FASB to Take Up Digital Currencies Question
Current GAAP accounting prohibits a business from showing the true value of its crypto assets, say critics.
Beware This Misstep With Share Buybacks
Knowledge of a potential sale eluded Andeavor LLC's internal controls team, causing the firm to violate securities law.
Kaiser to Leave PCAOB; Chief Auditor to Replace Him
Megan Zietsman, chief auditor and director of professional standards of the PCAOB, will replace Jim Kaiser, who is retiring.
No Interest Rate Increases for Three Years: Fed
The Fed's Open Market Committee said that the ongoing public health crisis would continue to weigh on economic activity, employment, and inflation.
Another Weak Quarter for U.S. Banks
Banks' net interest margins plummet; poor business loan performance pushes up delinquency and charge-off rates.
Zoom Outage Disrupts Monday Morning Meetings and Classes
Videoconferencing system's widespread outage demonstrates the fragility of the remote work and learn models.
Sexual Harassment Foreshadows Weak Stock Performance: Study
How much does a high incidence of sexual harassment within a company hurt firm value?
SEC Charges Consumer Loan Company With FCPA Violation
World Acceptance's former Mexico subsidiary paid more than $4 million in bribes to Mexican officials, said the SEC.
U.S. Banks Tighten Lending
Business loan standards are tightening because of the uncertain economic outlook, worsening of industry-specific problems, and reduced tolerance for risk.
French Company to Buy Fintech YayPay
Accounts receivable SaaS provider sells to Quadient for about $20 million in cash.
Frequent Worker Reporting Lowers Worker Performance
When employees have to make frequent reports to their bosses, it raises their anxiety levels and lowers their performance, new research suggests.