In Accounting Swan Song, SEC’s White Urges Convergence
Outgoing SEC Commissioner Mary Jo White encourages FASB and IASB to continue collaboration.
Supplemental Financial Disclosure: What Stakeholders Really Want
Hesitation may arise at the thought of providing incremental financial disclosures, but the benefits are clear.
Blockbuster Tax Trade: Less Complexity for More Transparency
With fewer disclosures and less complexity in the tax code, firms could report timelier, more transparent financials, says Haskell & White's Rick Smetanka.
Microsoft Changes Financial Reporting Segments
Juggling of products and services segments is designed to emphasize the company's mobile and cloud businesses.
The CFO’s View of Reporting: More, More and More
Finance execs expect to have to report on forecasting, sustainability, and social responsibility within three years, adding to an already heavy burden.
Hertz Board Finds $87M in Accounting Errors
An audit committee review shows the rental car company overstated GAAP net income for three years.
Publisher Reveals SEC Probe and CFO Departure
Online publisher Bankrate under investigation for improper financial accounting during 2012; CFO steps down.
Wilmington Trust Concealed Problem Construction Loans: SEC
The bank agrees to pay $18.5 million to settle charges of accounting and disclosure fraud.
N.Y. Fed Blasts Deutsche Bank’s Financial Reporting
The German lender's financial reports, according to the Wall Street overseer, were "low quality," and the bank's CFO is coming under fire.
Nothing If Not Critical
A proposal to require auditors to disclose “critical audit matters” in their reports has generated apprehension among audit firms and pushback from CFOs.
Finance Staffers Earn Larger Pay Increases
CFOs earned a 2.8 percent rise in base pay in 2013, but gave staff-level finance personnel an increase of more than 4 percent.