Anatomy of a Short Attack
The current conditions of the COVID-19 pandemic have created a perfect storm for companies that are subject to an attack by short-sellers.
SEC Planning to Loosen Auditor Independence Rules
On Monday, the SEC proposed changing the rules to keep auditor committees and auditors from spending time on "non-substantive" rule breaches.
CAQ Releases Guide to Reviewing Auditors
There continues to be interest from investors, regulators, and others regarding how audit committees perform their responsibilities, says the CAQ.
Audit Committees Warned on Meeting with PCAOB
When the PCAOB asks to speak with an issuer's audit committee, it "may be a gateway to enforcement activity," note attorneys from Stinson Leonard Street.
Chief Audit Execs: Internal Audit Can Do Better
CAEs say their function doesn't make adequate efforts in communicating with the board and management, among other shortcomings.
Lesson from Nissan: Go the Extra Mile
When it comes to executive compensation reporting, err on the side of over-disclosure.
Not Your Father’s Tax Department Anymore
The complexities wrought by tax reform could prompt companies to revamp their tax leadership, a recruiter says.
Symantec Stock Dives on News of Internal Probe
The cybersecurity firm discloses the audit committee of its board has begun an investigation of "concerns raised by a former employee."
SEC Audit Committee Rule Is Worthless: Study
Investors gain no benefit from a 1999 rule requiring audit committees to have at least three members and be free of conflicting interests, research finds.
External Board Membership: Gains & Pains
CFOs that hold directorships for others swear by the benefits, but the majority that don't serve on boards have good reasons for shying away.
Audit Committees Face Expertise, Risk Management Challenges
More than four in ten (41%) audit committee members say the effectiveness of companies' risk management programs poses the greatest challenge this year.