I’ll Take Any New Regulation, Just Not This One
Critics of an auditor-rotation proposal suggest alternatives for improving audit quality, including proposals already on the PCAOB’s plate.
FASB Insists on Tax Rule Hated by CFOs
FIN 48, the standard governing uncertain tax positions, won't go through the board’s rulemaking process again.
Apple to Make Minor Dent in Cash Cushion
In a long-awaited announcement, the i-everything maker says it will issue dividends and buy back stock, starting later this year.
CFOs Shout Down Idea of Mandatory Auditor Rotation
The PCAOB's effort to push the concept forward meets with considerable ire from the corporate side.
A Private-Company Foothold Could Strengthen FASB
The standard-setter puts the needs of privately held entities high on its to-do list, as its future role over standard-setting for all U.S. companies is in flux.
Williams-Sonoma CFO Surprises Street with Departure
Sharon McCollam is leaving after 12 years with the company.
More Vitriol Aimed at Obama’s Tax Plan
Proposed changes to the tax code could spur S corporations and limited-liability companies to abandon their coveted &doublequot;pass-through&doublequot; status.
Under Heat from Congress, SEC Still Seeks 18.5% Raise
A congressional appropriations committee expresses misgivings about allowing the securities regulator to spend more money next year.
Standard Setters Strain to Avert More Revenue-Recognition Angst
FASB and the IASB are traveling the world to clarify their proposed rules for simplifying how companies book revenue and to soothe an unsettled business community.
More companies sought credit last year, but the number receiving it didn't keep pace.