
Prepare Now to Comply with SEC’s Updated MD&A and Related Financial Disclosure Requirements
The SEC's updated MD&A rules will bring about key changes in financial disclosures, streamlining existing disclosure requirements. In adopting final ...
SEC Modernizes Reporting Requirements for Public Companies
Recent updates by the SEC to reporting requirements are meant to elicit improved disclosures. McCarter & English partner Peter Campitiello ...
