There's a storm a-brewin' in China and isn't a "fake" sun going viral. In a […]
Tag: SEC
Save the Date: AICPA Conference on Current SEC and PCAOB Developments
As Going Concern's official Washington correspondent (read: the one who lived in an awesome condo […]
The PCAOB Is Trying to Give Itself a Small Raise
And by "small" I mean $12.8 million. The Public Company Accounting Oversight Board today approved […]
SEC Union Warns SECers They Should Learn To Shovel Lunch Into Their Faces In a Prompt Manner
Of all the SEC's "time management" issues (I need not mention to what I am […]
SEC: Nothing Rotten About Apple
Four months after opening its review of Apple’s finances, the Securities and Exchange Commission has […]
Ex-SEC Chief Accountant Taking His Experience in Unfinished Business to the FASB
James Kroeker, 44, will be a vice chairman of the U.S. Financial Accounting Standards Board, […]
China Ready to Turn Over Audit Workpapers for Some Company at Some Point
The U.S. Securities and Exchange Commission has been struggling to obtain papers from China to […]
Yes, the House Bill That Bans Auditor Rotation Is Terrible But There May Be an Upside
As you know, yesterday the House of Representatives passed H.R. 1564, the Audit Integrity and Job Protection Act, with bipartisan support, 321-62. The charge was led by the bill's co-sponsors, Rep. Robert Hurt (R-VA) and Rep. Gregory Meeks (D-NY). Here's an enthusiastic statement from Rep. Hurt via Accounting Today:
SEC Creates The Accounting Fraud Untouchables (or Something)
The Financial Reporting and Audit Task Force is one of the three new initiatives in the DepartmentDivision […]
Deloitte Suggests SEC Call the PCAOB If It Wants Those Longtop Documents
Last Friday, the PCAOB announced it had reached Memorandum of Understanding on Enforcement Cooperation with […]
The SEC Manages to Get Softer on Big 4 Audit Firms
Incredibly, the SEC has done something I didn't think was possible. It has, in its […]
Judge: Deloitte Can Handle Two Chinese-related Court Cases Just Fine
Deloitte Touche Tohmatsu CPA Ltd. lost a bid to delay a lawsuit brought by the […]